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February 20, 2013
17:06 EDTSWFTMoody's raises Swift Transportation's credit rating to B1 from B2
Swift Transportation announced that Moody's Investor Service has upgraded the company's credit ratings, with the corporate family rating raised to B1 from B2 and the senior secured first lien bank credit facility raised two notches to Ba2 from B1. In their press release, Moody's states, "The ratings upgrade reflects the substantial progress that Swift has made in margin growth, cash flow generation, and deleveraging during a period of stable demand in the truckload segment." Additionally, Moody's raised the rating on Swift's second lien notes to B3 from Caa1 and said the ratings outlook is stable.
News For SWFT From The Last 14 Days
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February 10, 2016
07:11 EDTSWFTBB&T to hold a conference
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February 9, 2016
07:16 EDTSWFTStifel to hold a conference
Transportation and Logistics Conference is being held in Key Biscayne, Florida on February 9-10.
February 4, 2016
11:21 EDTSWFTOptions with increasing call volume; FMC HST XME RIO BHP PAY DNDK BSX ALLY SWFT
February 1, 2016
10:15 EDTSWFTOptions with decreasing implied volatility
Options with decreasing implied volatility: INVN SWFT SNDK AMZN NOW COH VMW CTXS STX

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