To quote Larry Kudlow: Free market capitalism is the best path to prosperity! Matters of business and free enterprise are discussed on this blog. Included are company press releases, 3rd party news articles and videos, articles and videos pertaining to small business, and white collar crime.
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Friday, October 31, 2014
Can anything save Sony? - Oct. 30, 2014
Sony is in dire straits.
Major rating agencies Fitch and Moody's have downgraded the company to "junk" status. Standard & Poor's has warned it could soon do the same. The company has announced plans to scale back its smartphone business.