Moody's Downgrades Nokia Debt To Near Junk

Matti Huuhtanen, Associated Press, Boston Globe: Business
Mon, 04/16/2012 - 5:59am

Moody's ratings agency downgraded Nokia's debt grade to near junk status on Monday, citing a sharp decline in first-quarter cellphone sales that led to a 35 percent fall in revenue.

Sections: news business

Topics: cell phone debt electronics first quarter first quarter earnings gadgets junk status mobile moody's quarterly earnings rating agency

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Moody's Downgrades Nokia Debt To Near Junk

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