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Lu Wang and Sonja Elmquist, Bloomberg
Alcoa junk downgrade is rare trauma for Dow stocks
Lu Wang and Sonja Elmquist, Bloomberg
June 5, 2013
Alcoa Inc.’s speculative-grade credit ranking at Moody’s Investors Service makes it only the second junk-rated Dow Jones Industrial Average company in at least three decades. It took four years for the first to be ejected.
