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Conference 7.286::digital

Title:	The Digital way of working

Moderator:	QUARK::LIONELON

Created:	Fri Feb 14 1986
Last Modified:	Fri Jun 06 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	5321
Total number of notes:	139771

3839.0. "S&P ups DEC" by CAPNET::ROSCH () Fri Apr 28 1995 21:17

S&P UPGRADES DIGITAL EQUIPMENT OUTLOOK
Maynard, Mass.-April 28-FWN1/4UPI--STANDARD & POOR'S credit-rating 
service upgraded today its outlook on Digital Equipment Corp. to 
positive from negative and affirmed ratings on $1.5 billion of Digital's 
debt.  
S&P said the revision reflects Digital's continuing progress in 
executing its restructuring plan and the expectation Digital can 
maintain recent performance trends.  
Digital stock was off 12.5 cents to $46 a share on the New York Stock 
Exchange today. databases run faster than any other computer, with 
fourth-quarter sales topping $100 million.  
S&P affirmed today its ratings on Digital's senior debt at 
double-B-minus and preferred stock at single-B.  
End of Report

T.R	Title	User	Date	Lines
3839.1	UP but still junk?	IVOSS1::VILLALOBO_GI	`Sun Apr 30 1995 03:31`	1
	Isn't BB anything junk? I believe, BBB is the lowest investment grade.
3839.2	One investor's junk is...	SOLVIT::CARLTON	`Mon May 01 1995 14:15`	2
	-.1, Yes, below BBB = junk or "below investment grade" as the pudits say...