Welcome to our dedicated page for Moody'S news (Ticker: MCO), a resource for investors and traders seeking the latest updates and insights on Moody'S stock.
Moody's Corporation (MCO) provides essential financial intelligence through its credit ratings, research, and risk assessment solutions. This news hub aggregates official press releases and verified updates about the company's activities in global capital markets.
Investors and financial professionals will find timely information on earnings announcements, credit rating methodologies, and strategic initiatives from both Moody's Investors Service and Moody's Analytics divisions. The curated collection serves as a reliable resource for tracking regulatory developments, partnership announcements, and leadership updates.
Bookmark this page to maintain awareness of Moody's evolving role in financial risk analysis and economic research. New content is added as official corporate communications become available, ensuring you to stay informed about this critical market infrastructure provider.
Moody's Corporation reported a 19% revenue increase in 4Q 2021, totaling $1.5 billion, and a 16% rise for FY 2021, reaching $6.2 billion. Diluted EPS for 4Q 2021 was $2.28, a 37% increase, with FY 2021 diluted EPS at $11.78, up 25%. For FY 2022, projected diluted EPS is $11.50 to $12.00. New medium-term guidance includes at least 10% average annual revenue growth. Despite a favorable outlook, operating expenses rose 21% in 4Q, driven by strategic investments and acquisitions, impacting margins. Shareholder returns included $116 million in dividends and a $500 million share repurchase program.
Moody's Analytics has launched CreditLens™ CRE, a lending solution tailored for commercial real estate. This platform integrates property, market, and economic data, enhancing collaboration among lending teams. It aims to streamline decision-making, potentially reducing cycle times by 30-40%. The commercial real estate market is experiencing rapid growth with loan originations surpassing $600 billion in 2021. CreditLens CRE will help lenders navigate this evolving landscape by providing integrated workflows and analytics.
Moody's Corporation (NYSE:MCO) has appointed Maral Kazanjian as the new Chief People Officer, effective February 14, 2022. In her role, Kazanjian will focus on enhancing the company's talent strategy to foster an inclusive workplace culture. With extensive experience in employee relations and talent management, she previously served as Chief People Officer at WeWork and held leadership roles within Moody's. Kazanjian's appointment underscores Moody's commitment to leveraging its workforce to drive growth and resilience.
Moody's Corporation (NYSE: MCO) has announced its acquisition of a 51% stake in Global Credit Rating Company Limited (GCR), a major credit rating agency in Africa. This strategic move aims to leverage GCR's expertise in the African market to expand Moody's operations in a rapidly growing region. Moody’s commitment includes engaging a South Africa-based empowerment partner for strategic support and fostering corporate social responsibility initiatives. The deal, expected to close in Q2 2022, will not materially impact Moody's financial results for the year.
Codat has announced a partnership with Moody's Analytics to integrate its universal API into Moody's CreditLens solution, enhancing underwriting efficiencies for small business loans. The partnership aims to address challenges faced by U.S. SMEs in accessing loans, with half reporting difficulties. By automating data flows, both companies seek to improve credit access for millions of small business owners, allowing lenders to make better data-driven decisions. The collaboration is expected to open up profitable business lines for financial institutions.
Level Equity Management announced the final closings of Level Equity Growth Partners V and Level Equity Opportunities Fund 2021, raising $775 million and $350 million respectively, totaling $1.125 billion in commitments. Since 2011, Level has raised $3.0 billion across 10 funds. Key promotions include Gautam Gupta to Partner and Chris Isaac to Principal. In 2021, Level made investments in various tech companies and sold CloudCheckr to NetApp (NASDAQ: NTAP) and PassFort to Moody's (NYSE: MCO). The firm continues to focus on growth investments.
Moody’s Corporation (NYSE: MCO) announced that Mona Breed, Chief Information Officer, will participate in a fireside chat hosted by Goldman Sachs on December 10, 2021, at 1:00 p.m. ET. Interested parties can join the call by dialing +1-877-208-2954, using the passcode 103797. The teleconference will also be available via live webcast on Moody’s Investor Relations website at ir.moodys.com. This event underscores Moody's commitment to transparency and engagement with investors.
Moody's Corporation (NYSE:MCO) has acquired PassFort Limited and reached an agreement to acquire 360kompany AG, enhancing its KYC technology capabilities. These acquisitions will augment Moody's data and analytical solutions, improving compliance and customer onboarding processes. PassFort offers a SaaS platform for identity verification and risk analysis, while kompany provides real-time business verification with a database of over 115 million companies. The acquisition of PassFort was funded in cash, and the deal for kompany is expected to close in Q1 2022, subject to regulatory conditions.
