S&P Cuts Credit Ratings for AT&T and Verizon

by | Dec 6, 2010 | Towing

Standard & Poor’s lowered the credit ratings for AT&T and Verizon Communications on Monday, saying that increased competition will make it harder for the two largest phone companies to pay down their long-term debt.
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Beware: Credit Markets Are Getting Risky Again

by | Oct 10, 2010 | Towing

Investors hungry for higher yields are flocking to the credit markets, putting junk-bond issuance on a record-setting pace. And lenders are loosening credit standards, while companies take on debt just because it’s cheap. Sound…