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IN BRIEF.(B)
Byline: Compiled from Reuters
Edison's Debt Rating Might Drop
Moody's Investors Service said it may downgrade Commonwealth Edison Co., citing an increasingly contentious political and regulatory climate in Illinois.
Recent statements by Illinois government officials suggest there may be a serious dispute over Commonwealth Edison's attempt to recover its costs of procuring power. If the utility's costs increase sharply in 2007, and it cannot recover costs in a timely manner, its credit quality could weaken.
Moody's rates the utility's senior unsecured debt Baa1, the third lowest investment-grade rating. Commonwealth Edison is a regulated utility unit of Exelon Corp.
AmeriServ Financial's Rating Rises
Fitch Ratings likes the fact the company completed a $10.3 million private placement of common stock.
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...April 2008-The Maybach Journal: AmeriServ Financial Inc. Review in Progress(C)1994...April 15, 2008, we have added AmeriServ Financial Inc. (NASDAQ: ASRV) to the list...numerous publicly traded companies AmeriServ Financial Inc. was up over $0.25 on below...
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AmeriServ Financial, Inc. has received shareholder approval to...region, our employees and our shareholders." AmeriServ Financial, Inc., is the parent of AmeriServ Financial Bank and AmeriServ Trust & Financial Services...
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- Press release article from: PR Newswire November 14, 2006 700+ words
...14 /PRNewswire-FirstCall/ -- AmeriServ Financial Inc. senior managers will describe...obstacles facing the industry. AmeriServ Financial President and CEO Allan R. Dennison...encourage investors to learn more about AmeriServ Financial as an investment opportunity, according...
- AmeriServ Financial Completes Acquisition.
- Press release article from: PR Newswire March 7, 2007 700+ words
...7 /PRNewswire-FirstCall/ -- AmeriServ Financial, Inc. today announced that it...now a wholly owned subsidiary of AmeriServ Financial Bank. The company expects the transaction...Dennison, president & CEO of AmeriServ Financial, said, "This completed acquisition...
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- Press release article from: PR Newswire January 22, 2007 700+ words
...22 /PRNewswire-FirstCall/ -- AmeriServ Financial, Inc. today announced that it...be a wholly owned subsidiary of AmeriServ Financial Bank. Because this will be a cash...Dennison, president & CEO of AmeriServ Financial, said, "One of our strategic...
- AmeriServ Financial to Present at ABA Community Bank Investor Conference.
- Press release article from: PR Newswire October 28, 2008 700+ words
...28 /PRNewswire-FirstCall/ -- AmeriServ Financial Inc. President and CEO Allan R...elsewhere in financial markets." AmeriServ Financial, Inc. is the parent of AmeriServ Financial Bank and AmeriServ Trust &...
- AmeriServ Financial and Steelworker Locals Sign One-Year Extension.
- Press release article from: PR Newswire January 14, 2003 700+ words
AmeriServ Financial, the $1.2 billion banking subsidiary of AmeriServ Financial, Inc. , and United Steelworkers of America...agreed to a one-year contract extension. AmeriServ Financial unionized employees voted overwhelmingly...
- AmeriServ Financial Reports Earnings for the First Quarter of 2009.
- Press release article from: PR Newswire April 14, 2009 700+ words
...14 /PRNewswire-FirstCall/ -- AmeriServ Financial, Inc. reported first quarter 2009...quarter 2009 financial results, "AmeriServ Financial generated strong loan and deposit...capitalized community banks like AmeriServ Financial. Additionally, the Company also...