Dow Jones Debt Rating Lowered

S&P says it has reassessed the company's business risk to incorporate much more volatility associated with The Wall Street Journal

On Oct. 30, 2002, Standard & Poor's lowered its long-term corporate credit rating for Dow Jones (DJ ) to 'A+' from 'AA-' and its short-term corporate credit and commercial paper ratings to 'A-1' from 'A-1+'. The outlook is negative for this New York, N.Y.-headquartered provider of business news and information. The company had about $100 million of debt outstanding at Sept. 30, 2002.

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