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Moody's Corp (MCO.N)

MCO.N on New York Stock Exchange

159.77USD
19 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Moody's Analytics And Summit Actuaries & Consultants Announce Joint Collaboration To Offer IFRS 17 And K-ICS Insurance Solutions In Korea
Wednesday, 26 Sep 2018 09:00pm EDT 

Sept 26 (Reuters) - :MOODY’S ANALYTICS AND SUMMIT ACTUARIES & CONSULTANTS INC. ANNOUNCE A JOINT COLLABORATION TO OFFER IFRS 17 AND K-ICS INSURANCE SOLUTIONS IN KOREA.  Full Article

Moody's Analytics Partners With Cortera On Small Business Solution
Thursday, 13 Sep 2018 09:01am EDT 

Sept 13 (Reuters) - Moody's Corp ::MOODY’S ANALYTICS PARTNERS WITH CORTERA ON SMALL BUSINESS SOLUTION.MOODY'S CORP - ANNOUNCE A NEW PARTNERSHIP WITH CORTERA.MOODY'S - CORTERA'S TRADE CREDIT DATA WILL BE AVAILABLE THROUGH MOODY'S ANALYTICS SMALL BUSINESS LENDING SOLUTION.  Full Article

Moody's Corp Says Designated Michael Crimmins To Serve On Interim Basis As Co's Principal Financial Officer
Friday, 30 Mar 2018 04:51pm EDT 

March 30 (Reuters) - Moody's Corp ::MOODY'S CORP - DESIGNATED MICHAEL S. CRIMMINS TO SERVE ON INTERIM BASIS AS CO'S PRINCIPAL FINANCIAL OFFICER, EFFECTIVE APRIL 2, 2018 - SEC FILING.MOODY'S CORP - IS CONTINUING ITS SEARCH TO IDENTIFY A SUCCESSOR TO ITS CHIEF FINANCIAL OFFICER.  Full Article

Moody's Corporation Announces Commencement Of Exchange Offer
Friday, 16 Mar 2018 04:16pm EDT 

March 16 (Reuters) - Moody's Corp ::MOODY'S CORPORATION ANNOUNCES COMMENCEMENT OF EXCHANGE OFFER.MOODY'S CORP - OFFERING TO EXCHANGE UP TO $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS NEW 2.625% SENIOR NOTES DUE 2023.MOODY'S CORP - OFFERING TO EXCHANGE $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS NEW 3.250% SENIOR NOTES DUE 2028.  Full Article

Moody's Reports Q4 EPS Of $0.13
Friday, 9 Feb 2018 07:00am EST 

Feb 9 (Reuters) - Moody's Corp ::ORATION REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017; SETS OUTLOOK FOR FULL YEAR 2018.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $7.65 TO $7.85.SEES FY 2018 EARNINGS PER SHARE $7.20 TO $7.40.Q4 ADJUSTED EARNINGS PER SHARE $1.51.Q4 EARNINGS PER SHARE $0.13.Q4 REVENUE $1.2 BILLION VERSUS I/B/E/S VIEW $1.07 BILLION.Q4 EARNINGS PER SHARE VIEW $1.44 -- THOMSON REUTERS I/B/E/S.‍4Q17 DILUTED EPS OF $0.13, INCLUDING A CHARGE OF APPROXIMATELY $245 MILLION PRIMARILY DUE TO U.S. TAX REFORM​.‍PROJECTED FY 2018 DILUTED EPS OF $7.20 TO $7.40; ADJUSTED DILUTED EPS OF $7.65 TO $7.85​.SEES FULL YEAR 2018 CAPITAL EXPENDITURES APPROXIMATELY $120 MILLION.‍"EXPECT ANOTHER SOLID YEAR IN 2018 AS ROBUST ECONOMIC ACTIVITY CONTINUES ACROSS MOST MARKETS"​.FOR MIS, 2018 REVENUE IS EXPECTED TO INCREASE IN THE MID-SINGLE-DIGIT PERCENT RANGE.SEES FULL YEAR 2018 OPERATING CASH FLOW APPROXIMATELY $1.7 BILLION.‍PROJECT REVENUE FOR 2018 TO INCREASE IN LOW-DOUBLE-DIGIT PERCENT RANGE​.FOR MA, 2018 REVENUE IS EXPECTED TO INCREASE IN THE MID-TWENTIES PERCENT RANGE.SEES SHARE REPURCHASES OF ABOUT $200 MILLION IN FY 2018.EXPECTS 2018 EPS TO INCLUDE ‍AN APPROXIMATE $0.65 BENEFIT FROM U.S. TAX REFORM​.‍FULL YEAR 2018 OPERATING EXPENSES ARE EXPECTED TO INCREASE IN LOW-DOUBLE-DIGIT PERCENT RANGE​.‍REV IN 2017 DRIVEN BY MOODY'S INVESTORS SERVICE & MOODY'S ANALYTICS BUSINESSES, & CONTRIBUTION FROM BUREAU VAN DIJK​ ACQUISITION.FY2018 EARNINGS PER SHARE VIEW $6.89 -- THOMSON REUTERS I/B/E/S.  Full Article

