Research Update: Guardian Industries Corp. Outlook Revised To Stable From Negative; 'A' Rating Affirmed, Short-Term  Rating Upgraded - S&P Global Ratings’ Credit Research

Research Update: Guardian Industries Corp. Outlook Revised To Stable From Negative; 'A' Rating Affirmed, Short-Term Rating Upgraded

Research Update: Guardian Industries Corp. Outlook Revised To Stable From Negative; 'A' Rating Affirmed, Short-Term  Rating Upgraded - S&P Global Ratings’ Credit Research
Research Update: Guardian Industries Corp. Outlook Revised To Stable From Negative; 'A' Rating Affirmed, Short-Term Rating Upgraded
Published Sep 28, 2010
6 pages (2393 words) — Published Sep 28, 2010
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Glass manufacturer Guardian Industries' meaningful geographic diversity, higher prices, and a gradually recovering economy have returned the company's credit measures to acceptable levels for the 'A' rating. We are affirming our 'A' long-term corporate credit rating on Guardian Industries, and raising our short-term rating on the company to 'A-1' from 'A-2'. We are revising the company's rating outlook to stable from negative. The stable outlook reflects our expectations that Guardian's credit measures over the next two years will be well within our target ratios for an 'A' rating because of continued good performance in its non-U.S. businesses and a gradual recovery in the U.S. residential and commercial construction markets. On Sept. 28, 2010, Standard&Poor's Ratings Services revised its

  
Brief Excerpt:

... geographic diversity, higher prices, and a gradually recovering economy have returned the company's credit measures to acceptable levels for the 'A' rating....

  
Report Type:

Research Update

Ticker
GUIC
Issuer
GICS
Building Products (20102010)
Sector
Global Issuers
Country
Region
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Guardian Industries Corp. Outlook Revised To Stable From Negative; 'A' Rating Affirmed, Short-Term Rating Upgraded" Sep 28, 2010. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Guardian-Industries-Corp-Outlook-Revised-To-Stable-From-Negative-A-Rating-Affirmed-Short-Term-Rating-Upgraded-1870563>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Guardian Industries Corp. Outlook Revised To Stable From Negative; 'A' Rating Affirmed, Short-Term Rating Upgraded Sep 28, 2010. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Guardian-Industries-Corp-Outlook-Revised-To-Stable-From-Negative-A-Rating-Affirmed-Short-Term-Rating-Upgraded-1870563>
  
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