Nov 10, 2015

Moody's downgrades Toshiba credit rating

Moody’s downgraded the credit rating of embattled electronics giant Toshiba Corp. on Monday days after the conglomerate announced deep midyear operating losses late last week. The agency slashed the Japanese company’s rating from Baa2 to Baa3 and also changed Toshiba’s outlook from stable to ...

Moody's cuts Sony's credit rating to junk

Jan 27, 2014

Moody's cuts Sony's credit rating to junk

Moody’s cut its credit rating on Sony Corp. to junk on Monday, saying the electronics giant had more work to do in repairing its battered balance sheet. The major international ratings agency lowered its view of the company to Ba1 from Baa3, meaning its ...