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) will present at the Deutsche Bank Technology Conference on September 9, 2021 at 4:00 p.m. ET with CIO Mona Breed speaking. Additionally, CFO Mark Kaye will speak at the Barclays Global Financial Services Conference on September 15, 2021 at 10:30 a.m. ET. Both presentations will be available via live webcast on Moody’s Investor Relations website.
As a global integrated risk assessment firm, Moody’s empowers decision-makers with insights and data to manage business risks effectively.
Moody's Corporation (NYSE: MCO) has updated its management presentation for investors, available on ir.moodys.com. The presentation includes Q2 2021 results and revised full-year 2021 guidance as of August 5, 2021. This action complies with Regulation FD, allowing senior management to discuss updated insights during meetings with analysts and investors.
Moody's is a global risk assessment firm with over 11,500 employees across 40 countries, dedicated to helping organizations make informed decisions.
Moody’s Analytics achieved the #2 ranking in Chartis Research's inaugural STORM50 list, which recognizes top quantitative solution providers in finance. The firm excelled in 14 of 55 categories, leading in Breadth & Coverage, Impact, Strategy, and Innovation. This reflects Moody’s robust modeling expertise and innovative solutions that help clients navigate risk. According to Sid Dash from Chartis, this ranking emphasizes Moody’s strength in quantitative technologies and analytics across various financial sectors, including banking and insurance.
Moody's Corporation (NYSE: MCO) has announced its acquisition of RMS, a top provider of climate and natural disaster risk modeling, for approximately $2.0 billion from Daily Mail and General Trust plc. This acquisition will boost Moody's insurance data and analytics revenue to nearly $500 million and enhance its global risk assessment capabilities. RMS is expected to generate around $320 million in revenue for the fiscal year ending September 30, 2021. Moody's aims to leverage RMS's expertise to strengthen its offerings across various risks, including climate, cyber, and supply chain.
Moody’s Corporation (NYSE: MCO) has announced that Stephen Tulenko, President of Moody’s Analytics, will present at the UBS Financial Services Virtual Conference on August 10, 2021, at 5:00 p.m. Eastern Time. The event will be webcast live, accessible through Moody’s Investor Relations website.
Moody’s is a global integrated risk assessment firm, employing over 11,500 individuals across more than 40 countries, specializing in data and analytical solutions to help organizations make informed business decisions.
Moody's Corporation (NYSE: MCO) reported strong second quarter 2021 results, with revenue of $1.6 billion, an 8% increase from last year. Key highlights include a 4% revenue rise in Moody’s Investors Service and a 15% increase in Moody’s Analytics. The company raised its full-year revenue growth forecast to the low-double-digit percentage range and adjusted diluted EPS guidance to $11.55 to $11.85. Operating income was $801 million, a 13% rise year-over-year, while the operating margin stood at 51.6%. Moody's continues to prioritize shareholder returns through share repurchases and dividends.
Moody's Analytics and the American Council of Life Insurers (ACLI) have praised the National Association of Insurance Commissioners' (NAIC) adoption of revised risk-based capital (RBC) factors for bond investments, impacting approximately $3 trillion in assets. The new framework increases risk categories from six to 20, enhancing risk assessment for life insurers and improving regulatory oversight. This update, based on more current data, aims to bolster consumer protection by ensuring life insurers' solvency is more effectively monitored.
Moody’s Corporation (NYSE:MCO) announced the election of Zig Serafin to its Board of Directors, effective July 14, 2021. Serafin will serve on the Audit, Governance & Nominating, and Compensation & Human Resources committees, expanding the Board to ten directors. His experience includes serving as CEO of Qualtrics and various senior roles at Microsoft, where he focused on enterprise collaboration and artificial intelligence. His addition aims to enhance the perspectives and experiences of Moody’s stakeholders, including stockholders and employees.
Moody's Analytics has enhanced its commercial real estate solutions by integrating loan-level data from commercial mortgage-backed securities (CMBS). This update expands the accessible dataset to approximately 170,000 properties and 130,000 loans within the Moody's Analytics REIS platform. Customers can now analyze financial metrics and tenant lease data from outstanding CMBS loans. The proprietary CMBS dataset provides insight into over 12 years of active deals, covering $828 billion in outstanding debt. This integration aims to offer a more comprehensive view of risk profiles across real estate portfolios.
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