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Moody's Downgrades France to Aa1, Maintains Negative Outlook
Tuesday, November 20, 2012 - 9:57am | 547Moody's Monday downgraded the credit rating of French sovereign debt to Aa1 from AAA, or one notch, citing a worsened economic outlook with increased exposure to peripheral nations through trade and banking and rising debt-to-GDP levels. France was also kept on negative watch, meaning further...
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Stocks Fall as Spain Downgraded
Wednesday, June 13, 2012 - 6:26pm | 379The U.S. stock market fell apart late in the day on Wednesday after the major averages spent much of the session near the unchanged mark. Investors continue to sell risk assets as fears ramp up over rising Spanish bond yields, signalling that the European sovereign debt crisis may be spinning out...