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Rochester News

• Two Harbors Investment Corp. Announces First Quarter 2010 Dividend of $0.36 per Share
  NEW YORK--(BUSINESS WIRE)--The Board of Directors of Two Harbors Investment Corp. (“Two Harbors”) (NYSE Amex: TWO; TWO.WS) today declared a quarterly dividend of $0.36 per share of common stock for the first quarter of 2010. This dividend is payable April 23, 2010 to common shareholders of record at the close of business on March 31, 2010. Two Harbors Invest […]
• A.M. Best Revises Outlook to Positive for Central Co-Operative Insurance Company
  OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B++ (Good) and issuer credit rating of “bbb+” of Central Co-Operative Insurance Company (Central Co-Op) (Baldwinsville, NY). The ratings reflect Central Co-Op’s favorable risk-adjusted capitalization and long-standing lo […]
• Fitch Affirms 5 Classes of Ford Credit Auto Owner Trust 2009-A
  NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed five classes of notes issued by Ford Credit Auto Owner Trust 2009-A as part of its ongoing surveillance process. The collateral continues to perform within Fitch's base case expectations. Currently, under the credit enhancement structure, the securities can withstand stress scenarios consistent with […]
• Dreyfus Strategic Municipal Bond Fund Annual Earnings Report for the Fiscal Year Ended November 30, 2009
  NEW YORK--(BUSINESS WIRE)--DREYFUS STRATEGIC MUNICIPAL BOND FUND, INC. (NYSE, DSM) REPORTED THE FOLLOWING FINANCIAL INFORMATION FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2009, COMPARED WITH THE RESULTS FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2008: YEAR ENDED NOVEMBER 30: 2009 2008 NET INVESTMENT INCOME* TOTAL $ 30,805,161.00 $ 30,793,126.00 PER SHARE $ 0.64 $ 0. […]
• Fitch Rates Cincinnati Bell’s $625MM Sr. Subordinated Debt Offering ‘B/RR5′; Outlook Stable
  CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'B/RR5' rating to Cincinnati Bell Inc.'s (CBB) offering of $625 million of 8.75% senior subordinated notes due 2018. The company's Issuer Default Rating (IDR) is 'B+', and the Rating Outlook is Stable. The proceeds will be used to redeem the company's outstanding 8.375% […]
• A.M. Best Withdraws Ratings of Hanover Fire & Casualty Insurance Company
  OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating (FSR) of B+ (Good) and issuer credit rating (ICR) of “bbb-” of Hanover Fire & Casualty Insurance Company (Hanover) (Conshohocken, PA). Concurrently, A.M. Best has withdrawn the ratings at the company’s request and assigned a category NR-4 to the FSR and an “nr” to th […]
• Fitch Affirms Atlantic’s ‘F1′ CP Rating
  NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the 'F1' rating assigned to asset-backed commercial paper (ABCP) issued by Atlantic Asset Securitization, LLC (Atlantic). Criteria described in 'Global Rating Criteria for Asset-Backed Commercial Paper' (Oct. 22, 2009) and 'Global Structured Finance Rating Criteria' (Sept. 30, 200 […]