Fitch Affirms IDRs of TCEH and EFCH at 'C' and EFH and EFIH at 'CC'
While we continue to believe TXU TXU shares are currently overvalued, we plan to revisit our modeling assumptions following the release of second-quarter operating results Aug. 1 and will provide an updated report soon thereafter.
TXU continues to generate robust cash flows.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
Volatility in Asia, subprime woes take market for a ride.