[Reuters] Moody's Investors Service on Thursday changed its outlook on Nokia to negative from stable after the company last week released poor first-quarter earnings and a gloomy forecast for 2009.
Moody's rates Nokia at A1, or fifth-highest investment grade.
"The outlook change was triggered by Nokia's results for the first quarter 2009," said Eric de Bodard, the lead author of the report.
Moody's changes Nokia's outlook to negative
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment