(Reuters) - NEW YORK, Aug 3 - Standard & Poor's on Friday
changed its rating outlook on Bear Stearns Cos. to negative
from stable, indicating a greater chance of a downgrade over
the next two years, as it warned of problems that could hurt
the firm's performance "for an extended period."
S&P said issues include problems at some of Bear Stearns'
managed hedge funds.
Read more at Reuters.com Bonds News
changed its rating outlook on Bear Stearns Cos. to negative
from stable, indicating a greater chance of a downgrade over
the next two years, as it warned of problems that could hurt
the firm's performance "for an extended period."
S&P said issues include problems at some of Bear Stearns'
managed hedge funds.
Read more at Reuters.com Bonds News
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