General engines get lowest kredietwaardigheid
NEW YORK (DUTCH PRESS AGENCY) - the American car
manufacturer General engines (GM) the lowest kredietwaardigheid got of
the renowned credit appraisal office Standard have granted & to
Thursday; Poor's. The shares of GM have changed with that
to so-called junkbonds'. the stock exchange index of GM decreased
after the disclosure with more than 3.5 percent. The status of
the proportion of GM is now BB. That is the lowest appreciation
which is there. By that low status it becomes for the venture
more with difficulty and more expensively from outside attract money.
GM have enough time it a lot with difficulty last by lower sale
figures, towering pension costs and a decreasing market share in the
united states the grant value of the enormous company with an annual
turnover of 193 billion dollar has decreased since spring of 2000 with
74 per cent or of 43 billion dollar up to 18 billion dollar. The
proportion of GM approximately 31 dollars worth shortly after the
disclosure of the junkstatus of GM have also the American
branchegenoot ford the lowest kredietwaardigheid have been got of
Standard & Poor's. The office is not optimistic
concerning the future of ford. The share tumbled with more than
5 per cent down.
Source "General engines gets lowest kredietwaardigheid": underground railway
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