Tag Archives: David Epstein

Qantas Moodys the waters as shares sink deeper

New Qantas CEO Alan Joyce knows how to moody the waters to perfection.
Moody’s Investor Services reduced its credit rating today from Baa1 to Baa2, causing the share price to tank by 4.28 % to a record low closing price of $1.675.
In its commentary, the investment and risk rating company said “Qantas’s credit profile has been [...]