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Credit-rating agency Fitch Ratings slashed its issuer default ratings for eight home builders, bumping three -- Ryland Group, D.R. Horton and Centex -- into "junk" status. Fitch said its ratings reflect its expectation that the housing slump will extend into next year and hurt prospects for a recovery in the sector.

Home Business

$1,000 door prize offered to promote Maine Home & Lifestyle Expo in Camden on Friday (Camden Herald)
CAMDEN A local business has announced that it will award a gift certificate worth $1,000 to one person who attends this Friday evenings Wine & Cuisine Gala, which is the opening event of the new Maine Home & Lifestyle Expo, held at the Knox Mill, May 16-18.

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