Moody's Reviews Airgas For Possible Upgrade
Stock quotes in this article:
ARG
In announcing its review, Moody's cited "another quarter of relatively strong results" that Moody's said "reflects our expectation that Airgas will continue to perform well despite the very weak macro-economic environment in North America."
The company said its review "will evaluate Airgas' ability to maintain metrics at investment-grade levels despite ongoing acquisition activity," as well as management's plan to refinance debt. Shares of Airgas dipped 49 cents to $42.06 in afternoon trading. The stock has traded in a 52-week range of $26.29 to $65.45.- Loading Comments...
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