S&P Downgrades Sony, TV Losses Largely to Blame
Kaz Hirai hasn’t even moved into his new office as CEO of Sony and already there is talk of pressure being applied to turn Sony’s flagging fortunes around after Standard and Poor’s cut the company’s long term debt rating from A- to BBB+. The ratings downgrade comes on the heels of a similar downgrade by Moody’s a few weeks ago and […]
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