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Commercial Metals (CMC -3.7%) finishes near its lows for the day after Standard & Poor's...
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Friday, August 5, 2011, 4:06 PM ETCommercial Metals (CMC -3.7%) finishes near its lows for the day after Standard & Poor's said late yesterday that it was reviewing the company for a possible downgrade to junk. The ratings agency cited a sluggish market, and also noted concerns over Carl Icahn's growing holdings in the company.
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