S&P Lifts Plum Creek Ratings On Steady Financial Performance

Posted By on April 29, 2011

Standard & Poor’s Ratings Services lifted its investment-grade ratings on Plum Creek Timber Co. (PCL), saying the timber company’s financial performance through the extended housing downturn has been relatively steady.

The ratings agency raised the company’s ratings by one notch to BBB, placing Plum Creek two levels above junk …

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