News Headline Summary

Sony (6758 JT) cut to A- from A by Japan's R&I

Says:

- Rebuilding of Co.'s financial base to be delayed.
- Co.'s camera and game business sales are sluggish.

Reaction details (05:18)

- Co. shares unmoved by this headline, trades JPY 788 (-1.00%) last.

Analysis details (05:23)

- Of note, Sony has been downgraded by Moody's and Fitch last month.

04 Dec 2012 - 05:16 - - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: