Rating agency Standard and Poor's on Wednesday downgraded Finnish cellphone maker Nokia's long-term corporate credit rating to BB-, from BB+, citing the likelihood of the company's deteriorating profitability.
MiamiHerald.com: Business, Miami Herald: Business
Wed, 08/15/2012 - 5:32am
Rating agency Standard and Poor's on Wednesday downgraded Finnish cellphone maker Nokia's long-term corporate credit rating to BB-, from BB+, citing the likelihood of the company's deteriorating profitability.