<< Read Full Article
<< Read Full Article
Moody's Lowers Outlook On GATX To 'negative'
Stock quotes in this article:
GMT
- Loading Comments...
NEW YORK (AP) — Moody's Investors Service on Friday lowered its rating outlook on GATX Corp. to "negative" from "stable," saying the recession could further weaken the company's railcar-leasing business.
Moody's, however, affirmed GATX's long-term rating of Baa1 and its Prime-2 short-term ratings.
Softer demand for railcars has translated into less usage and lower lease rates, crimping GATX's revenue. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet