S&P ups Wendy's to stable.

Standard & Poor's said that it revised the outlook on Wendy's/Arby's Group Inc. to stable from negative and affirmed all ratings on the company, including the B+ corporate credit rating.

The outlook revision reflects the view that credit measures should stabilize in line with the B+ rating as benefits from the company's menu initiatives and debt reduction should offset modest earnings softness resulting from food cost inflation, the agency said.

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