S&P ups Whirlpool view to positive

Standard & Poor's said it affirmed the ratings on Whirlpool Corp., including the BBB- corporate credit rating.

The agency said it revised the outlook to positive from stable.

The outlook revision reflects an expectation that profits should remain near current levels even under a scenario of weak sales performance and modestly higher input costs, the agency said, allowing for additional credit measure improvement over the next 12 to 24 months.

The outlook change also assumes that the current fragile macroeconomic environment will not weaken considerably, S&P said.

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