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© 2013 AFPMoody's downgrades SoftBank to junk grade Ba1
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The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2013 AFP
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globalwatcher
rys2senseJul. 19, 2013 - 11:50AM JST
You are not obligated to pay attention to the underwritings at all. Good luck and stay poor.
hkitagawa
They will sell iPhone 6 with 2 year contract in US.
JeffLee
...and financial instruments backed by defaulted mortgages taken out by insolvent impoverished Americans are rated AAAAAAAA!!!!
isoducky
Despite the housing bubble, which these guys are partly responsible for (AND should be JAILED for), the big investment firms do have a history of predicting the health of a company. That said, Moody lowering it's credit rating only means a couple things to following people; If you hold stock in the company, expect your share value to change little over the next quarter. If your buying the stock, understand that you're taking a bigger risk then investing in a competitor like Docomo or KDDI. That's as far as the individual goes. Businesses are another big old mess.
Steven C. Schulz
@cracaphat
Tell that to HP and Autonomy.
rys2sense
why would anyon elisten to these rating agencies when they lied all throughout the housing bubble in the US.
gogogo
The buy out is going to cost softbank so much more than what they paid for it once they open the books of Sprint, they will be dumping money into the company just to keep it afloat