Fitch Affirms Mutual of America's IFS Rating at 'AA-'; Outlook Stable + MORE

[Buzz_Burner_Fresh_Updates] Fitch Affirms Mutual of America's IFS Rating at 'AA-'; Outlook Stable – reuters.com (The following statement was released by the rating agency) NEW YORK, September 25 (Fitch) Fitch Ratings has affirmed the ‘AA-‘ Insurer Financial Strength (IFS) rating of Mutual of America Life Insurance Company (MOA). The Rating Outlook is Stable. KEY RATING DRIVERS […]

Citing Supreme Court case, US appeals court rejects apartheid claims against Ford, IBM

[Buzz_Burner_Fresh_Updates] Citing Supreme Court case, US appeals court rejects apartheid claims against Ford, IBM – foxbusiness.com A federal appeals court has rejected lawsuits accusing IBM Corp. and Ford Motor Corp. of supporting apartheid in South Africa decades ago through their business deals. Continue Reading On foxbusiness.com ยป  

RPT-Greece may find it is easier to close banks than re-open them + MORE

[Buzz_Burner_Fresh_Updates] RPT-Greece may find it is easier to close banks than re-open them – reuters.com ATHENS/LONDON, June 29 (Reuters) – Capital controls imposed in Greece are likely to stay in place for months and its banks may need billions of euros of new capital or even face nationalisation under a lengthy financial rebuilding, industry sources […]

Fairfax moves to protect Watsa's voting stake

[Buzz_Burner_Fresh_Updates] Fairfax moves to protect Watsa's voting stake – reuters.com TORONTO, June 13 (Reuters) – Fairfax Financial Holdings has called a special meeting of its shareholders to decide on a change that will preserve Prem Watsa’s voting stake in the firm he has built and run for more than three decades. Continue Reading On reuters.com […]