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#62548 - 07/05/1310:34 AM[Reuters] S&P cuts Nokia rating by one notch to B+
LONDON, July 5 (IFR) - Standard & Poor's downgraded Nokia by one notch to B+, from BB-, on Friday, citing pressure on the company's net cash following its agreement to take over Siemens' 50% stake in Nokia Siemens Network.