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S&P gives California a positive rating outlook
January 14, 2014 / 8:06 PM / 4 years ago

S&P gives California a positive rating outlook

Jan 14 (Reuters) - Standard & Poor’s Ratings Services on Tuesday revised its outlook on California’s credit ratings to positive from stable, citing the governor’s budget plan.

“The outlook revisions reflect our view that Governor Jerry Brown’s fiscal 2015 budget recommendation would build upon the improvements made to the state’s finances in recent years,” said S&P credit analyst Gabriel Petek in a statement.

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