Moody’s Upgrades Century Aluminum on Cash, Profit

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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