Moody's Investors Service Confirms Ratings and Changes Outlook for Ericsson-Reuters
Reuters reported that Moody's Investors Service affirmed the A3 senior unsecured and (P)Baa1 senior subordinate ratings of Ericsson AB and changed to negative from stable the outlook on the ratings. The outlook change was triggered by Ericsson's weak margin performance through 2012 and the cautious outlook for a near-term recovery in profitability.
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