Moody's cuts DaimlerChrysler rating, may cut again

Newswire

NEW YORK, Sept 15 (Reuters) - Moody's Investors Service on Friday cut its debt rating on DaimlerChrysler and said it may cut the rating again, citing the automaker's reduced profit forecast for the current year.

Mounting losses at U.S. arm Chrysler forced DaimlerChrysler to cut its 2006 operating profit forecast by around 1 billion euros ($1.27 billion) on Friday, sending its shares skidding ...

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