S&P Warns It May Downgrade Amazon

  Source: Zero Hedge   Unlike Apple, Amazon does not have a quarter trillion in (mostly offshore held) cash. Which means, it will issue debt to fund the Whole Foods purchase. Which means its leverage will rise above 1x. Which means S&P just warned of a downgrade of Amazon’s AA- rating. From S&P: Amazon.com Inc. … Continue reading S&P Warns It May Downgrade Amazon