Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Baidu, Inc. > News item |
Moody’s revises Baidu to stable
Moody's Investors Service said it revised the outlook on Baidu Inc.'s A3 issuer and senior unsecured ratings to stable from negative and affirmed the ratings.
"The change to a stable ratings outlook reflects Baidu's stronger level of financial flexibility – driven by the strengthened credit quality of its core search business – which provides a buffer against the financial risks associated with its Financial Services Group," Moody's vice president and senior credit officer Lina Choi said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.