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02.16.2009 3:26 pm

Moody’s smiles on Ameren dividend cut

St. Louis Post-Dispatch

Moody’s Investors Service called Ameren Corp.’s 39 percent dividend cut, announced late Friday, a “conservative, prudent and credit positive action that will conserve cash and support financial coverage metrics.” But the move wasn’t enough to merit a ratings upgrade. Moody’s still…

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