S&P places Exide Technologies (XIDE) on creditwatch negative due to increasing uncertainty...

|About: Exide Technologies (XIDEQ)|By:, SA News Editor

S&P places Exide Technologies (XIDE) on creditwatch negative due to increasing uncertainty over the company's financial flexibility. The ratings agency views XIDE's liquidity position as "less than adequate" given recent indications of a weaker standing in credit markets and high leverage.