3.89%QQQQ 33.42 4.87%XLF 16.69 
2.52%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - Standard & Poor's Ratings Services on Monday cut its credit outlook for real estate investment trust Equity One Inc. to "stable" from "positive," citing concerns about the economy.
| EQY | 17.81 |  -1.62 |
S&P left the company's "BBB-" corporate credit and senior unsecured debt ratings unchanged. That is the lowest investment grade rating before a company's credit is considered "junk."
"The outlook revision reflects credit metrics that have not returned to their previous stronger levels, which reduces the potential for an upgrade in the near term given our expectation that retailers and their landlords will face increasing headwinds this year," credit analyst Elizabeth Campbell said.
Equity One shares added 50 cents, or 2.1 percent, to $24.55 Monday.
A former North Country assemblyman, who served 20 years in Legislature and a current member of the New York State Parole Board, is facing child p...
Joey Chestnut set a new fast-eating record when he ate 45 pizza slices in 10 min...
Oil prices rebounded from a 13-month low to rise above $81 a barrel Monday in As...
new york web designers specializing in custom web design, joomla web design. Get a free quote today.
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
