APS' Standard and Poor's rating falls

In a meeting on June 15th, APS Chief Financial Officer Don Moya will explain to the board's finance committee, why Standard and Poor's rating "has been revised" AA/Positive to AA/Stable.

According to the ever reliable Wikipedia, "Positive" meant that APS' AA rating was likely to improve.  Apparently, it no longer is.

APS writes, link;

The outlook has been revised from AA/Positive to AA/Stable

They use the words

"has been revised" 

because they sound better than

"fell".

photo Mark Bralley