Author Topic: Ford's credit downgraded at Moody's, to 1 notch above 'junk' status  (Read 688 times)

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Offline endicom

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Market Watch
Tomi Kilgore
Aug. 29, 2018

Ford Motor Co.'s F, -0.25% credit was downgraded Wednesday one notch to Baa3 at Moody's Investors Service, which puts the rating at the bottom rung of the investment-grade ladder. The automaker's stock fell 0.1% in afternoon trade. The rating outlook is negative, which suggests a downgrade into "junk" status is more likely than an upgrade.

More... https://www.marketwatch.com/story/fords-credit-downgraded-at-moodys-to-1-notch-above-junk-status-2018-08-29?mod=newsviewer_click