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Sharp's credit downgraded as loss worries mount

2012-11-02 4 Dailymotion

Japanese electronics giant Sharp saw its shares fall further on Friday after it warned of a huge loss for the year and said it might not be able to survive on its own.<br /><br />At the same time Fitch said it had cut the company's credit rating to junk on word of its projected 4.4 billion euro annual net loss.<br /><br />Sharp's shares have lost three-quarters of their value since the start of the year.<br />...<br />http://www.euronews.net/

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