Moody's upgrades credit rating on Life Technologies by 1 notch, to investment grade
NEW YORK (AP) -- Moody's Investors Service raised its credit rating for Life Technologies Corp. on Tuesday to investment grade.
Moody's raised its rating on $2.3 billion of the life science and medical research instrument maker's debt to Baa3 from Ba1, which was speculative, or "junk," status. It changed its outlook for Life Technologies' rating from positive to stable.
Moody's said the Carlsbad, Calif., company has reported stable operating performance and reduced its debt over the years, and it may become more aggressive with acquisitions and stock repurchases.
Life Technologies shares declined 76 cents to close Tuesday at $45.65 and lost another 13 cents after hours.
The company was formed through the combination of Invitrogen Corp. and Applied Biosystems Inc. in November 2008.
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chicago hoe??? Actually your wife responded to my add, I buried it so deep into her she was gasping for air you parasitic, pathetic, New York piece of poop.
How's your Chicago hoe search coming? You should ask the wife to join in on the fun.
you pathetic piece of poop, you should be arrested for impersonating a human being.I bet your mother (whatever his name is) wishes she had used a condom.
George Zimmerman could face life in prison for the killing of Trayvon Martin... there are consequences for your coke snorting...
bs/bw,
So what is the best quality snorting coke you buy?
Tell us about something you are truly an expert in.
more blabbering nonsense............you don't have a clue whats going on and never will.
Boy you sure are the pot calling the kettle black.
You seem sincerely worried that Roche will pull the plug. I would be worried too if I were you.