Yahoo’s Credit Rating May Be Raised

Yahoo Inc.’s credit rating may be raised because the company made acquisitions that reduce the risk that it will lose key suppliers, Standard & Poor’s Ratings Services said.

Standard & Poor’s said it raised its outlook on Yahoo’s $750 million in zero-coupon convertible bonds due 2008 to “positive” from “stable.”

Sunnyvale, Calif.-based Yahoo bought search-engine developers Overture Services Inc. and Inktomi Corp. last year. Yahoo shares fell $1.21 to $45.49 on Nasdaq.