Only 2 companies left with a AAA credit rating

28 April 2016

 

Falling global oil prices have seen the largest US oil producer, Exxon Mobil, lose its coveted AAA credit rating – a rating it has held since 1930. Standard & Poor’s now rates the company AA+, the same level as the US government. The rating cut is not that much of a surprise as S&P had placed the company on notice in February but the company had been working hard behind...

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