S&P sees increase in potential credit rating cuts

Newswire

NEW YORK, Sept 26 (Reuters) - Standard and Poor's said on Tuesday the number of potential credit rating downgrades has reached its highest level since S&P began producing this report in September 2005, as sectors that rely on consumers' discretionary income remain under pressure. The number of global entities that could be downgraded rose to 668 in mid-September, 15 more than in the previous month. The rating agency said 83 percent of those entities are in the United States or Europe. ...

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