Priceline.com Inc. Outlook Revised To Positive On Expected Continued Strong Performance - S&P Global Ratings’ Credit Research

Priceline.com Inc. Outlook Revised To Positive On Expected Continued Strong Performance

Priceline.com Inc. Outlook Revised To Positive On Expected Continued Strong Performance - S&P Global Ratings’ Credit Research
Priceline.com Inc. Outlook Revised To Positive On Expected Continued Strong Performance
Published Aug 12, 2011
999 words — Published Aug 12, 2011
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About This Report

  
Abstract:

U.S. online travel agency Priceline.com's growth continues to outpace the overall travel market. We are revising our rating outlook on the company to positive from stable based on our reassessment of its competition position. We are affirming our 'BBB-' corporate credit rating on the company. The positive rating outlook reflects our expectation that the company's strong performance will continue over the intermediate term, despite global economic uncertainty, and that its financial policy will remain conservative. CHICAGO (Standard&Poor's) Aug. 12, 2011--Standard&Poor's Ratings Services said today that it revised its outlook on Norwalk, Conn.-based Priceline.com Inc. to positive from stable. We affirmed our existing ratings, including our 'BBB-' corporate credit rating. "The outlook revision to positive is based

  
Brief Excerpt:

RESEARCH Priceline.com Inc. Outlook Revised To Positive On Expected Continued Strong Performance Publication date: 12-Aug-2011 Primary Credit Analyst: Andy Liu, CFA, Chicago (1) 312-233-7052; andy_liu@standardandpoors.com Secondary...

  
Report Type:

Ratings Action

Ticker
PCLN
Issuer
GICS
Hotels, Resorts & Cruise Lines (25301020)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Priceline.com Inc. Outlook Revised To Positive On Expected Continued Strong Performance" Aug 12, 2011. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Priceline-com-Inc-Outlook-Revised-To-Positive-On-Expected-Continued-Strong-Performance-884704>
  
APA:
S&P Global Ratings’ Credit Research. (). Priceline.com Inc. Outlook Revised To Positive On Expected Continued Strong Performance Aug 12, 2011. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Priceline-com-Inc-Outlook-Revised-To-Positive-On-Expected-Continued-Strong-Performance-884704>
  
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