Moody's downgrades Nokia debt

AFP - ‎Jul 27, 2011‎
HELSINKI â€" Moody's rating agency downgraded long-term debt issued by mobile-telephone maker Nokia by two notches on Wednesday, citing a severe weakening of the group's market position. Moody's also said that it was giving the new rating a negative ...

Nokia Debt Cut to Two Grades Above Junk by Moody's With Negative Outlook

Bloomberg - Diana ben-Aaron - ‎Jul 27, 2011‎
July 22 (Bloomberg) -- Michael Clendenin, managing director at research company RedTech Advisors in Shanghai, talks about the outlook for Nokia Oyj. The Finnish company's dominance in China, ...

Nokia's Debt Rating Is Lowered by Two Steps at Moody's

San Francisco Chronicle - ‎Jul 27, 2011‎
July 27 (Bloomberg) -- Nokia Oyj, the world's biggest maker of mobile phones, had its debt rating cut by Moody's Investors Service, which cited "a severe weakening" of the Finnish company's market position. The senior debt rating was reduced by two ...

Nokia gets a rating downgrade as dominance wanes

Newsday (subscription) - ‎Jul 27, 2011‎
News Newsday > News Content Preview Newsday/Optimum Online ® subscribers click here for full access Not a Newsday or Optimum Online ® subscriber? Click here Nokia gets a rating downgrade as dominance wanes Published: July 27, 2011 6:12 AM By The ...

Moody's Downgrades Nokia Citing Weaker Market Position

Wall Street Journal - Gustav Sandstrom, Arild Moen - ‎Jul 27, 2011‎
(Adds analyst comments in 12th to 14th paragraphs, background information in 5th paragraph and updates the share price.) HELSINKI (Dow Jones) --Ratings agency Moody's Investors Service Wednesday downgraded Nokia Corp. ...

Moody's cuts Nokia rating by 2 notches

Reuters - Tarmo Virki, Erica Billingham - ‎Jul 27, 2011‎
HELSINKI, July 27 (Reuters) - US ratings agency Moody's cut its credit rating on bonds of struggling Finnish phone maker Nokia Oyj by two notches on Wednesday and said the outlook on the rating was still negative. A spokesman for Nokia said the rating ...

Moody's cuts to Baa2 rating on Nokia

TMC Net - ‎Jul 28, 2011‎
Jul 28, 2011 (M2 EQUITYBITES via COMTEX) -- 28 July 2011 - Moody's downgraded on Wednesday its senior debt ratings on Finnish mobile phone maker Nokia Oyj (HEL: NOK1V) to Baa2 from A3 and confirmed the short-term debt ratings at P-2. ...

Moody's cuts Nokia's debt rating to two steps above junk

ITworld.com - Chris Nerney - ‎Jul 27, 2011‎
Moody's Investors Service announced Wednesday that it has downgraded mobile phone maker Nokia's debt rating by two steps, or halfway to junk status. The Finnish company's senior debt rating was bumped down from A3 ...

Moody's Downgrades Nokia

Wireless Week - Andrew Berg - ‎Jul 27, 2011‎
Moody's Investors Service today downgraded the senior debt ratings of Nokia to Baa2 from triple-A. Moody's also affirmed Nokia's ratings for short-term debt at P-2. All ratings have a negative outlook. ...

Nokia debt rating cut again as turnaround pressure mounts

FierceWireless - Phil Goldstein - ‎Jul 27, 2011‎
If mobile gaming is a multi-billion dollar industry, then how are developers making money from free apps? With the first half the year now in the books, let's take a look back at the absolute worst of the worst. Nokia's (NYSE:NOK) comeback took another ...

Moody's cuts Nokia debt ratings 2 notches

Bizjournals.com - ‎Jul 27, 2011‎
Nokia Corp. 's debt rating was lowered two notches Wednesday by Moody's Investor Services Inc. The Wall Street Journal reported the rating agency's move puts more pressure on the struggling Sweden-based maker of mobile phone that is trying to realign ...

Nokia downgraded by Moody's

YLE News - ‎Jul 27, 2011‎
US ratings agency Moody's cut its credit rating on bonds of Finnish phone maker Nokia by two notches on Wednesday and said the outlook on the rating was still negative. Moody's is the third ratings agency to cut Nokia's credit rating, after Fitch and ...

Amazon's Earnings Pop; Nokia's Decline

TheStreet.com - Olivia Oran - ‎Jul 27, 2011‎
The e-commerce giant earned 41 cents a share on revenue of $9.91 billion. Analysts were expecting Amazon to report a second-quarter profit of 35 cents a share, compared with 45 cents in the year-ago quarter. ...

As Smartphone Market Grows, Nokia Suffers

Portfolio.com (blog) - ‎Jul 27, 2011‎
There are estimated to be 420 million smartphone sales this year, which is great for handset makers. Unless you're Nokia. The Finnish giant had its credit downgraded by Moody's today, falling from a reasonable A3 to a sad Baa2 with a negative outlook. ...

