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S&P ups Lear Corp credit ratings to investment grade
Monday July 28, 2:03 pm ET

NEW YORK, July 28 (Reuters) - Standard & Poor's Ratings Services boosted the ratings of auto parts supplier Lear Corp. (NYSE:LEA - News) to investment grade status on Monday, citing the firm's solid financial performance despite industry conditions.

It raised ... Lear's ... ratings one notch above junk grade status, to "BBB-minus" from "BB-plus." ...

Good news, I'd say.
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