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S&P: Shaw Group view positive
Standard & Poor's said it revised the outlook on the Shaw Group Inc. to positive from stable and affirmed the BB corporate credit rating.
The outlook revision reflects Shaw's improved cash flow and favorable prospects in its end markets, S&P said.
Ratings reflect the company's aggressive financial risk profile and weak business risk profile, marked by exposure to cyclical end markets, as well as leading market positions in some segments, the agency said.
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