| 1 | With its move, Fitch caught up with Moody's, which last week cut Portugal's ratings two notches to A3, equivalent to Fitch's A-minus. | |
| 2 | Moody's said it might cut its Greek rating by more than one notch while at the third major rating agency, Fitch, analyst Chris Pryce told Reuters the agency was "actively reviewing" Greece's rating. | |
| 3 | S&P cut its rating of Greek government debt by a full three notches to BB-plus, the first level of speculative status. The outlook is negative, meaning the agency could downgrade Greece again. | |
| 4 | Fitch withdrew its ratings on Toronto-listed Sino-Forest last week, after downgrading it two notches to BB in June. | |
| 5 | An outright one-notch downgrade is not ruled out, but less likely, the agency said in a statement. A negative outlook usually means a downgrade is possible in two years. |
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