Friday, June 26, 2020

Moody#39;s doubles down on SoftBank concerns after public spat

Moody#39;s doubles down on SoftBank concerns after public spat The revision to the outlook represents a doubling-down by Moody#39;s after it cut SoftBank deeper into junk territory in March - leading to the indebted conglomerate taking the unusual step of asking for its rating to be withdrawn.

from Moneycontrol Business News https://ift.tt/2Z9IP3H
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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...