28.01.2014 18:57:00
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Moody's: Tech companies' cash growing, but ratings at risk if debt goes higher
New York, January 28, 2014 -- US technology companies' growing overseas cash holdings represent an emerging credit challenge, Moody's Investors Services says in a new report, "Overseas Cash Mounts, but if Debt Rises, Ratings Pressure Could Develop." The expanding chorus of calls for more aggressive shareholder returns has set the stage for potential rating downgrades.