St. Jude Medical Announces Second Quarter 2015 Earnings Conference Call
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S&P Raises Outlook on St. Jude Medical (STJ) to Stable
June 29, 2015 4:27 PM EDTStandard & Poor's Ratings Services revised its rating outlook on St. Jude Medical (NYSE: STJ) to stable from negative. We affirmed our 'A' corporate credit and unsecured debt ratings and 'A-1' commercial paper rating.
"The outlook revision reflects our increased confidence that the company will maintain adjusted debt leverage between 1.5x and 2x and our expectation that revenue growth will accelerate modestly within the low- to... More
