The Virginian-Pilot
THE LEDGER-STAR
SERVING SOUTHEASTERN VIRGINIA AND NORTHEASTERN NORTH CAROLINA
: Wednesday, February 5, 1997
NORFOLK-BASED FORMS COMPANY SOLD
CORRECTION/CLARIFICATION: ***************************************************************** Correction If Norfolk Southern Corp. is able to buy Conrail Inc., Standard & Poor's said that ``the current $10 billion level of Norfolk Southern's debt financed bid increases the chance of a noninvestment grade rating for a combined Norfolk Southern-Conrail entity.'' In a Feb. 5 story about Moody's Investor Service and S&P downgrading Norfolk Southern's long-term debt, the likelihood of such a rating was misrepresented. The former grade of Norfolk Southern's debt also was not ``top'' as the story indicated, but the debt was graded double-A, or just under the top rating. It still maintains the highest debt rating in the railroad industry. Correction published , Friday, February 7, 1997, Business section, p.D3 ***************************************************************** NORFOLK SOUTHERN LOSES TOP DEBT RATING A LOWER MOODY'S RATING WILL AFFECT NEW LONG-TERM DEBT.
THE NORFOLK WEEKLY REGISTER FORCED TO CLOSE OVER FINANCES
DIGEST
NVIEW POSTS RECORD QUARTER SALES TOTAL
CARMAX GAINS IN FIRST DAY OF TRADING
DAILY DIGEST
JEFFERSON'S VIRGINIA STATE BANKS ON BURNS' FILM DRAWING TOURISTS
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