2015-08-05 — wolfstreet.com
``Moody's is ringing alarm bells over a wave of defaults among US oil and gas companies: "The energy price slide continues to create operating and liquidity pressures for the oil and gas sector, which contributed to seven of the 15 defaults recorded and accounts for a large share of companies with low ratings and weak liquidity." And it expected the energy sector "to be a primary driver of defaults over the next year."''
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