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NEW YORK--(BUSINESS WIRE)--Standard & Poor's--Oct. 28, 2002-- EUROPEAN UPDATE Here is the current lineup of top articles and research from Standard & Poor's Credit Information Services: COMING UP: --30--ATR/se* CONTACT: Standard & Poor's Asia-Pacific: Nerys Williams (852-2533-3515) London: Lisa Hall (44-207-826-3536) Melbourne: Sharon Beach (61-3-9631-2152) New York: Mimi Barker (1-212-438-5054) Paris: Claude Chaubet-Bride (33-1-4420-6657) Tokyo: Toshiko Tanabe (813-3593-8410) PUBLISHED: RESEARCH REPORTS CORPORATES -- AES Corp. Attempts to Beat the Refinancing Curve -- U.S. Energy Commodity Prices Set For Volatility -- Telecommunications in Latin America: Regulatory Risk in the Spotlight -- Regulatory Risk Sets Negative Tone for Ratings on Brazilian Utilities -- Asian Transportation Would Suffer From Another U.S. West Coast Port Closing -- Declining Profitability and Increased Debt Depress Senior Living Ratios and Ratings -- Post-Enron Era: A Need for Corporate Governance -- Restoring Investor Confidence: Next Steps GLOBAL FIXED INCOME RESEARCH -- Standard & Poor's Core Earnings Figures Released for the S&P 500 -- Number of Companies Defaulting in Third Quarter Declines Globally, Dollar Amount Remains High -- Record Number of Fallen Angels Sets Tone for European Union -- Standard & Poor's: U.S. Credit Spreads Widen and Volatility Rises FINANCIAL SERVICES -- Sophistication is Key to Stability for Global Insurance Market -- Bank Loan Recovery Analysis For Oil & Gas Exploration And Production Companies -- Rationale for Downgrades, Reasons for Hope, for U.S. Life Insurers -- Industry Report Card Released on U.S. Finance Companies -- Japan Financial Sector Review 2003 Published -- Focus on Accounting: Insurers' Loss Reserves Scrutinized -- Standard & Poor's Analyzes Finance Company Problem Asset and Loan Loss Accounting LOCAL & REGIONAL GOVERNMENTS -- Spanish Local-Government Ratings Set to Withstand Changes in Revenue Sources STRUCTURED FINANCE -- State Statutes for the Securitization of Tobacco Settlement Revenues -- New EU Regulation Clarifies Jurisdiction of Assets in Securitizations PUBLIC FINANCE -- Few November Ballot Initiatives Pose Credit Concerns INFRASTRUCTURE -- Industry Report Card Released on Australian Utilities RATING ACTIONS CORPORATE RATINGS -- Outlook on Russia-Based Oil Giant LUKoil OAO Revised to Positive; 'B+' Rating Affirmed -- Outlook to Positive on Russia-Based Oil Giant TNK International Ltd; 'B+' Rating Affirmed -- Tyco International Ltd. Ratings Still on Watch Negative After Third-Quarter Earnings Statement -- Carnival Still Watch Negative; P&O Princess to Watch Positive; Royal Caribbean Off Watch -- Hertz Long-Term Ratings Remain Watch Negative Following Ford Downgrade -- Ford Motor Co. Long-term Ratings Lowered; Off Watch on Revitalization Plan Concerns FINANCIAL SERVICES RATINGS -- TIAA Global Market Inc. $500M Senior Unsecured Notes Assigned 'AAA' Rating -- Old Republic Title Insurance Group Ratings Affirmed; Outlook Stable -- Radian Group Inc. and Subsidiaries Ratings Affirmed; Outlook Stable LOCAL & REGIONAL GOVERNMENT RATINGS -- City of Madrid's EUR180 Million Bond Issue Assigned 'AA+' Rating -- Singapore's First Listed Property Trust, CapitaMall Trust, Assigned 'A-' Rating -- Outlook on Hong Kong's Local Currency Ratings Revised to Negative from Stable SOVEREIGN RATINGS -- Pakistan's PRs20 Billion Bonds Rated 'B+' -- Cook Islands' Outlook Revised to Positive; Ratings Affirmed STRUCTURED FINANCE RATINGS -- Central Finance's JPY22.6 Billion Series 2 Japanese Auto Loan ABS Assigned 'AAA' Ratings -- Singapore's First Listed Property Trust, CapitaMall Trust, Assigned 'A-' Rating -- Fort Point CDO I Ltd./Fort Point CDO I Corp. Notes Assigned Ratings -- SKM LibertyView CBO I Ltd. Ratings on Class B Put On Watch Negative; A-1, A-2 Ratings Affirmed RESEARCH ANALYSIS CORPORATES -- National Foods Ltd. -- PCCW-HKT Telephone Ltd. -- Nichimen Corp. -- TJX Companies Inc. -- Kohl's Corp. -- RTL Group S.A. -- Sun Microsystems Inc. -- Procter & Gamble Co. -- Dell Computer Corp. FINANCIAL SERVICES -- UFJ Bank Ltd. -- CCF -- Old National Bancorp -- Zurich Australia Ltd. -- Zurich Australian Insurance Ltd. -- Physicians Mutual Insurance Co. and Physicians Life Insurance Co. SOVEREIGNS -- Norway (Kingdom of) LOCAL AND REGIONAL GOVERNMENTS -- Christchurch City Council -- Saxony - Anhalt (State of) -- Calgary (City of) -- Irkutsk Oblast Copyright 2002, Standard & Poor's Ratings Services
[CAIW [Corporate Announcements Intelligence Wire]]
28 October 2002 12:40
S&P Global Credit Markets Digest -- European Update
-- Greater China CreditStats: The Story Behind the Numbers
-- Hong Kong Outlook Mixed
-- International Slowdown Impacts Taiwan
-- Mainland China Defies Slump
-- Depending on War Scenario, Oil Prices Worldwide Would Jolt Differently
-- End of Softwood Lumber Agreement and Tariff Issues Between U.S. and Canada
-- Time to Sink or Swim For AES Corp.
-- Monthly U.S. Energy Commodity Report
-- Liquidity in the North American Engineering and Construction Sector
-- Standard & Poor's Expands Criteria for Partially Guaranteed Issuers
-- Criteria for Multilateral Lending Institutions
-- Property Catastrophe Rate Increases Vary by Account Size and Region
-- Southeast Asian Sovereign Credit Quality: Heading in the Right Direction
-- Non-Profit Profits: Not a Contradiction
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