Moody’s Upgrades Century Aluminum on Cash, Profit

- May 11th, 2011

MSNBC reports that on Wednesday, Moody’s Investors Service raised Century Aluminum Co.’s debt ratings.

MSNBC reports that on Wednesday, Moody’s Investors Service raised Century Aluminum Co.’s debt ratings.

The market news is quoted as saying:

Century has been helped by cash balances, improved financial performance and expectations for good results at a smelter in Iceland and profits at Kentucky and South Carolina operations, Moody’s said. It said Century has been willing to restructure operations to cope with economic downturns.

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