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People & Business :: Companies
S&P Changes DuPont Outlook to Stable
9:48 AM MDT | April 16, 2010 | Vincent Valk
Standard & Poor's (S&P; New York), the credit ratings agency, upgraded DuPont's outlook to stable from negative, citing the improving global economy. The agency affirmed DuPont's investment-grade credit ratings. Economic improvement will likely lead to stronger earnings for DuPont and a "gradual reduction in debt," S&P says. "We believe that economic conditions and financial policies will cause credit metrics to move into and remain within the range we consider acceptable for the ratings, including funds from operations to adjusted net...
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