Thu, Feb 07, 2008 | 06:38 GMT
Fitch upgrades Sony to A-
Following financials that showed its games business had returned to profit, Sony has been upgraded by credit firm Fitch to a long-term debt rating of A- from BBB+, the seventh of 22 ratings. Presumably ZZZZ means you’re living in a cardboard box. A stable outlook means you’re unlikely to see a reassessment of the rating any time soon.
“Fitch believes that Sony is regaining some of the strengths in the electronics business that the company was renowned for in the past,” said a Fitch spokesperson.