TEXT-S&P afms ArvinMeritor at 'CCC+', otlk positive


(The following statement was released by the rating agency) Nov 25 - Standard & Poor's Ratings Services today revised its outlook on ArvinMeritor Inc. to positive from negative, and affirmed the ratings on the company, including the 'CCC+' corporate credit rating. "The outlook revision reflects our view that the company's liquidity position has improved, partly because of recent asset sales," said Standard & Poor's credit analyst Lawrence Orlowski. "We believe the potential now ...

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