Amazon.com Corporate Credit Rating Raised To 'A', Outlook Stable

Global e-commerce retailer Amazon.com's has performed strongly in a generally difficult retail environment. The company continues to maintain above-average credit ratios as a result of very solid operational performance. We are raising our corporate credit rating on Amazon to 'A' from 'A-'. The stable rating outlook reflects our expectations for continued strong momentum in performance and for credit metrics to remain above average. NEW YORK (Standard&Poor's) Feb. 23, 2011--Standard&Poor's Ratings Services said today that it raised its corporate credit rating on Seattle-based Amazon.com to 'A' from 'A-'. The outlook is stable. "The upgrade reflects the company's strong performance during the recession, a weak retail environment and increased investment in its business while maintaining already above-average credit

...+ Global e-commerce retailer Amazon.com's has performed strongly in a generally difficult retail environment. + The company continues to maintain above-average credit ratios as a result of very solid operational performance. + We are raising our corporate credit rating on Amazon to 'A' from 'A-'. + The stable rating outlook reflects our expectations for continued strong momentum in performance and for credit metrics to remain above average. NEW YORK (Standard & Poor's) Feb. 23, 2011--Standard & Poor's Ratings Services said today that it raised its corporate credit rating on Seattle-based Amazon.com to 'A' from 'A-'. The outlook is stable. "The upgrade reflects the company's strong performance during the recession, a weak retail environment and increased investment in its business while maintaining already above-average credit protection profile," said Standard & Poor's credit analyst Jayne Ross, "as well as conservative financial policies." "The investment-grade rating on Amazon, one of...

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