Date: January 18, 2007
Source: Moody's Investors Service
Citing strong revenue growth and positive free cash flow, Moody's Investors Service revised its outlook on Allied Waste Industries to positive from stable. A positive outlook means Moody's is likely to raise Allied's ratings in the next 12 to 18 months. "The improvement in outlook reflects continuing strength in the industry as a whole and the company's own pricing initiatives in driving enhanced revenue growth," Moody's said in a release.
For more information, visit: www.moodys.com.
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