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Friday, October 21, 2011

S&P upgrades Ford debt 2 notches after labor deal

S&P upgrades Ford debt 2 notches after labor deal Ford's credit rating was lifted to within one level of investment grade Friday, making it cheaper for the automaker to borrow, after it secured a new contract with workers. Standard & Poor's Ratings Services raised Ford two levels to "BB+'' from "BB- ... S&P upgrades Ford debt 2 notches after labor deal

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