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Sirius XM Receives More Upgrades After Historic Quarter, S & P Credit Outlook Positive

November 18, 2009 By: king1 Category: SIRI

By Relmor Demitrius -

As expected by readers of kingofalltrades.com, and as our own Rick King forecasted after Sirius XM Radio’s latest quarterly report, the upgrades and positive news just keeps coming.  S & P has now raised Sirius XM’s credit outlook from Stable to Positive.  They maintain a hold on their B- Corporate rating, keeping them still on the verge of being removed from speculation grade, and entering the world of investment grade status.  Since their outlook is now positive, this means you can expect a credit upgrade from S & P within 3 months to one years time.

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