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Dec 11, 2008, 09:23 PM
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DriverHeaven Extreme Member
Join Date: Apr 2004
Posts: 7,275
Rep Power: 89   |
Sprint's debt rating drops to 'junk' status
The nation's third largest mobile provider took a hit on its stock price Thursday after Moody's Investors Service downgraded Sprint Nextel's senior unsecured debt rating to Ba2, known more commonly as the "junk" rating.
______________ Source: BetaNews |
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