Welcome to our dedicated page for Moody's Corporation news (Ticker: MCO), a resource for investors and traders seeking the latest updates and insights on Moody's Corporation stock.
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 (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.
Moody’s Corporation (NYSE: MCO) will present at the Goldman Sachs U.S. Financial Services Conference on December 8, 2021, at 10:40 a.m. Eastern Time. Chief Financial Officer Mark Kaye will lead the discussion, which will be available for live streaming on the company's Investor Relations website, ir.moodys.com. Moody’s is a global risk assessment firm with over 13,000 employees worldwide, dedicated to enhancing decision-making through data and analytical solutions.
Moody’s Analytics has launched RiskIntegrity™ Investment Insight, a new asset-liability management (ALM) solution tailored for insurance companies. This software-as-a-service (SaaS) tool enhances insurers' ability to manage investment strategies by offering data-driven analytics and modeling capabilities. It addresses challenges related to alternative asset classes, operational risks, and regulatory changes. The solution aims to assist ALM teams in developing strategies that optimize risk-adjusted returns, while improving visibility into economic assumptions.
Moody’s Analytics has launched the Relationship Pricing Analyzer, a new front-office pricing solution that assists bankers in pricing loans more effectively. This tool comes in response to net interest margin compression faced by US banks, enabling financial institutions to better understand relationship profitability when setting loan prices. The analyzer supports relationship managers in differentiating offers and monitoring profitability, while also integrating with the CreditLens platform for enhanced credit decision-making. Moody's Corporation reported $5.4 billion in revenue in 2020.
Moody's Corporation (NYSE: MCO) released an updated management presentation for investors on its website on November 10, 2021. This presentation includes the company's results for Q3 2021, ending September 30, and an updated full-year 2021 guidance as of October 28, 2021. The presentation is intended for use by senior management in meetings with analysts and investors, and complies with Regulation FD.
Moody's, a global risk assessment firm, employs over 13,000 people, providing data and analytical solutions to help organizations make informed decisions.
Moody's Corporation (NYSE: MCO) announced that CEO Rob Fauber will present at the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 18, 2021, at 2:30 p.m. Eastern Time. The presentation will be available via a live audio webcast on Moody's Investor Relations website. Moody's is a leading global risk assessment firm with over 13,000 employees across 40 countries, providing data and analytical solutions to help organizations make informed decisions.
Moody’s Corporation (NYSE:MCO) has acquired Bogard AB, a prominent data provider on politically exposed persons (PEPs) in the Nordic region. This acquisition enhances Moody’s Know Your Customer (KYC) screening capabilities, vital for combating financial crime. Bogard provides data on over 17,000 PEPs across Sweden, Norway, Denmark, and Finland, and its technology will integrate with Moody’s existing KYC solutions. Funded by cash reserves, the acquisition is not expected to materially impact Moody's 2021 financial results.
Moody's Corporation (NYSE:MCO) has appointed Christine Elliott as the new Managing Director - Head of Global Corporate Affairs. Elliott will lead stakeholder engagement across various sectors. Rob Fauber, CEO, emphasized the need for effective communication and outreach, which Elliott has already improved since her earlier role as Global Head of Communications. The Global Corporate Affairs unit integrates communications, corporate social responsibility, and government relations, aiming to enhance the understanding of Moody's value proposition in risk assessment.
Moody's Analytics has launched PortfolioStudio, a cloud-based credit portfolio management software designed to provide a comprehensive view of risks and opportunities within portfolios. The platform enables users to assess risks efficiently, supporting timely decisions based on consistent data and reporting. PortfolioStudio aims to enhance capital deployment in a complex market environment by allowing portfolio managers to identify risks and implement strategies effectively. It is part of Moody's award-winning ecosystem of financial solutions.
Moody's Corporation reported third-quarter 2021 revenue of $1.5 billion, a 13% increase from Q3 2020. Moody's Investors Service revenue reached $925 million, while Moody’s Analytics reported $601 million. Diluted EPS rose 2% to $2.53. The company raised full-year diluted EPS guidance to $11.65 - $11.85 and adjusted diluted EPS to $12.15 - $12.35. Operating expenses increased by 19% primarily due to recent acquisitions. Moody's continues to focus on investment in product development and high-growth markets.
FAQ
What is the current stock price of Moody's Corporation (MCO)?
What is the market cap of Moody's Corporation (MCO)?
What services does Moody's Corporation provide?
What recent achievements has Moody's Corporation made?
What is the primary revenue source for Moody's Corporation?
How many employees does Moody's Corporation have?
What is the significance of the Google Cloud partnership?
Where can I find more information about Moody's Corporation?
What are the main segments of Moody's Corporation?
How does Moody's Corporation contribute to financial markets?
What is the impact of Moody's proprietary datasets?
What is the mission of Moody's Corporation?
