AVP
08-07-2002, 09:28 AM
Moody's may cut Disney rating, follows S&P warning (http://story.news.yahoo.com/news?tmpl=story&u=/nm/20020806/media_nm/disney__update_1__1)- Reuters, 7/5/02
QuikQuote: Moody's Investors Service Monday said it may cut Walt Disney Co.'s long-term credit ratings because theme park attendance is falling, and fewer people are watching or buying advertising on the ABC television network.
Disney shares fell to nearly an eight-year low.
QuikQuote: Moody's Investors Service Monday said it may cut Walt Disney Co.'s long-term credit ratings because theme park attendance is falling, and fewer people are watching or buying advertising on the ABC television network.
Disney shares fell to nearly an eight-year low.