S & P said it may raise the credit rating Motorola
YORK September 3 morning news, Standard & Poor's Ratings Services said Thursday that the agency may transfer at Motorola (MOT) credit rating, because, announced plans to split its mobile and set-top boxes department later, Motorola has made its cash position clear expectations.
the agency's credit analyst Lucy - Patrick La (Lucy Patricola) said in a statement: "We had already demonstrated his view that the (Motorola's enterprise mobility services) business has a strong investment-grade rating. Our review of Motorola's credit rating will focus on the company's financial risk issues. "
Standard & Poor's will now Motorola's corporate credit rating" BB + ". Motorola said yesterday that the company plans to its mobile phones and set-top box sector spent 3.5 billion dollars, and in the first quarter of next year, the two departments split into a new company. In the split is completed, the new company will be named Motorola's mobile (Motorola Mobility). (Jin-liang)
