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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (18989)1/24/2012 12:40:34 PM
From: Sr K  Respond to of 19079
 
S&P Puts Oracle Credit Ratings On Watch For Possible Upgrade

01/24 12:08 PM

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DOW JONES NEWSWIRES

Standard & Poor's Ratings Services placed Oracle Corp.'s (ORCL) investment- grade credit rating on watch for a possible one-notch upgrade, pointing to the business-software company's strong liquidity and robust free cash flow generation.

Oracle currently has a corporate credit rating of A, five notches into investment grade.

S&P said Oracle has the financial flexibility to finance ongoing acquisitions, cash dividends and share repurchases without materially weakening its financial profile.

"We believe one of Oracle's key competitive strengths is its successful integration of strategic acquisitions," said S&P credit analyst Philip Schrank.

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