Thursday, July 19, 2007

AT&T's rating outlook now stable, was negative-S&P

(Reuters) - Net free cash flow after capital expenditures and dividends
totaled more than $5 billion in 2006 and about $4.4 billion for
the first quarter of 2007 on an annualized basis, S&P said.




"These levels of discretionary cash flow provide sufficient
cushion to support expected stock repurchases," S&P said.


Read more at Reuters.com Bonds News

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