In a special report Monday, Fitch Ratings said negative rating actions against Florida credits last year outpaced positive actions by three-to-one, but the agency expects ratings to stabilize in 2010.

Fitch took negative actions, including downgrades and outlook revisions to negative, on 15% of 224 credits it rates in the state. They included 16 downgrades while Fitch took positive action on just 5% of the rated credits.

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