Moody's: Noble Group ratings unaffected by weak 3Q 2016 results
Hong Kong, November 14, 2016-- Moody's Investors Service says that Noble Group Limited's operating results for 3 Q 2016 were weak but have no immediate effect on the company's B2 corporate family rating or negative rating outlook. "Noble's profitability and operating cash flow remained weak in 3 Q 2016 as the company continued to experience working capital constraints and higher expenses associated with the restructuring and repositioning of its businesses," says Joe...
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