S&P: Berkshire outlook to negative amid broad move

Started by Reuters, Aug 08, 2011, 09:02 PM

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Reuters

Aug 08, 2011, 09:02 PM
NEW YORK (Reuters) - Standard & Poor's cut its ratings outlook on Warren Buffett's conglomerate Berkshire Hathaway to "negative" from "stable" on Monday, part of a broad action on 10 insurers linked to last Friday's downgrade of the United States credit rating.

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