Debt: West Bengal facing Greece-like tragedy

In March, euro zone finance ministers signed a second Greek bailout package, worth euro 130 billion. Probably, taking a cue from this, West Bengal Finance Minister Amit Mitra at a recent industry meet said, “We need to work on debt restructuring, which includes debt elimination. It has been done in the case of Greece and other countries. Hence, this can be done for West Bengal too. There is also ...

Fitch Affirms Province of Ontario, Canada at 'AA'; Outlook Remains Negative

Fitch Ratings has affirmed the following ratings for the Province of Ontario, Canada :

Spartan Stores Announces Fourth Quarter and Fiscal Year 2012 Financial Results

Spartan Stores, Inc., a leading regional grocery distributor and retailer, today reported financial results for its 13-week fourth quarter and 53-week fiscal year end

Sears Canada Reports First Quarter Results

TORONTO, May 16, 2012 /CNW/ - Sears Canada Inc. (SCC.TO) today announced its unaudited first quarter results.  Total revenue for the 13 week period ended April 28, 2012 was $915.1 million compared to ...

Fitch Upgrades Dean's Credit Facility and Unsecured Debt Ratings; Revises Outlook to Positive

Fitch Ratings has upgraded the secured bank credit facility and senior unsecured debt ratings of Dean Foods Company and the senior unsecured debt rating of Dean Holding Company.