Moody’s lowers Alcoa outlook on weak end markets
Moody’s lowers Alcoa outlook on weak end markets October 13th, 2008 SAN FRANCISCO (MarketWatch) — Moody’s Investors Service on Monday lowered Alcoa Inc.’s outlook to negative from stable because of weak aluminum end markets. Moody’s affirmed its Baa1 senior unsecured rating and Prime-2 short term rating on Alcoa. About $7.2 billion of debt is affected by the ratings. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more in
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