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Fitch boosts outlook for Leucadia ratings

By Associated Press
June 16, 2008 | Comments (0)

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Fitch Ratings said it may upgrade the ratings for Leucadia National Corp., citing its long-term financial position and sound investment decisions.

Fitch raised the company's ratings outlook to 'positive,' which means it could upgrade the rating in the medium term. The outlook had been 'stable.'

Leucadia shares added 41 cents to $50.65 in morning trading.

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