NEW YORK: Standard & Poors gave Twitters recent US$1.8 billion (RM6.02 billion) debt issue a œspeculative rating of œBB-œ on Thursday, weighing the firms push for acquisitions against likely slow growth in earnings. S&P said the rating, roughly in the middle of the œjunk range, acknowledges expectations of healthy user and income growth at the popular online micro-messaging and social networking service. S&P said it expects Twitter œwill continue to experience very strong growth and not encounter a significant rise in competitive pressure. AFP
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