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Sharp shares fall after S&P cuts rating to "junk"
September 3, 2012 / 12:16 AM / 5 years ago

Sharp shares fall after S&P cuts rating to "junk"

TOKYO (Reuters) - Shares of Sharp Corp (6753.T) shed 4.6 percent to 189 yen on Monday after credit ratings agency Standard & Poor’s cut its debt rating to ‘junk’ after the market close on Friday and kept the TV maker on negative watch for a possible further downgrade.

Reporting by Dominic Lau; Editing by Chang-Ran Kim

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