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Prospect News home > News index > List of issuers K > Headlines for Kendle International Inc. > News item |
S&P cuts Kendle view to stable
Standard & Poor's said it revised its outlook on Kendle International Inc. to stable from positive and affirmed its existing ratings on the company, including the B+ corporate credit rating.
S&P said that Kendle continues to struggle in the challenging contract research organization environment.
Despite the recent challenges, Kendle's liquidity remains adequate and its leverage has improved, according to the agency.
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