SnapAV Slammed with Credit Downgrade by Moody’s

Credit rating agency Moody’s Investors Service has downgraded the credit rating of Wirepath LLC (corporate name of SnapAV) from B2 to B3 in the wake of their announced acquisition of Control4. The primary reason for the downgrade is due to … Continue reading

S&P Cuts Panasonic’s Long-Term Debt Rating…Again

<February 22, 2012> Standard & Poors, the credit rating agency, today cut Panasonic Corp.’s long-term debt rating for the second time in only four months suggesting it continues to expect a rough road ahead for some of Japan’s most prestigious … Continue reading

S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook

<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the … Continue reading