Friday, June 1, 2012

TEXT-S&P may still cut Pep Boys-Manny Moe & Jack rating

Overview
-- U.S. automotive parts retailer Pep Boys-Manny, Moe & Jack
announced the termination of the merger agreement with The Gores Group.
-- The ratings remain on CreditWatch with negative implications because
we believe there is still a chance for us to lower the rating given that
preliminary first-quarter results were below our expectations.
-- We expect to resolve the CreditWatch listing shortly after the
company's June 7, 2012 earnings release and conference cal

artificial indoor plants silk rose petals for weddings artificial succulents

No comments:

Post a Comment