Nokia Cut to Junk by Moody's on Handset Losses

Nokia Cut to Junk by Moody's on Handset Losses Play

June 15 (Bloomberg) -- Bloomberg's Scarlet Fu reports that Nokia Oyj’s debt rating was cut to junk at Moody’s Investors Service, the last of the three major credit-rating services to hold it at investment grade, after the Finnish mobile-phone maker said handset losses would increase. She speaks on Bloomberg Television's "Inside Track."

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