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Moody's Corp (MCO.N)

MCO.N on New York Stock Exchange

130.49USD
18 Aug 2017
Change (% chg)

$0.27 (+0.21%)
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$130.22
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Volume
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$135.16
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Latest Key Developments (Source: Significant Developments)

Saudi's CMA issues license to Moody's Investors Service Middle East Ltd to operate in KSA
Monday, 31 Jul 2017 08:13am EDT 

July 31 (Reuters) - Capital Market Authority::ISSUES LICENSE TO " MOODY'S INVESTORS SERVICE MIDDLE EAST LIMITED " TO CONDUCT CREDIT RATING ACTIVITIES IN KINGDOM OF SAUDI ARABIA.  Full Article

Moody's receives EU regulatory approval for acquisition of Bureau Van Dijk
Friday, 28 Jul 2017 09:00am EDT 

July 28 (Reuters) - Moody's Corp :Moody's receives EU regulatory approval for acquisition of Bureau Van Dijk.Moody's expects acquisition to be completed in August 2017.Moody's Corp says will consolidate Bureau Van Dijk's financial results beginning on closing date.  Full Article

Moody's Corporation reports Q2 results
Friday, 21 Jul 2017 07:00am EDT 

July 21 (Reuters) - Moody's Corp :Moody's Corporation reports results for second quarter 2017.Sees FY 2017 adjusted earnings per share $5.35 to $5.50 excluding items.Sees FY 2017 earnings per share $5.69 to $5.84.Q2 adjusted earnings per share $1.51.Q2 revenue rose 8 percent to $1.0 billion.Q2 earnings per share $1.61.Q2 earnings per share view $1.34 -- Thomson Reuters I/B/E/S.Moody's Corp says continue to expect previously announced acquisition of bureau van Dijk to close in Q3 of 2017.FY2017 earnings per share view $5.34 -- Thomson Reuters I/B/E/S.Moody's Corp- ‍for MIS, Moody's now expects revenue to increase in high-single-digit-percent range for 2017​.Moody's Corp- ‍for MA, Moody's now expects revenue to increase in high-single-digit-percent range for 2017​.Moody's Corp sees FY 2017 capital expenditures approximately $100 million.Moody's Corp sees FY 2017 revenue increase in high-single-digit percent.  Full Article

Moody's Corp enters into a loan agreement
Monday, 12 Jun 2017 04:38pm EDT 

June 12 (Reuters) - Moody's Corp : :Moody's Corp says on June 6, 2017 co entered into a loan agreement .Moody's Corp says term loan credit agreement provides for a $500 million term loan facility, maturing on June 6, 2020.  Full Article

Moody's prices senior unsecured notes offering
Thursday, 1 Jun 2017 05:10pm EDT 

June 1 (Reuters) - Moody's Corp MCO.N::Moody's prices senior unsecured notes offering.Priced its previously announced private offering of $1.0 billion aggregate principal amount of notes​.Priced ‍private note offering consists of $500 million of 2.625 pct senior unsecured notes due 2023 and $500 million of 3.250 pct senior unsecured notes due 2028​.Offering is expected to close on June 12, 2017​.  Full Article

Moody's Corp announces private offering of $1 bln senior unsecured notes
Thursday, 1 Jun 2017 09:45am EDT 

June 1 (Reuters) - Moody's Corp :Moody's corporation announces private offering of senior unsecured notes.Moody's corp says that it is offering to sell $1.0 billion aggregate principal amount of two series of senior notes of company.Moody's corp says expects to use net proceeds to fund a portion of purchase price of its acquisition of Bureau Van Dijk Electronic Publishing B.V.  Full Article

Moody's says entered into a 364-day bridge credit agreement
Monday, 15 May 2017 07:43am EDT 

May 15 (Reuters) - Moody's Corp :Moody's Corp - on may 15, co entered into a 364-day bridge credit agreemen with JPMorgan Chase Bank, N.A.. - sec filing.Moody's - credit agreement provides for $1.5 billion bridge facility consisting of $1.0 billion of tranche 1 commitments and $500 million of tranche 2 commitments.  Full Article

Moody's to acquire Bureau van Dijk in a deal valued at about $3.27 bln
Monday, 15 May 2017 07:00am EDT 

May 15 (Reuters) - Moody's Corp :Moody's to acquire Bureau van Dijk.Moody's Corp - deal for approximately $3.27 billion.Moody's Corp - deal accretive to GAAP EPS in 2019.Moody's Corp says increases Moody's long term outlook for revenue and EPS growth.Moody's Corp - deal for for EUR 3.0 billion (approximately $3.27 billion).Moody's Corp - Moody's will fund transaction through a combination of offshore cash and new debt financing.Moody's Corp - deal expected to be EPS accretive in 2018, excluding purchase price amortization and one-time integration costs.  Full Article

Moody's Q1 earnings per share $1.78
Friday, 5 May 2017 07:00am EDT 

May 5 (Reuters) - Moody's Corp :Moody's Corporation reports results for first quarter 2017.Sees fy 2017 earnings per share $5.46 to $5.61.Q1 adjusted earnings per share $1.47.Q1 earnings per share $1.78.Q1 revenue rose 19 percent to $975.2 million.Sees fy 2017 adjusted earnings per share $5.15 to $5.30.Q1 earnings per share view $1.24 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $5.25 -- Thomson Reuters I/B/E/S.Sees 2017 operating margin guidance approximately 43%.Sees revenue increase in mid-single-digit percent range for 2017.Sees capital expenditures of approximately $100 million in 2017.Fy2017 revenue view $3.81 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $918.9 million -- Thomson Reuters I/B/E/S.  Full Article

Moody's says Q4 revenue rose 9 pct to $942.1 mln
Friday, 17 Feb 2017 07:00am EST 

Moody's Corp : Moody's Corporation reports results for fourth quarter and full year 2016; Sets outlook for full year 2017 . Sees FY 2017 earnings per share $5.15 to $5.30 . Q4 adjusted earnings per share $1.23 . Q4 revenue rose 9 percent to $942.1 million . Q4 loss per share $2.22 . Q4 earnings per share view $1.24 -- Thomson Reuters I/B/E/S . For MIS, Moody's expects 2017 revenue to increase in mid-single-digit percent range . For MA, Moody's expects 2017 revenue to increase in mid-single-digit percent range . Moody's expects full year 2017 revenue to increase in mid-single-digit percent range . Capital expenditures are expected to be approximately $100 million for full year 2017 .Moody's expects share repurchases to be approximately $500 million for full year 2017.  Full Article

UPDATE 1-EU watchdog fines Moody's for credit ratings breaches

LONDON, June 1 The European Union's markets regulator has fined Moody's 1.24 million euros ($1.4 million) for failing to give investors sufficient information about how ratings on major institutions such as the EU were compiled.