Fitch Cuts WellPoint Outlook to Negative
“The revised outlook reflects the increased potential for continued profitability pressure beyond the 2008 time frame, which could lead to a downgrade of WellPoint’s ratings”
Fitch Ratings revised its outlook on WellPoint Inc. late Tuesday to negative from stable in response to the company’s reduced profit guidance, but affirmed its investment-grade ratings on the health insurer. via International Business Times
More: continued here
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!