Berkshire Hathaway's (BRK.A) credit rating is cut to AA with negative outlook from AA+ by...

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

Berkshire Hathaway's (BRK.A) credit rating is cut to AA with negative outlook from AA+ by S&P. "The lower credit rating ... better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income ... only Burlington Northern has provided a significant portion of the total dividends paid from the operating companies to the holding company."