|
|
 |
|
Viewing report
|
|
|
|
BMC Software Inc. 'BBB' Corporate Credit Rating Affirmed; Outlook Revised To Positive Jun 09
Standard & Poors, June 2009
Abstract
-- Software solutions provider BMC's earnings mix could continue to improve as the company leverages the faster growing distributed systems segment and reduces its reliance on its more mature but dependable mainframe business. -- The recent acquisition of BladeLogic solidifies BMC's portfolio offerings in service automation solutions. -- We are affirming the 'BBB' corporate credit rating on the company and revising the outlook to positive. -- The positive outlook reflects BMC's good performance in the face of very competitive industry conditions despite a weak economic environment, along with modest debt and ample liquidity. NEW YORK (Standard & Poor's) June 26, 2009--Standard & Poor's Ratings Services said today it affirmed its 'BBB' corporate credit and senior unsecured ratings on Houston-based BMC...
Companies mentioned in this report are: BMC Software Inc.
Action: Affirmed
Action: Outlook: Positive
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
