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Waddell & Reed Financial, Inc. -- Moody's downgrades Waddell & Reed Financial's Issuer Rating to Ba1; outlook changed to stable

Moody's Investors Service, ("Moody's") has downgraded Waddell & Reed Financial, Inc.'s (Waddell & Reed) issuer rating to Ba1 from Baa3 and changed the outlook to stable from negative. Moody's ...