Daily roundup / Elbit Imaging hit with 6-notch downgrade
Modiin Energy's deep sea financial plunge; Teva breathes with lowered expectations; time is up for Elsztain to take bigger bite of Ganden.
Elbit Imaging in danger of default, warns Maalot: S&P Maalot slashed Elbit Imaging's credit rating by six whole notches downgraded on Thursday, from BBB (not bad) to B (speculative). Barring meaningful developments, warn the credit rating agency's analysts, they see a reasonable probability that Elbit Imaging could default as soon as 2013, i.e., not meet all its liabilities in...
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