Moody's Acquires Stake In Rockport Val Llc
Tuesday, 28 Nov 2017 08:00am EST 

Nov 28 (Reuters) - Moody's Corp ::MOODY'S ACQUIRES STAKE IN ROCKPORT VAL, LLC.MOODY'S CORP - MADE MINORITY INVESTMENT IN ROCKPORT VAL LLC, PROVIDER OF CLOUD-BASED COMMERCIAL REAL ESTATE VALUATION AND CASH FLOW MODELING TOOLS​.MOODY'S CORP- ‍INVESTMENT WAS FUNDED THROUGH U.S. CASH ON HAND AND WILL NOT HAVE A MATERIAL IMPACT ON MOODY'S 2017 FINANCIAL RESULTS​.  Full Article

Moody's Corp reports Q3 adjusted earnings per share of $1.52
Friday, 3 Nov 2017 07:00am EDT 

Nov 3 (Reuters) - Moody's Corp :Moody's Corporation reports results for third quarter 2017.Sees FY 2017 earnings per share $6.18 to $6.33.Q3 adjusted earnings per share $1.52.Q3 earnings per share $1.63.Q3 revenue $1.1 billion versus I/B/E/S view $1.01 billion.Sees FY 2017 adjusted earnings per share $5.85 to $6.00.Q3 earnings per share view $1.39 -- Thomson Reuters I/B/E/S.Moody's Corp - for FY 2017 ‍moody's now expects revenue to increase in low-teens percent range​.Moody's Corp - ‍for MIS, Moody's now expects 2017 revenue to increase in low-teens percent range​.Moody's Corp - ‍for MA, Moody's now expects 2017 revenue to increase in low-teens percent range​.Moody's Corp sees 2017 capital expenditures of about $100 mln‍​.Moody's Corp sees ‍fy 2017 operating margin approximately 43%​.Fy2017 earnings per share view $5.71 -- Thomson Reuters I/B/E/S.Moody's Corp - ‍Q3 adjusted EPS excludes $0.23/share gain on a foreign currency hedge associated with Bureau van Dijk acquisition.Moody's Corp - ‍Q3 adjusted EPS also excludes $0.08/share related to amortization and $0.04/share of acquisition-related expenses​.Moody's Corp - ‍full year 2017 guidance Incorporates Bureau van Dijk's results starting from acquisition close date of August 10, 2017​.Moody's Corp - ‍Bureau van Dijk's revenue contribution will be reduced by $14 million in Q3 and $25 million in Q4.  Full Article

Moody's announces strategic investment in CompStak
Tuesday, 17 Oct 2017 04:30pm EDT 

Oct 17 (Reuters) - Moody's Corp :Moody's announces strategic investment in CompStak.Moody's Corp - ‍investment was funded through U.S. Cash and will not have a material impact on Moody's 2017 financial results​.Moody's Corp - ‍Moody's analytics will gain access to CompStak's crowd-sourced data set, covering over 275,000 commercial properties in 70 U.S. markets​.  Full Article

SecurityScorecard secures $27.5 mln in series C round led by NGP
Thursday, 12 Oct 2017 08:56am EDT 

Oct 12 (Reuters) - SecurityScorecard::SecurityScorecard secures $27.5 million in series C round led by NGP.SecurityScorecard - Financing round was led by Nokia growth partners with participation from Moody's Corporation and Intel Capital​.  Full Article

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

HK Court of Final Appeal upholds regulator's action against Moody's

HONG KONG Ratings agency Moody's has failed in its final attempt to overturn action taken against it by Hong Kong's securities regulator for a 2011 report alleging corporate governance failings at a number of Chinese companies.