(ADPnews) - Sep 21, 2009 - S&P said on Friday it placed on "positive" credit watch its CCC corporate credit rating and other ratings on US handheld devices maker Palm Inc (NASDAQ:PALM).
The listing, meaning the ratings could be either affirmed or upgraded, follows the company's plans to sell around USD 231 million (EUR 157m) in new common stock. If successful, the move would bolster the …
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