AardvarkBusiness.net - Business Search Engine AardvarkBusiness.net - Business Search Engine



 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister   ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

     

S&P cuts GM and Ford to junk status

 
 
Post new topic   Reply to topic    AardvarkBusiness.net Forum Index -> Business News Forum
View previous topic :: View next topic  
Author Message
abi
President
President


Joined: 05 Apr 2005
Posts: 14168

-233 ants

PostPosted: Fri May 06, 2005 12:00 am    Post subject: S&P cuts GM and Ford to junk status Reply with quote

NEW YORK (Reuters) - Standard & Poor's on Thursday cut its ratings on about $290 billion of General Motors Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GM.N&target=/stocks/quickinfo/fullquote">GM.N</A> and Ford Motor Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=F.N&target=/stocks/quickinfo/fullquote">F.N</A> bonds to junk, jolting financial markets and further hampering the automakers as they grapple with brutal competition.

Read more...
Back to top
View user's profile Send private message Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    AardvarkBusiness.net Forum Index -> Business News Forum All times are GMT + 1 Hour
Page 1 of 1

 
Google
 
Business Forum Sport Forum Travel Forum


Powered by php B B © 2001, 2002 php B B Group

AardvarkBusiness.net Business Search Engine & Directory