360° Coverage : Fitch cuts Sony, Panasonic debt to junk

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Fitch cuts Sony, Panasonic debt to junk

Source: CNN/Money, Nov 22 2012, 4:39am CST

Sony and Panasonic were downgraded Thursday by Fitch. HONG KONG (CNNMoney) -- Fitch Ratings downgraded Sony and Panasonic debt to junk status Thursday and said the ailing Japan-based consumer electronic makers both needed radical restructuring to improv ...

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1 hour ago

Sony Corp Latest News: Is Sony Un-Japanese Enough to Entertain Change?

Source: TDNpost.com  |   May 21 2013, 6:03pm CDT

Is Sony un-Japanese enough to entertain change?. The new consoles from Microsoft, Nintendo and Sony. Sony to assess spin-off proposal for entertainment business The daily news post features breaking news from India and around the world al ...

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25 weeks ago


Quote:
"The future of both companies will depend on their ability to curb loss-making segments and rediscover the kind of technological leadership which historically enabled them to develop must-have products"


Source: CNN/Money

 

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2 hours ago

Spinoff Proposal Talk Sends Sony Shares Higher

Source: CNBC  |   May 21 2013, 5:11pm CDT

Shares of Sony moved sharply higher Tuesday on heavy volume as reports circulated that the electronics giant is considering a proposal from billionaire investor and major shareholder Dan Loeb. Japan's Nikkei reports that Sony will have third-party ...

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2 hours ago

Fitch Affirms New de Young Museum's (CA) Rev Bonds at 'A'; Outlook Stable

Source: Street Insider  |   May 21 2013, 4:58pm CDT

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has affirmed the 'A' rating on $60.8 million of auction rate securities (New de Young Museum project) issued by the ABAG Finance Authority for Nonprofit Corporations, CA on behalf of the New de Young Museum ...

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6

2 hours ago

Fitch Downgrades Idaho Housing & Finance Association's Short- Term Rating to 'F1'

Source: Street Insider  |   May 21 2013, 4:58pm CDT

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings downgrades the short-term rating to 'F1' from 'F1+' on the following obligations issued by the Idaho Housing ...

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2 hours ago

On eve of Sony meeting, report says company could discuss spinoff

Source: Los Angeles Times  |   May 21 2013, 4:55pm CDT

The news comes a day before a much-anticipated Sony corporate strategy meeting in Tokyo and a week after Third Point proposed that the electronics and media giant make an initial public stock offering of up to ...

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4

2 hours ago

Fitch Expects to Rate Springleaf's Senior Unsecured Notes 'CCC/RR4'

Source: Reuters  |   May 21 2013, 4:48pm CDT

(The following statement was released by the rating agency) CHICAGO, May 21 (Fitch) Fitch Ratings expects to rate Springleaf Finance Corporation's (SLFC) proposed seven-year, $250 million senior unsecured notes due 2020 'CCC/RR4'. Proceeds from the ...

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3

2 hours ago

Fitch Rates $1.2B California GO Bonds 'AAApre'; Negative Outlook

Source: Business Wire  |   May 21 2013, 4:45pm CDT

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'AAApre' with a Negative Outlook to the outstanding $1,238,255,000 State of California (State) general obligation (GO) bonds, refunded on April 23, 2013 with proceeds of the state's v ...

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2 hours ago

Fitch Releases Report on Loudoun County, VA

Source: Business Wire  |   May 21 2013, 4:45pm CDT

NEW YORK--(BUSINESS WIRE)--Fitch Ratings downgrades the short-term rating to 'F1' from 'F1+' on the following obligations issued by the Idaho Housing ...

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2 hours ago

Fitch Affirms University of Mass Building Auth (Commonwealth Guaranteed) 2011-2 Revs at 'F1+'

Source: Business Wire  |   May 21 2013, 4:45pm CDT

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'F1+' short-term rating on the following University of Massachusetts Building Authority bonds: --$100 million outstanding refunding revenue bonds, senior series 2011 ...

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