Date: May 4, 2005
Source: News Room
Standard & Poor's (www.standardandpoors.com) has changed its outlook on Republic Services Inc. (www.republicservices.com) to "stable" from "positive." The change was made as a result of the company's more aggressive financial policy, which includes a $500 million stock repurchase program over 2005 and 2006. The company's corporate rating is now BBB-plus, the third-lowest investment grade rating.
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