Moody's Considers Disney Ratings Upgrade

NEW YORK (AP) – Moody's Investors Service placed several of Walt Disney Co's ratings on review for possible upgrades Thursday, citing strengthening operations and strong credit. The ratings include Walt Disney Co.'s multiple seniority shelf, senior unsecured conversion/exchange bond/debenture, senior unsecured medium-term note program and senior unsecured regular bond/debenture. Each of those items has a "A3" rating. Also on review for possible upgrade is the "P-2" rating for senior unsecured commercial paper. ABC's "A2" rating for senior unsecured regular bond/debenture is also under review. Shares of Disney rose 56 cents to $35.82 on the New York Stock Exchange in afternoon trading.