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S&P raises BlackRock ratings outlook to stableSAN FRANCISCO (MarketWatch) -- Standard & Poor's said Friday it raised the ratings outlook on BlackRock Inc. to stable from negative. S&P has A+ long-term counterparty credit and senior unsecured debt ratings on BlackRock. "The outlook revision principally reflects the pay-down in short-term borrowings during the first half of 2010," said Charles Rauch, an S&P credit analyst, in a statement ...
2010-07-16 - Market Watch