Word: fitch
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...certainly the worst in home loans, but the troubles in mortgage markets have caused investors to look at other securities a little more skeptically. There's no telling exactly what set off the sell-off in global stock markets, but a possible candidate was the Jan. 18 downgrading by Fitch Ratings of U.S. bond insurer Ambac. The insurer allows cities and other bond issuers to pay lower interest rates because their insured bonds are deemed virtually risk free. But now markets are beginning to question whether Ambac and other bond insurers are really solid enough to confer that kind...
...store near you. Leading an army of 7,162 workers in nearly 40 countries, Li & Fung is the world's largest consumer-products sourcing company, last year managing the manufacture of more than $6 billion worth of toys, clothes, memorabilia and even auto parts for the likes of Abercrombie & Fitch, Advance Auto Parts, Coke and Kohl's. "They are our eyes and ears," says Laura Willensky, vice president of merchandising and design for Gymboree, a San Francisco--based women's- and children's-apparel chain...
While much of the class of 2008 will soon be I-banking their lives away, a handful will be scootering from their graphic tee design session to a fire-pit party—or so the recruiters from Abercombie and Fitch are hoping. About 40 upperclassmen attended A&F’s corporate info session Oct. 9, where chill employees and an even chiller video (techno, anyone?) presented the company’s summer internships for juniors and job opportunities for graduates in fashion merchandising. “We want nice, smart people that understand our brand...
...tranches. Then, you pay to play. Some of the pieces are the first in line to get hit by any defaults, so they offer relatively high yields; others are last to get hit, with correspondingly lower yields. The alchemy begins when rating agencies such as Standard & Poor's and Fitch Ratings wave their magic wand over these top tranches and declare them to be a golden AAA rated. Top shelf. If you want to own AAA debt, CDOs have been about the only place to go; hardly any corporation can muster the credit worthiness to garner an AAA rating anymore...
...Plato's Closet, which caters to teens, a computerized system in each outlet spits out prices for popular brands like Abercrombie & Fitch, Baby Phat and Seven. There's even a guide to help workers determine the age of, say, a pair of shorts from the Gap on the basis of the styling of the label. (Plato's won't take anything more than a year old.) Owned by the Minneapolis-based Winmark Corp., Plato's has opened some 200 franchises since 1999. The company rang up more than $100 million in sales in 2006 and plans to open 35 additional...