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Fitch Raises Boston Scientifics Rating Outlook to Positive
Boston Scientific, 05/20/09
Boston Scientific Corporation announced that Fitch Ratings has raised the Company's rating outlook to positive from stable, while affirming the Company's corporate credit rating at BB+. The success the Company has had in stabilizing its drug-eluting stent business and returning its cardiac rhythm management business to growth, which has included the launch of a number of new DES and CRM products. Fitch noted that the Company's other businesses have been performing well.
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