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Moody's downgrades Sprint debt

Sprint Nextel Corp. saw its debt rating cut Friday by Moody’s Investors Service, which said the wireless carrier’s turnaround is taking longer than expected. Moody’s lowered Overland Park-based Sprint’s corporate rating one level to Ba2, two levels below investment grade. Moody’s said its outlook on Sprint was negative, meaning the carrier could be...

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Moody's downgrades Liberty Media LLC ratings

Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Liberty Media LLC on Friday. The changes come shortly after shareholders approved the formation of a new company out of DirecTV Group Inc. and some of Liberty's entertainment businesses.

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Moody's downgrades Sprint rating

Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel Corp. because it is taking longer than expected to stanch a deterioration in its profit.

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Moody's downgrades Liberty Media LLC ratings

Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Liberty Media LLC on Friday. The changes come shortly after shareholders approved the formation of a new company out of DirecTV Group Inc. and some of Liberty's entertainment businesses.

3Vote!

Moody's downgrades Liberty Media LLC ratings

NEW YORK -- Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Liberty Media LLC on Friday. The changes come shortly after shareholders approved the formation of a new company out of DirecTV Group Inc. and some of Liberty's entertainment businesses.

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Moody's downgrades Liberty Media LLC ratings

NEW YORK — Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Lib...

3Vote!

Moody's downgrades Sprint rating

NEW YORK — Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel ...

+Vote!

Moody's downgrades Liberty Media LLC ratings

NEW YORK — Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Lib...

3Vote!

Moody's downgrades Sprint rating

NEW YORK — Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel ...

3Vote!

Moody's cuts Sprint Nextel rating to 'Ba2'

LOS ANGELES (MarketWatch) -- Moody's Investors Service on Friday downgraded its corporate family rating on Sprint Nextel Corp. to Ba2 from Ba1, saying the wireless-services provider's ability to stem the deterioration of its earnings is taking longer than it had originally anticipated. The agency said the company's leverage, therefore, is likely to deteriorate before stabilizing at much weaker levels...

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Moody's: Inaction On Deficit Could Hurt NY Rating

New York's stable credit rating could be hurt if the Legislature fails to heed Gov. David Paterson's calls to cut spending and eliminate a $3.2 billion deficit, Moody's Investors Service said Friday. The warning by the credit-analysis firm came as Paterson and lawmakers continued to negotiate how to address the deepening budget gap, an issue they have been discussing since September.

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Paterson: Moody’s has sent a warning

Speaking to reporters after speaking to Americorps volunteers, Gov. David Paterson said that legislative leaders still failed to grasp the consequences of failing to address the deficit now. Paterson said Moody’s Investors Service has released a report noting that the state is in peril of seeing its current Aa3 credit rating downgraded as cash reserves run [...]

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Sprint: Moody’s Downgrades Debt On Weak Earnings Outlook

Moody’s today downgraded its corporate family rating on Sprint Nextel (S) to Ba2 from Ba1 “because the company’s ability to stem the deterioration of its earnings is taking longer than originally anticipated.” As a result, Moody’s added, “the company’s leverage is likely to deteriorate before stabilizing at much weaker levels [...]

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Moody's: Inaction on deficit could hurt NY rating

New York's stable credit rating could be hurt if the Legislature fails to heed Gov. David Paterson's calls to cut spending and eliminate a $3.2 billion deficit, Moody's Investors Service said Friday.

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Moody’s downgrades Sprint credit rating

Moody’s Investors Service has downgraded Sprint Nextel Corp.’s junk credit rating because the wireless carrier hasn’t been able to improve its earnings as quickly as expected. (VM) (S)