financial
financial
June 4, 2008
In Brief: S&P Downgrades Liz...
Standard & Poor's revised its credit rating on Liz Claiborne Inc. to "BB" from "BBB," pushing the firm's debt rating down into speculative or "junk bond"...
financial/news
Standard & Poor's revised its credit rating on Liz Claiborne Inc. to "BB" from "BBB," pushing the firm's debt rating down into speculative or "junk bond" territory. Such ratings gauge how likely a company is to pay back its debt.
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