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Standard & Poor's further lowers the rating to BBB from Nokia

Posted On : Sep-02-2011 | seen (1287) times | Article Word Count : 506 |

The rating agency lowered another notch note of the long-term debt of Nokia, seeing no positive outlook throughout the transition phase that should lead the manufacturer to offer Apple macbook pro 13 inch battery.
Standard & Poor's further lowers the rating to BBB from Nokia



The rating agency lowered another notch note of the long-term debt of Nokia, seeing no positive outlook throughout the transition phase that should lead the manufacturer to offer Apple macbook pro 13 inch battery. It's not really a surprise after mixed results in the second quarter but it still does not go in the right direction: the rating agency Standard & Poor's has lowered a notch further note of the long-term debt After Nokia.

She had already prevailed in early June by degrading the note to BBB + after the profit warning issued by the manufacturer, by being a little less severe than another agency, Fitch Ratings, which had increased the rating to Compaq presario v3000 battery. With the information provided by the manufacturer during its second quarter financial results, Standard & Poor's drag the note from BBB + to BBB, two notches before the passage of the value in the speculative grade.

Still no bright future In late July, the third rating agency, Moody's, also lowered its rating to Baa2 (which corresponds to BBB) after results were announced. And the reasons are the same in all cases: Nokia is undergoing conversion in the smartphone segment and rapidly losing ground, despite its support for Symbian and kept its promise to launch a range of devices Dell inspiron 1720 battery, the first model is expected later this year.

The mobile industry in general has accused the scope of these changes is strategic and falling margins the manufacturer. Without improvements in this respect, note the rating agency could still subside, and that we should not expect a positive review as the transition to Dell inspiron e1505 battery will not be made, otherwise not until (late) 2012 at best.

Now showing net losses without a positive outlook in the short term, with an uncertain future in the eyes of analysts, the road will be long HP pavilion dv5 battery to regain investor confidence, unless released the Windows smartphone Phone miracle that will sell in the millions.
The rating agency lowered another notch note of the long-term debt of Nokia, seeing no positive outlook throughout the transition phase that should lead the manufacturer to offer Apple macbook pro 13 inch battery. It's not really a surprise after mixed results in the second quarter but it still does not go in the right direction: the rating agency Standard & Poor's has lowered a notch further note of the long-term debt After Nokia.

She had already prevailed in early June by degrading the note to BBB + after the profit warning issued by the manufacturer, by being a little less severe than another agency, Fitch Ratings, which had increased the rating to Compaq presario v3000 battery. With the information provided by the manufacturer during its second quarter financial results, Standard & Poor's drag the note from BBB + to BBB, two notches before the passage of the value in the speculative grade.

Article Source : http://www.articleseen.com/Article_Standard & Poor's further lowers the rating to BBB from Nokia_78841.aspx

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