08:45 ET S&P list of co's that may face cash crunch-- WSJ
The Wall Street Journal is reporting that S&P has compiled a list of highly-rated co's that could face a cash crunch; agency says co's on the list could face severe problems if certain clauses in their financial agreements are breached, for example due to debt downgrades or weakness in shares, forcing them to pay back mlns in dollars of debt or take other painful steps. Co's on the list are: ILA, BKH, DNIR, DYN, GP, HAL, MIR, PGO, PCG, Philadelphia Gas Works, RTN, RRI, SEN, TYC, WMB, as well as V. |
