S&P affirms Motorola, view up to positive

Standard & Poor's said it affirmed it BBB+ corporate credit rating and other ratings on Motorola Inc.

The outlook is revised to positive from stable, reflecting generally improving profitability trends, benefiting from the company's refreshed cell phone product line.

The ratings continue to reflect the company's good positions in that market and other related industries, strong balance sheet and good cash-flow-generating capacity, S&P said, noting that these are somewhat offset by its moderate degree of business diversity, the challenges of rapid technology evolution and aggressive market conditions.

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