S&P cuts Boeing debt; outlook 'stable' (BA) By August Cole
Standard & Poor's cut Boeing Co. (BA) and Boeing Capital Corp. senior unsecured debt to"A+" from"AA-" and gave it a"stable" outlook rating. Accordingly, Boeing is no longer on S&P's CreditWatch. The move came as S&P looks at the weak commercial aviation market and the uncertainty of an economic recovery. However, the credit ratings agency did acknowledge Boeing's substantial military and space operations. Shares of Boeing, which is the world's largest aerospace company, were last off 33 cents to $40.77.



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