Hughes downgrade reflects market jitters

September 1999
Multichannel News;09/27/99, Vol. 20 Issue 40, p37
Reports that Hughes Electronics Corp.'s senior long-term commercial-paper ratings was put on review for a possible downgrade by Moody's Investors Service Inc. Reflection of Wall Street's sudden concerns over direct satellite stocks; Decrease in stock prices of other leading direct broadcast service companies.


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