Woolies Woes Continue After Horror Half Year Results

 In Australia, NewZealand, Woolworths

New Woolworths CEO Brad Banducci has barely managed to get his feet under the desk but the company he is now running has today been thrown a rating downgrade from Moody’s.
The ratings agency downgraded Woolworths’ issuer rating and senior unseccured notes to Baa2 from Baa1, and kept its negative outlook. The Daily Telegraph – Read more…

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