Moody’s cuts Prudential’s outlook to negative

Moody’s cuts Prudential’s outlook to negative November 21st, 2008 SAN FRANCISCO (MarketWatch) — Moody’s Investors Service on Friday affirmed Prudential Financial Inc.’s senior debt rating of A3 but lowered its outlook to negative from stable. The change reflects the pressures on its profitability and capital adequacy from depressed equity markets and investment losses as well as diminished financial flexibility and liquidity at its holding company, Moody’s said. Market Pulse Stories are Ra


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