Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers U > Headlines for United Parcel Service Inc. (UPS) > News item |
S&P changes UPS to stable
Standard & said it affirmed its ratings, including the A+ corporate credit rating, on United Parcel Service Inc.
The outlook was revised to stable from negative.
S&P said the outlook revision reflects its belief that UPS' favorable operating outlook and strong cash generation will enable management to continue rewarding shareholders through increased dividends and sizeable share repurchases while still achieving credit metrics supportive of current ratings.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.