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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (37574)3/5/2002 3:46:31 PM
From: LTK007  Respond to of 99280
 
<<14:49 ET Qwest Comms downgraded by Moody's (Q) 8.50 -0.65: -- Update -- Moody's downgrades the co's long-term rating to Baa2 from A3, affecting approx $28.2 bln of debt securities. The downgrade reflects concerns about Q's ability to resolve substantial near-term debt maturities, while investments in long-haul and local businesses have left it with substantial debt while not yet generating free cash flow.


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