High seasonal demand for natural gas in the US this winter has driven a significant draw-down in inventories and pushed Henry Hub natural gas prices well above $5.00 per million cubic feet (mcf), a level not seen on a sustained basis since 2010. However, Fitch Ratings believes a much-improved, long-term US gas supply outlook will contain price pressures once seasonal demand patterns normalize.

Marriott International, Inc. and South Africa’s Protea Hospitality Holdings announced today that they have signed definitive agreements for the purchase by Marriott of Protea’s three brands and management company.

Moody's Investors Service has reduced its forward view for the average price of gold and silver in 2014 and beyond to $1,100/oz and $18/oz, respectively, in its assessment of global gold and silver producers. The rating agency had previously assumed the price of gold and silver would average $1,200/oz and $20/oz over the next couple of years.

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