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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.

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.