Fitch Downgrades PulteGroup (PHM)
Recently, Fitch Ratings downgraded their ratings and outlook on PulteGroup Inc. ( PHM ) owing to the ongoing weakness in the housing and construction industry. Fitch reduced PulteGroup's issuer default rating and its senior unsecured ratings to "BB" from "BB+." The ratings agency also downgraded its outlook on the homebuilder to "Negative" from "Stable" […]