ServiceMaster's Outlook Downgraded

  • ---Shares

Chicago-New York-based credit rating agency Fitch Ratings downgraded the outlook for Downers Grove, Illinois-based ServiceMaster Co. to stable from positive, citing "potentially weaker-than-expected results" for its Terminix pest control and TruGreen lawn care units, its two biggest businesses. Fitch said it was concerned, among other things, that ServiceMaster's marketing costs would rise in the wake of the new, federal "do-not-call" rules that limit telemarketing. -Crain's Chicago Business

Next Article:
This Brand Is Changing How We Shop for B...
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.