Hughes Electronics Ratings Raised

S&P says Hughes' positive CreditWatch status reflects potential ratings upside from News Corp.'s pending acquisition of 34% of the company

On Nov. 25, 2003, Standard & Poor's raised its ratings on Hughes Electronics Corp. (GMH ) and subsidiaries, which are analyzed on a consolidated basis. The corporate credit rating was raised to 'BB from 'B+' and remains on CreditWatch, where it was placed with positive implications on April 25, 2003.

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