Original article by Madeleine Heffernan
The Australian Financial Review – Page: 21 : 1-Jul-14
Standard & Poor’s has revised the credit rating outlook for Fairfax Media’s "BB+" long-term rating from "negative" to "stable". The ratings agency stated on 30 June 2014 that the media company had developed a "credible" strategy for its earnings over the medium term. The stock closed at $A0.9275 on 30 June 2014. Since the beginning of 2014, it has risen 44.5 per cent
CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, STANDARD AND POOR’S CORPORATION, CREDIT SUISSE AG, 3AW SOUTHERN CROSS RADIO PTY LTD, RSVP.COM.AU PTY LTD, GANNETT COMPANY INCORPORATED