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Nice Work Congress! US Credit Rating Has Been Lowered to AA+
S&P cut the long-term U.S. credit rating by one notch to AA-plus. The credit agency said it was making the move because the deficit reduction plan passed by Congress Tuesday did not go far enough to stabilize the country's debt situation.
U.S.
Corporate profits aren't what they seem - The Seattle Times
Corporate profits aren't what they seem The Seattle Times As companies close their books on the final three months of last year, the big ones in the Standard & Poor's 500 stock index appear likely to earn about $230 billion. That would be $12.6 billion more than a year earlier. But the increase, 5.8 percent, ...
TEXT-S&P affirms Houghton International rating at 'B' - Reuters
TEXT-S&P affirms Houghton International rating at 'B' Reuters Feb 6 - Standard & Poor's Ratings Services said today that it affirmed its ratings, including the 'B' corporate credit and issue-level ratings, on Valley Forge, Pa.-based Houghton International Inc. (Houghton). At the same time, we revised our recovery ...
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