S&P takes BHP Billiton´s long-term credit rating off CreditWatch

LONDON (ShareCast) – (ShareCast News) – S&P took BHP Billiton(NYSE: BBL – news) ´s long-term credit rating off CreditWatch following moves by the metals miner to tie its dividend policy more closely to conditions in the marketplace and its own operating performance.That, the analysts argued, “materially” increased the firm´s financial flexibility.The ratings agency announced it was reaffirming its rating on the company´s long-term debt at A/A-1