New York, July 08, 2014 -- The number of companies on Moody's B3 Negative and Lower Corporate Ratings List increased slightly for the three months ending 1 June, as it recorded its third consecutive quarterly increase, Moody's says in the report "Moody's B3 Negative and Lower Corporate Ratings List: Upticks Aside, Conditions Remain Benign." However, most indicators continue to support the view that default rates will remain low in 2014, according to Moody's.

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