Moody’s downgrades Sony to ‘junk’ status - Unprofitable TV - TopicsExpress

Moody’s downgrades Sony to ‘junk’ status - Unprofitable TV and PC business drives down investment grade rating. Sony has once again had its bond rating downgraded to “junk” status as Moody’s Investors Service issued a note of caution to investors Monday, warning that its “uncertain how the company will maintain its competitiveness.” Sonys ratings has been lowered from Baa3 to Ba1, which [...]The post Moody’s downgrades Sony to ‘junk’ status appeared first on VR-Zone. ow.ly/2DiBau

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