https://www.morningstar.com/news/dow-jones/TDJNDN_201907027585/sp-downgrades-oracle-citing-debt-due-to-buybacks.html
S&P Global Ratings downgraded Oracle Corp. (ORCL) to A+ from AA- as stock buybacks have increased the software company's debt.
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S&P has a negative outlook for Oracle, which "reflects our view that given the lack of clear financial policy guidance," the current stock-buyback pace will continue in fiscal 2020.