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 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.
Moody’s Corporation (NYSE: MCO) announced that Chief Financial Officer Mark Kaye will present at the Bernstein Operational Decisions Conference on November 4, 2021, starting at 8:00 a.m. Eastern Time. The event will be webcast live and accessible via the Moody’s Investor Relations website. Moody’s is a global integrated risk assessment firm offering data and analytical solutions to aid decision-making for over 11,500 employees in more than 40 countries.
The Canadian Securities Institute (CSI), a Moody's Analytics company, is supporting Financial Literacy Month in Canada by offering free resources to enhance financial knowledge. Through partnerships with financial service providers, CSI will conduct a series of four webinars on essential topics, including wealth transfer, financial careers for newcomers, and personal finance for women. This initiative aims to promote financial resilience among Canadians as they navigate an evolving financial landscape. Notable speakers include experts from TD Wealth and Raymond James.
Moody's Analytics has launched ABS Suite Plus, an advanced solution for structured finance administration and analytics. This platform enhances workflow automation and funding optimization, aiming to address the complexities faced by issuers. It supports various asset classes like credit cards and mortgages, improving operational efficiency and reducing risks. This development follows Moody’s acquisition of Deloitte’s ABS Suite Business, reinforcing their position in the market. Moody's Corporation reported a revenue of $5.4 billion in 2020.
Moody’s Analytics has launched proprietary climate risk scores on its commercial real estate platform, REIS. This innovation aims to quantify the climate exposure of commercial properties, assisting investors and lenders with risk assessment. It highlights acute and chronic risks affecting the CRE sector, such as floods and sea-level rise, which can disrupt market dynamics. The scoring methodology employs peer-reviewed models for reliable risk evaluation.
Moody’s Corporation (NYSE: MCO) has joined the Taskforce on Nature-related Financial Disclosures (TNFD), aiming to redirect financial flows towards nature-positive outcomes. This initiative involves collaboration with various organizations to develop a reporting framework addressing nature-related risks, which Moody's acknowledges as impactful to corporate performance. Research indicates that $2.1 trillion in debt across 12 sectors faces significant natural capital risk, highlighting the importance of integrating these risks into financial strategies. Moody's commitment aligns with its role in climate-risk reporting initiatives.
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