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Rolls-Royce Upbeat on 2012 Performance; S&P Sees Stable Outlook

Last month, S&P's Ratings Services raised its long-term and short-term corporate credit ratings of Rolls-Royce Plc to 'A/A-1' from 'A-/A-2' and said the group's outlook is stable. The rating was upgraded after the strong operating, financial performance and stable cash flow generation by British aerospace group.