...+ Sharp's cancellation of a planned public offering of common shares and a buyback of preferred shares reduces the likelihood that key financial ratios for the company will improve materially within a year, in our view. + We are revising to stable from positive our outlook on Sharp. + We are affirming our ratings because we maintain our view that Sharp's earnings and cash flows are likely to continue to recover gradually and that key financial ratios for Sharp are likely to keep improving. TOKYO (S&P Global Ratings) July 4, 2018--S&P Global Ratings today said it has revised to stable from positive its outlook on Japan-based electronics maker Sharp Corp. We have affirmed our '##-' long-term issuer credit and senior unsecured issue ratings and the 'B' short-term issuer credit and commercial paper program ratings on the company. At the same time, we have also affirmed our '##-' long-term issuer credit rating and the 'B' short-term issuer credit and commercial paper program ratings on overseas...
