“Our October downgrade was based on concerns that are manifesting themselves now, although current conditions are actually worse than we feared,”
“If the rating agencies downgrade this across the board ... that could have an impact on the earnings,”
“Investors may want a premium on bonds, which may push the cost of borrowing up. But a downgrade will have an immediate impact on the cost of debt.”
“This is a classic case of bad timing. If it hadn't been for the downgrade, those (Japanese) semiconductor shares should have performed strongly today.”
“Yesterday's move had a lot to do with the downgrading of the hurricane, but it's the same category as Katrina.”
“With the chairman off, a downgrade and the Japanese no longer likely to bid, the shares are unlikely to make further progress in the short term.”
“This is a really nice building, so someone moving in from a more expensive market would not be downgrading any of the amenities they're used to working with.”
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