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Bad News in Mobile, S&P Cuts Nokia's Rating as Samsung and HTC Profits Flutter

Bad News in Mobile, S&P Cuts Nokia's Rating as Samsung and HTC Profits Flutter

Bad News in Mobile: S&P Cut Nokia's Rating, Samsung and HTC Profits Flutter

While the summer kicks in and the holidays stack up, the once vigorous mobile sector seems unable to take the heat. Looking more like a fading star as the under-performing results mount up and the market stagnates, leading to reductions in analyst expectations and credit ratings.

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