BellSouth blocks Sprint hire
Sprint says it's commited to hiring Gary Forsee as chief executive officer despite a temporary restraining order obtained by his current employer to prevent it.
REPTRON DOWNGRADED TO "D': Standard & Poor's downgraded Reptron Electronics' credit rating Monday in the wake of last week's bond default. The ratings service dropped the Tampa electronics company from a "B-" to a "D," indicating that it is in default on its debt. Reptron failed to make an interest payment to bondholders and is attempting to restructure its debt. Low credit ratings make it more difficult and more expensive for a company to borrow money.
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