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Grafico Storico Briggs &Amp; Stratton Co
Grafico Intraday Briggs &Amp; Stratton Co

Briggs & Stratton cut to 'Ba2' on weak opg performance - Moody's

Data: 04/07/2008 @ 13:24
Fonte: TFN
Titolo: Briggs &Amp; Stratton Co (BGG)
Quotazione: 13.51  0.0 (0.00%) @ 14:37
<< Indietro Quotazione Grafico Dati Finanziari
        MUMBAI (Thomson Financial) - Moody's Investors Service cut its ratings on
engine maker Briggs & Stratton Corp. citing its weak operating performance and
neative free cash flow generation and its challenging economic and industry
environment. 
    The outlook is stable.
    The corporate family rating was cut to 'Ba2' from 'Ba1' and the senior
unsecured notes to 'Ba2' from 'Ba1.' 
    BGG's operations are highly cyclical, with Moody's anticipating that the
company's operating performance and credit metrics will vary from year to year
based, in large part, on weather conditions.
TFN.newsdesk@thomson.com
ran

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