Published On:
Wed, Dec 30th, 2015
Noble Group Shares Tumble After Moody’s Cuts Rating to Junk
Stock is the biggest loser on Straits Times Index this year; Sale of Noble Agri stake will improve metrics, company says
Noble Group Ltd. slumped in Singapore after the commodity trader had its credit rating cut to junk by Moodys Investors Service on concerns about the company’s liquidity amid the rout in raw materials.
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