FINNISH PHONE MAKER Nokia has had its debt rating cut to one step
above junk status by Standard and Poor's.
Nokia's long-term debt rating was cut to BBB- by Standard and Poor's
and the credit rating agency put the firm on negative outlook. By
putting Nokia on negative outlook, the agency is warning that it might
suffer another downgrade within two years, which would result in the
firm's debt being consigned to junk status.
Ouch, where has the $2 billion Microsoft bribe gone. Are WP7 sales not
doing too well?
Gods are children's blankets that get carried over into adulthood.