S&P Boosts Ratings For Harley-Davidson

(AP)  NEW YORK — Standard & Poor's Ratings Services on Wednesday raised its investment grade long-term corporate credit and senior unsecured ratings for Harley-Davidson Inc. to "BBB+" from "BBB," citing the company's 11 percent jump in motorcycle shipments.
       The ratings service also affirmed the Milwaukee-based company's "A-2" short-term rating. Harley's ratings are no longer under review for possible upgrade and the outlook is stable.
       On Tuesday, Harley said its worldwide shipments rose 11 percent in 2011, marking its first year-over-year increase after four years of declines.
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