Sharp's credit downgraded as loss worries mount

Japanese electronics giant Sharp saw its shares fall further on Friday after it warned of a huge loss for the year and said it might not be able to survive on its own.

At the same time Fitch said it had cut the company's credit rating to junk on word of its projected 4.4 billion euro annual net loss.

Sharp's shares have lost three-quarters of their value since the start of the year.
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