Moody's Investors Service (NYSE:MCO) lowered its outlook rating for GATX Corporation (NYSE:GMT) from "stable" to "negative" Friday, citing weak expectations from the company's Great Lakes shipping and specialty finance units. Moody's reaffirmed the company's long-term rating of Baa1 and short-term rating of Prime-2, but said that the company could suffer more now than during previous economic downturns, noting GATX's limited ability to make cheap acquisitions, higher borrowing costs and the potential for a slow recovery affecting utilization rates for an extended period.

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