NEWS Shares in troubled global carrier Worldcom have fallen 13.5 per cent on news it has been further downgraded by equity analysts. Its debt rating was cut by Moody's Investors Service to junk status, meaning borrowing money becomes much more expensive for the company. Worldcom executives told BBC Online the company was in talks with banks to restructure its loans, due to expire in June.
Worldcom shares slide as ISP is given junk status
All is not well in the garden of Worldcom...
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