S&P: ServiceMaster outlook stable

Standard & Poor's said it revised its outlook on ServiceMaster Co. to stable from negative and affirmed its ratings, including the B corporate credit rating.

The agency said the outlook revision reflects ServiceMaster's improved profitability since its July 2007 leveraged buyout and S&P's expectation that the company will continue to maintain adequate liquidity and margins at or above current levels.

This is despite S&P's expectation that sales will remain under some pressure due to the very challenging operating environment and weaker consumer spending.

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