FX.co ★ S&P calls Twitter speculative

Yesterday, international rating agency Standard & Poor's classified the loan securities of the American service Twitter. The agency gave the security rating of the social network a 'BB-' speculative grade with stable forecast. The S&P's specialists explain such decision by Twitter's active investment policy. According to the release of Standard & Poor's, the company invests much in growth; and it is possible that Twitter may not generate positive discretionary cash flow until 2016. Standard & Poor's considers upgrading the Twitter's rating if the social network aims its efforts at extension of contacts with foreign partners and at capital strengthening by new products and services - these will improve company's profitability.