HELSINKI (Reuters) - Credit rating agency Fitch said it may upgrade Nokia's speculative-grade debt rating after the company announced the sale of its handset business to Microsoft. Fitch Ratings said it placed Nokia's senior unsecured ratings of "BB-" on "Ratings Watch Positive" because of an expected improvement in its finances following the 5.4 billion euro ($7.2 billion) deal announced on Tuesday. Nokia has been struggling to reverse a decline in its cash position and fall in market share. ...
via Tech News Headlines - Yahoo! News http://news.yahoo.com/fitch-may-upgrade-nokia-debt-rating-microsoft-deal-112749239--finance.html
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