Post Tagged with: "Credit Rating"

Nokia’s Credit Rating Downgraded to Junk

Nokia’s Credit Rating Downgraded to Junk

After the of announcing that it will be reducing it’s staff up to 10, 000 by 2013 to combat massive losses, Nokia Corp. is hit once again as its credit rating was downgraded to junk by  Moody’s Investors Service last Friday, due to worries of its cash position and slow sales of its new lineups of [...]