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S&P raises outlook on RiskMetrics to 'positive'



By AP
12 June 2008 @ 04:02 pm EST

NEW YORK - Standard & Poor's Ratings Services said Thursday that it revised its outlook on RiskMetrics Group Holdings LLC to "positive" from "stable," citing positive operating trends and improved debt leverage.

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S&P also said it affirmed ratings it holds for the company, which provides risk-management and corporate-governance services for the financial markets, including a "B+" corporate credit rating.

RiskMetrics shares rose 87 cents, or 4.6 percent, to $19.99.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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