Forse sono loro che stanno buttando a mare STM..notizia vecchia ma..
https://www.moodys.com/research/Moo...9SYXRpbmcgTmV3c19BbGxfRW5n~20150730_PR_331232
Moody's affirms STMicroelectronics' Baa3 rating, outlook negative
Global Credit Research - 30 Jul 2015
Frankfurt am Main, July 30, 2015 -- Moody's Investors Service, ("Moody's") has today changed the outlook on STMicroelectronics N.V. ("ST") Long-Term Issuer Rating to negative from stable, and at the same time affirmed the Baa3 issuer rating.
RATINGS RATIONALE
The negative outlook reflects Moody's downward revision to ST's expected operating performance in 2015. Moody's 2015 forecasts now include a lower revenue run rate of around USD1.8 billion and an adjusted operating profit margin below the mid-single digit range which still implies improvements in profitability over H2 2015. In Moody's opinion this will limit free cash flow (FCF) generation after dividends to break-even levels this year.