S&P lifts Schuff outlook to positive

Standard & Poor's said it revised its outlook on Schuff International to positive from stable.

At the same time, S&P said it affirmed its ratings on the company, including its B- corporate credit rating.

The agency noted that the outlook revision reflects the improvement in the company's recent operating and financial performance.

S&P added that the ratings on Schuff continue to reflect its vulnerable business position as a construction firm operating in cyclical, competitive markets, as well as its limited liquidity and highly leveraged financial profile.

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