Rating Agency

Rating agency Fitch dropped a bombshell late Tuesday, leaving analysts and economists confused. Even as the U.S. economy is chugging along nicely despite the encircling uncertainties, the firm downgraded U.S.'s long-term rating from "AAA" to "AA+." The firm, however, removed the "rating watch...

Moody's Investors Services, the notable credit rating agency, boosted their ratings outlook on Planet Fitness Inc (NYSE: PLNT)'s debt due to the company's strong operating performance and an improving financial profile. Moody's upgraded Planet Fitness' debt rating from Stable to Positive while...