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Nissan cut to junk at Moody's on turnaround risks, cash crunch
Moody's Ratings has downgraded Nissan's (OTCPK:NSANY) credit rating to junk, citing the Japanese automaker's weak profitability, cash flow challenges and worsening outlook. The rating agency ...
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Nissan Would Need A Lot Of Cash For Honda Merger To Happen
Bloomberg also added that Nissan currently doesn't have the funds to grant Honda's wishes, with its market value decreasing ...