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Moody's Corporation (NYSE: MCO) is a key player in the global capital markets, offering a suite of services encompassing credit ratings, research, tools, and analyses. As the parent company of Moody's Investors Service and Moody's Analytics, the firm provides essential insights and technological adjuncts to market participants worldwide. Moody's Investors Service specializes in credit ratings and research related to debt instruments and securities, while Moody's Analytics offers advanced software solutions, advisory services, and research focused on credit, economic analysis, and financial risk management.
With approximately 14,000 employees across more than 40 countries, Moody's boasts a significant international presence, merging global reach with local expertise. The company generated a revenue of $3.3 billion in 2014, demonstrating its robust financial health and industry impact. Moody's Investors Service contributes significantly to the firm's revenue and profits, covering sectors such as corporates, structured finance, financial institutions, and public finance.
In a recent strategic move, Moody's Corporation entered into a partnership with Google Cloud, aiming to leverage generative AI technologies. This collaboration intends to enhance financial analysis by co-creating large language models (LLMs) tailored for financial professionals. This integration will enable customers to perform in-depth analyses of financial reports and disclosures more swiftly and accurately. Additionally, Moody's plans to make its proprietary datasets accessible via Google Cloud's BigQuery, facilitating more efficient data querying and analysis.
The firm maintains a progressive approach towards integrating advanced technologies to streamline data management and enhance decision-making processes. Moody's commitment to transparency, informed decision-making, and fair access to information underpins its operations, aligning with its mission to foster integrated and transparent financial markets.
For more information, visit www.moodys.com.
Moody's Corporation reported 1Q 2022 revenue of $1.5 billion, down 5% year-over-year, impacted by a 20% decline in Moody's Investors Service (MIS) revenue to $827 million. In contrast, Moody's Analytics (MA) revenue rose 23% to $695 million, marking consistent double-digit growth. Diluted EPS declined 31% to $2.68, with adjusted EPS guidance lowered for FY 2022 to $10.75-$11.25. Despite challenges in the market due to geopolitical factors and rising rates, the firm's Annualized Recurring Revenue increased by 25%. Moody's repurchased 0.5 million shares worth $158 million in the quarter.
Moody's Analytics has integrated climate risk assessment capabilities into its CreditLens™ platform, enabling lenders to evaluate the climate's impact on credit quality and inform lending decisions. This move addresses growing regulatory demands and market pressures for financial institutions to manage climate risks while also exploring opportunities for innovative financial products. The new capability offers users climate risk-adjusted default analytics, streamlining credit processes through advanced technology.
Moody's Corporation (NYSE: MCO) is set to release its Q1 2022 earnings on
Moody’s Corporation (NYSE:MCO) announced the withdrawal of credit ratings on Russian entities through Moody’s Investors Service (MIS). This decision follows Moody’s earlier suspension of commercial operations in Russia on March 5, 2022. The company emphasizes its commitment to transparency and risk assessment while also acknowledging global financial market volatility influenced by geopolitical tensions, including the crisis in Ukraine and the lasting impacts of COVID-19.
Xenia Hotels & Resorts, Inc. (NYSE: XHR) has appointed Arlene Isaacs-Lowe to its Board of Directors and the Nominating and Corporate Governance Committee, effective March 14, 2022. This brings the Board's total members to ten, with nine being independent. Ms. Isaacs-Lowe, currently a Special Advisor at Moody's Corporation (NYSE: MCO), is expected to bring valuable insights on ESG initiatives, risk management, and commercial real estate. She will stand for election at the 2022 Annual Meeting of Shareholders.
Moody’s Corporation (NYSE:MCO) announced the suspension of its commercial operations in
Moody's Analytics has launched Supply Chain Catalyst, a data-driven platform designed to monitor and manage supply chain risks. This tool helps organizations identify vulnerabilities and anticipate disruptions by offering a comprehensive view of suppliers based on financial, sustainability, reputational, and operational risk factors. The platform integrates data from over 400 million entities and aims to bolster procurement strategies while supporting responsible sourcing and sustainability initiatives. The solution reflects the pressing need for resilience in supply chains amidst ongoing global uncertainties.
Moody’s Corporation (NYSE:MCO) launched a series of pre-recorded videos for stockholders ahead of its Investor Day on March 10, 2022, at the New York Stock Exchange. These insights cover critical topics such as Diversity, Equity & Inclusion, ESG & Climate, and Finance & Strategy, providing a comprehensive view of the Company’s growth objectives. The event will feature key discussions and a live Q&A with senior leaders from 8:30 a.m. to 10:00 a.m. ET. Registration is required for attendance.
Moody’s Corporation (NYSE:MCO) has successfully completed the acquisition of 360kompany AG, a Viennese platform specializing in audit-proof business verification and KYC solutions. This acquisition, initially announced on
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