Ford Motor steps toward investment grade

Newswire

* Moody's says Ford's rating likely to be raised again * Moody's says European financial health is a risk * Ford shares up 29 pct since labor deal reached Oct 28 (Reuters) - Ford Motor Co is within one notch of investment grade credit rating at all three major ratings agencies after Moody's Investors Service upgraded the company on Thursday. Moody's also said the outlook for Ford to be further upgraded is positive. All three ratings agencies upgraded Ford as a credit risk after the ...

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