S&P Downgrades Outlook for RR Donnelley from Stable to Negative
December 5, 2011
Standard & Poor’s (S&P) Ratings Services has downgraded its outlook on publisher RR Donnelley (RRD) from “stable” to “negative.” Although RRD stills holds a long-term corporate credit rating of BB+, S&P feels that RRD may face decline in the future due to “weak economic conditions, negative trends in print media and the risk of intensifying industry pricing pressure.”
For more information, check out Publishing Executive’s article, S&P Downgrades RR Donnelley Outlook.
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