• 0
  • I have been using this product for years. I have tried others but have not found anything that works better for me, propecia best price uk. For a man with ED, a harder erection can lead to a more satisfying sexual experience. When it comes to hardness, this can help.
  • 0

Sony and Panasonic ratings cut to the junk status level

in International Business

Sony and Panasonic ratings cut to the junk status level

The Fitch ratings agency has cut the ratings of the tech firms Sony and Panasonic to the level of junk status for the first time.

Sony’s rating is dropped by three notches to BB-,while Panasonic’s by two notches to BB.

The agency cites the cut in the ratings to the weak balance sheets of the two firms and their declining position in the global electronics sector, where both are struggling to compete with the likes of Samsung.

The ratings denote that that both Sony and Panasonic will have to pay much more to borrow now, as they are no longer considered safe and investment-grade.

Earlier this month, Fitch followed Standard & Poor’s by cutting rival electronics giant Sharp’s rating to junk.



Related Articles

US Congress in final push to reach ‘fiscal cliff’ deal

BBC News- US Congressional leaders have one more day to stop steep tax rises and spending cuts, known as the

Spanish savings banks mull merger as debt crisis bites

Three Spanish savings banks, Ibercaja, Liberbank and Caja3, are considering a merger to strengthen their balance sheets as the country’s

China's economy slows down further

Data for April shows sharper than expected declines in investment and industrial production. China’s economy is slowing down further, national

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china