Conglomerates Feeling the Pinch of Global Recession
Diversification will not be enough to shield major industrial conglomerates from the global recession. In a new report, Conglomerates 2009 Outlook: Pick Your Spot, CreditSights notes that despite the intrinsic value of diversity to business risk profiles, the peer group of companies is starting to feel the impact of this global slowdown. “Companies with a less [...]
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