Moody's strips France of AAA-rating with one-notch cut
Posted on November 19, 2012 at 19:31 PM EST
PARIS/NEW YORK (Reuters) - Moody's stripped France of its prized triple-A badge on Monday, cutting the sovereign credit rating on Europe's No. 2 economy by one notch to Aa1 from Aaa, citing an uncertain fiscal outlook and deteriorating economy.