Standard & Poor's and Moody's Investors Services lowered their credit ratings of US Airways after that, and additional cuts could come as a result of yesterday's statement.

Both the Standard & Poor's Corporation and Moody's Investors Service lowered the ratings on the company's commercial paper program as a result of the planned debt increase.

Standard & Poor's, the bond-rating house, lowered the state's credit rating by three notches on Thursday, to a status near that of junk bonds.

Standard & Poor's, the rating agency, lowered Cigna's debt ratings on Oct. 1 and said it might reduce the rating further.

Standard & Poor's and Moody's Investors Service lowered the bond ratings, which were already in junk bond territory.

Standard & Poor's, the credit rating agency, lowered its rating on Japan's debt today, citing the country's growing fiscal inflexibility as public spending rises while an economic overhaul remains stalled.

Standard & Poor's, the bond-rating agency, recently lowered the state's bond rating from AA-plus to AA because of the anticipated depletion of the reserve fund and the increase in borrowing.

Last month Standard and Poor's lowered the U.S.'s credit rating outlook, sending a clear message to Washington that we must work together to end out of control spending.

Standard & Poor's on Tuesday lowered its credit ratings for 37 financial companies, including Bank of America, Citigroup and HSBC.

Standard and Poor's also lowered Georgia's sovereign credit rating.