West New York's notes lowered to 'BBB-', placed on negative watch - S&P

finanznachrichten.de     Apr 21, 2008            

MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it lowered its rating on West New York, N.J.'s GO debt to 'BBB-' from 'BBB' ... ... MUMBAI (Thomson Financial) - Standard&Poor's Ratings Services said it lowered its rating on West New York, N.J.'s GO... [read full story]                    

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S&P upgrades Xerox to 'BBB'; outlook stable

marketwatch.com     Apr 21, 2008          

SAN FRANCISCO (MarketWatch) -- Standard & Poor's Ratings Services said Monday it upgraded Xerox Corp.'s corporate credit rating to BBB from BBB-. The ratings hike is due to the company's pending securities lawsuit settlement, which removes a material financial uncertainty, and strong annual free...                    

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S&P raises Xerox ratings to "BBB" after lawsuit settlement

ibtimes.com     Apr 21, 2008          

Standard & Poor's Ratings Services said Monday it raised Xerox Corp.'s corporate credit rating after the office equipment maker said it would take a hefty charge to settle a securities lawsuit dating back to 2000. ... S&P raised the investment-grade ratings to "BBB" from...                    

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Settle Your Suit, Win an S&P Upgrade

cfo.com     Apr 22, 2008          

Rating on Xerox's credit is boosted after it wins court approval to end an 8-year-old investor action charging accounting fraud. ... The company took an after-tax first-quarter charge of $491 million, or 54 cents per share, to cover the settlement and to reserve for...                    

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