Short Take: Standard and Poor's upgrades credit ratings on Dell

Standard & Poor's has raised its senior debt and corporate credit ratings on Dell Computer to BBB+ from BBB, citing the company's "expanded market position" and "strong financial profile." Standard & Poor's also cited industry-wide growth, Dell's expansion into the higher-margin server and workstation markets, and the company's ability to manufacture models at a low cost.

Jan. 2, 2002 4:43 p.m. PT

has raised its senior debt and corporate credit ratings on Dell Computer to BBB+ from BBB, citing the company's "expanded market position" and "strong financial profile." Standard & Poor's also cited industry-wide growth, Dell's expansion into the higher-margin server and workstation markets, and the company's ability to manufacture models at a low cost.