Moody's cuts Nokia's credit rating two notches

CITY A.M. - Alison Lock - ‎Jul 27, 2011‎
Moody's has re-rated Nokia from A3 to Baa2, the second-lowest investment grade rating, and is keeping its outlook negative, it said. It is the third agency to cut Nokia's rating, after its rivals Fitch and Standard & Poor's cut it last month. ...

Moody's downgrades Nokia on loss of market leading position

Creditflux (registration) - ‎Jul 27, 2011‎
Moody's has today downgraded Nokia from A3 to Baa2 reflecting a severe weakening of the company's business position from a previous position of clear market leadership. Moody's says this deterioration has been caused by a loss of competitiveness of ...

Nokia's debt rating cut by Moody's

Forex Pros - ‎Jul 27, 2011‎
The world's biggest maker of mobile phones, Nokia Oyj, had its debt rating cut by Moody's rating agency by two steps, as it realized a severe weakening of the Finnish company's market position. The rating was reduced to Baa2 which is thesecond- lowest ...

Moody's downgrades Nokia but says it could be over the worst

Total Telecom - ‎Jul 27, 2011‎
By Mary Lennighan, Total Telecom Finnish vendor given Baa2 rating; will need to demonstrate success of Windows product line to avoid further downgrade. Moody's on Wednesday downgraded Nokia to a Baa2 rating from A3 on the back of its weakened position ...

Moody's Downgrades Nokia To Baa2 - Quick Facts

RTT News - ‎Jul 27, 2011‎
(RTTNews) - Moody's Investors Service said it has downgraded the senior debt ratings of Nokia Oyj (NOK: News ) to Baa2 from A3. Concurrently, Moody's has affirmed Nokia's ratings for short-term debt at P-2. All ratings have a negative outlook. ...

Moody's downgrades mobile phone maker Nokia

The Australian - Gustav Sandstrom, Arild Moen - ‎Jul 27, 2011‎
MOODY'S Investor Service has downgraded Nokia's debt rating two notches, heaping more pressure on the troubled mobile phone maker as it struggles to realign its business strategy and regain traction in the lucrative smartphone business. ...

Moody's downgrades Nokia's credit rating amid concerns over its smartphones

CanadianBusiness.com - Jari Tanner - ‎Jul 27, 2011‎
HELSINKI - Nokia's credit rating was downgraded Wednesday as the world's largest producer of mobile phones sees its competitive position in the smart phone segment deteriorate. Moody's Investors Service said it has ...

Moody's downgrades Nokia rating as dominance wanes

Economic Times - ‎Jul 27, 2011‎
HELSINKI: Nokia's credit rating was downgraded by Moody's as the world's largest producer of mobile phones sees its competitive position in thesmart phone segment deteriorate. Moody's Investors Service said it has downgraded the Finnish phonemaker's ...

Moody's Downgrades Nokia

Wall Street Journal - Gustav Sandstrom, Arild Moen - ‎Jul 27, 2011‎
Moody's Investor Service Inc. Wednesday downgraded Nokia Corp.'s debt rating two notches, heaping more pressure on the troubled mobile-phone maker as it struggles to realign its business strategy and regain traction ...

Nokia gets a rating downgrade as dominance wanes

CanadianBusiness.com (blog) - ‎Jul 27, 2011‎
Topics AP By AP | July 27, 2011 HELSINKI, Finland (AP) â€" Nokia's credit rating was downgraded Wednesday as the world's largest producer of mobile phones sees its competitive position in the smart phone segment deteriorate. ...

Moody's downgrades Nokia's credit rating

eTaiwan News - ‎Jul 27, 2011‎
AP Moody's has downgraded its credit rating on Finnish mobile phone company Nokia by two notches partly because of a loss of competitiveneses of its smartphones. In a statement Wednesday, Moody's says the downgrade to Baa2 from A3 previously reflects a ...

Nokia Debt Rating Cut Again as Turnaround Pressure Mounts

DailyFinance - Phil Goldstein - ‎Jul 27, 2011‎
Nokia's (NYS: NOK) comeback took another hit Wednesday after Moody's Investors Service downgraded its rating on Nokia's debt two steps above junk status, ...

Nokia gets a rating downgrade as dominance wanes

Sioux City Journal - ‎Jul 27, 2011‎
AP | Posted: Wednesday, July 27, 2011 5:12 am | Loading… Nokia's credit rating was downgraded Wednesday as the world's largest producer of mobile phones sees its competitive position in the smart phone segment deteriorate. ...

Nokia gets a rating downgrade as dominance wanes

CBS MoneyWatch.com - ‎Jul 27, 2011‎
by AP | Jul 27, 2011 6:15 AM ET | Comments HELSINKI, Finland â€" Nokia's credit rating was downgraded Wednesday as the world's largest producer of mobile phones sees its competitive position in the smart phone segment deteriorate. ...

 

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