FCA: shares slightly up after S&P upgrade.
(CercleFinance.com) - Shares in Fiat Chrysler Automobiles rose on Monday after rating agency S&P upgraded the firm's outlook from "stable" to "positive".
S&P Global Ratings also confirmed its rating on FCA's long-term debt at "BB" and confirmed its short-term rating at "B".
Shares in FCA were trading up 0.8% at 13.2 euros in early trading, making it the second highest gainer in Milan's FTSE MIB companies.
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S&P Global Ratings also confirmed its rating on FCA's long-term debt at "BB" and confirmed its short-term rating at "B".
Shares in FCA were trading up 0.8% at 13.2 euros in early trading, making it the second highest gainer in Milan's FTSE MIB companies.
Copyright (c) 2017 CercleFinance.com. All rights reserved.