With interest rates this low and the economy this bad, you want some fizzle in your portfolio without a lot of credit risk.
| S&P raises rating on Coca-Cola to AA- from A+ | |
| Standard & Poor’s Ratings Services raised its ratings on Coca-Cola including its long-term corporate credit and senior unsecured debt ratings to ‘AA-‘ from ‘A+’, noting that the outlook is stable. The upgrade reflects Coke’s continued strong global operating performance and financial profile amid weak global economic conditions and following its sizable acquisition of Coca-Cola Enterprises Inc.’s North American bottling operations in 2010,” said Standard & Poor’s. :theflyonthewall.com | |