The debt has been downgraded, and the stock is worth less than he paid for it.
Analysts swiftly downgraded the sector and even at the end of last month, downgrades outnumbered upgrades.
As of Sunday August 28, 2011, Hurricane Irene was downgraded to Tropical Storm Irene.
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To make matters worse for Gap, a number of agencies have downgraded its shares.
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The debt-rating agency Moody's downgraded Merrill Lynch's debt within minutes after the results were released.
Banc of America Securities' Yaffe recently downgraded Pharmacia two steps, from strong buy to market performer.
Labour leader Ed Miliband has attacked George Osborne for a "downgraded Budget from a downgraded chancellor".
Weinswig also downgraded two other upscale department-store stocks, assigning a Neutral rating to Nordstrom and Saks.
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Some rating agencies mutter that Belgium's debt could be downgraded if the deadlock is not resolved.
In a note this morning Credit Suisse analyst Kim Fustier downgraded Total to underperform.
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The company's debt was downgraded in December, bringing it three notches into junk territory.
And Florida is not Gingrich's South Carolina, downgraded by naysayers as an oversampling of evangelicals.
Some analysts later downgraded the stock, as did CSFB, but not until May 2002.
Among losers, AK Steel (AKS), was downgraded by Goldman Sachs to sell from neutral.
Remember, when someone defaults on a loan, all debt of the issuer gets downgraded.
Defence stocks also fell after a broker downgraded several of the sector's key companies.
Adelphia's debt, already in junk territory, was downgraded another notch in August by Moody's.
Not a single firm downgraded the stock or took their estimates down for the coming quarter.
Still Rauch recently downgraded Elan to 'hold' from 'buy, ' saying not much upside was left.
The markets have been the most unkind, thanks largely to downgraded General Motors and Ford.
If they get downgraded then that profit margin shrinks, certainly, and might even disappear.
Downgraded U.S. debt will likely only increase that hesitancy given the increased uncertainty it creates.
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There are billions of investor dollars at stake--and Tilton's outstanding CLOs have been downgraded.
Moody's Investors Service and Fitch Ratings each downgraded Kodak's debt deeper into junk-bond territory this week.
Gramblng downgraded both Safeway and Kroger to a sell from neutral on July 25, 2011.
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Italy and Spain have both had their credit ratings downgraded by various agencies in recent weeks.
France's finance minister said the government would do "everything in our power not to be downgraded".
Unless equity markets rally strongly, says Fitch, the creditworthiness of life insurers will be further downgraded.
Also, HSBC downgraded its 2012 economic growth forecast for China from 8.4%, to 8.0%.
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Four investment newsletter editors have recently downgraded their recommendations on Toll Brothers, according to Hulbert Interactive.
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