TEXT-S&P raises Johnson Controls corp credit ratings


(The following statement was released by the rating agency) NEW YORK, Jan 28 - Standard & Poor's Ratings Services said today it raised its long-term corporate credit rating on Milwaukee, Wis.-based Johnson Controls Inc. to 'A' from 'A-' and the short-term corporate credit rating on the company to 'A-1' from 'A-2', reflecting its solid financial profile and strong operating performance during the past two years despite difficult industry conditions. The outlook is stable. The company ...

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