Friday, March 16, 2007
Standard & Poor's Lowers Ratings on Phoenix, Subsidiaries
The Phoenix Cos. Inc., pushing hard in turnaround efforts, got a bit of bad news Thursday - downgrades from Standard & Poor's Ratings Services.
S&P lowered its financial strength ratings on Phoenix operating subsidiaries from A to A-, which is still in the "strong financial security" category. But the company continues to have lower ratings than many competitors, which are AA or higher.
Standard & Poor's Lowers Ratings on Phoenix, Subsidiaries
Source: Courant.com
S&P lowered its financial strength ratings on Phoenix operating subsidiaries from A to A-, which is still in the "strong financial security" category. But the company continues to have lower ratings than many competitors, which are AA or higher.
Standard & Poor's Lowers Ratings on Phoenix, Subsidiaries
Source: Courant.com
Permalink posted by armandn @ 10:02 AM 
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