Fitch Raises Kerr-McGee's IDR to 'BB-'; Revises Outlook to Positive.

Business Wire (November 18, 2005)

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Headnotes:

Business
Business, general
Petroleum industry
Market trend/market analysis
Credit ratings
Finance
Securities
Company securities
Company financing
Forecasts and trends

Extract:

Fitch Raises Kerr-McGee's IDR to 'BB-'; Revises Outlook to Positive.

CHICAGO -- Fitch Ratings has revised the rating outlook on the debt of Kerr-McGee Corporation to Positive from Stable and raised the company's issuer default rating (IDR) to 'BB-' from 'B'. Fitch also affirms the compa...

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Fitch Raises Kerr-McGee's IDR to 'BB-'; Revises Outlook to Positive.

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