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  1. (AFX UK Focus) 2008-11-11 19:34 CORRECTED-(OFFICIAL)-Fitch slashes GMAC debt to CC (Interactive Investor)
    www.iii.co.uk
    NEW YORK, Nov 11 (Reuters) - Fitch Ratings on Tuesday cut its ratings on GMAC LLC deeper into junk territory, and said it may cut its debt to default, citing the finance company's operating losses and risks to the value of its bonds. Fitch cut GMAC's issuer default ratings four notches to "CCC," eight steps below investment grade, and downgraded the senior unsecured debt six notches to "CC," ten ...
  2. Cigna Shares Plunge After Quarterly Profit Drops 53% (Update1) - Bloomberg
    www.bloomberg.com
    Oct. 30 (Bloomberg) -- Cigna Corp. fell the most in six years in New York trading after reporting a 53 percent decline in quarterly profit tied to shrinking health-plan membership and falling values of stocks held by its annuities business. The ...
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