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Earlier, Series C notes had a rating of B+ while unsecured debt were rated B. However, the ratings agency downgraded its rating on the companys unsecured revolving credit facility to BB- from BB.Additionally last month, Moodys Investor Service, the ratings arm of Moodys Corporation (NYSE:MCO) raised CITs ICRs to B1 from B2.
In its last policymaking meeting in December, the Fed decided to cut back its quantitative easing by US$10 billion a month to US$75 billion. The U.S. central bank is scheduled to hold another meeting at the end of this month.
Gilead then introduced a number of new drugs that rapidly gained market share. Tamiflu, which would gain some notoriety in 2005 when the bird flu pandemic struck, was an influenza treatment.
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The high court relied on lower-court rulings that found rent control does not violate landlords Fifth Amendment rights that say the government cannot appropriate property without just compensation.But the longer the breakeven time the more likely something unexpected will happen. People get married and start families, requiring bigger homes. A job is lost or a new one found.
But even the fast growth of imports probably won't provide enough juice for the country. China has had problems with blackouts for years, and the problem has recently become more pronounced.