Moody's Corporation
News and overview for Moody's Corporation
Moody's reviewing Sinclair Broadcast for potential ratings upgrade
Orlando Sentinel (Fla.) | 46 days 9 hours 44 minutes ago
NEW YORK (AP) — Moody's Investors Service on Friday put Sinclair Broadcast Group Inc. on review for a possible upgrade after it commenced a refinancing of its debt and came to a deal to renegotiate a local marketing agreement.
New Issue-Antero Resources sells $375 mln in 8-yr notes
Reuters | 12 days 6 hours 56 minutes ago
Nov 12 (Reuters) - Antero Resources Finance Corp on Thursday sold $375 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service.
Westpac plans benchmark 10-year sterling bond -IFR
Forbes | 42 days 19 hours 1 minute ago
LONDON, Oct 13 (Reuters) - Australian group Westpac Banking Corporation plans to issue a 10-year benchmark senior sterling bond, IFR reported on Tuesday. Barclays Capital, JP Morgan and Westpac itself are managing the deal, said IFR Markets, a Thomson Reuters online news and market analysis service.
New Issue-Revlon sells $330 mln in 6-yr second lien notes
Reuters | 11 days 11 hours 45 minutes ago
Nov 13 (Reuters) - Revlon Consumer Products Corp (REV.N) on Friday sold $330 million of senior secured second lien notes in the 144a private placement market, said IFR, a Thomson Reuters service.
Reliance Industries quarterly profit down 6.4 pct on weak refining margins
Orlando Sentinel (Fla.) | 26 days 8 hours 28 minutes ago
MUMBAI , India (AP) — Indian oil, gas and petrochemicals giant Reliance Industries Ltd. said Thursday its profit fell 6.4 percent in the second quarter on smaller refining margins.
MUFG, Mizuho Sec to lead manage SEK Samurai bond
Forbes | 43 days 6 minutes ago
TOKYO, Oct 13 (Reuters) - The Swedish Export Credit Corporation (SEK) has named Mitsubishi UFJ Securities and Mizuho Securities to lead manage two tranches of 5-year Samurai bonds expected to be issued this month, documents filed with Japanese financial authorities said on Tuesday.
First Namisa pellet plant to come on stream in 2012, Brazil, Metals, news
BNamericas | 8 days 10 hours 46 minutes ago
Brazilian iron ore miner Namisa will start production at the first of its two 6Mt/y pellet plants planned for Minas Gerais state at end-2012, CEO Charles Putz said during the second annual Americas Iron Ore Conference in Rio de Janeiro on Monday.
SmartMoney
Wall Street Journal, The | 7 days 9 hours 53 minutes ago
It is not the best of times for an IPO of any description, but it is especially hard for small firms.
What lies ahead for loss-making Japan Airlines?
FinanceAsia.com | 7 days 6 hours 10 minutes ago
Japan Airlines posts a record loss, while US suitors American Airlines and Delta continue to circle.
Changes in home prices, forecasts, for 20 cities -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 46 days 11 hours 40 minutes ago
Home price data from 20 U.S. metropolitan statistical areas (median existing single-family home price at the end of the second quarter, or June 30; price change from a year earlier; percent change forecast for the year ahead):
Senate extends home-buyer tax credit and jobless aid -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 19 days 10 hours 11 minutes ago
Reporting from Los Angeles and Washington Alejandro Lazo -- Moving to shore up a still shaky economic recovery, the Senate unanimously agreed Wednesday to extend jobless benefits, continue the popular tax credit for first-time home buyers and offer a new tax break to homeowners who want to move up.
BRIEF-Moody's says Viasystems' B3 rtg and negatove outlook
Forbes | 48 days 1 hour 9 minutes ago
Oct 8 - Merix Corporation *Moody's ( MCO - news - people ) says Viasystems' B3 rating and negative outlook
NorthWestern Reports Third Quarter 2009 Financial Results --Reports Increase in Net Income Due to Income Tax Benefit--Reductions in Income Tax and Operating Expenses Offset Gross Margin Declines--Increases 2009 GAAP Earnings Guidance
CNBC | 27 days 3 hours 36 minutes ago
SIOUX FALLS, S.D., Oct 28, 2009 /em>PRNewswire-FirstCall<em> via COMTEX/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) reported financial results for the quarter ended Sept. 30, 2009.
No More Patchwork Solutions For State Budget
Hartford Courant (Conn.), The | 22 days 5 hours 45 minutes ago
Connecticut 's budget woes crystallized last week when Moody's Investors Service downgraded our credit rating to a "negative" outlook. Moody's citied one-shot budget solutions and over reliance on volatile revenue streams &#8212; specifically income taxes from wealthy Fairfield County residents employed in the financial services.
Outlook is grim for replacing jobs lost in recession despite other signs of economic recovery
Orlando Sentinel (Fla.) | 36 days 12 hours 2 minutes ago
WASHINGTON (AP) &#8212; Even with an economic revival, many U.S. jobs lost during the recession may be gone forever and a weak employment market could linger for years.
Company Overview
| Company: | Moody's Corporation |
|---|---|
| Industry: | Credit Reporting |
| Website: | http://www.moodys.com |
Moody's cheerfully performs the dismal science. The holding company for Moody's Investors Service, Moody's publishes credit ratings and other financial information on more than 100,000 commercial and government entities in about 100 countries. The firm operates in two segments. Moody's Investor Services rates such credit risks as insurers, bonds, managed funds, and securities. The company's famous letter ratings (ranging from Aaa to C) were invented by John Moody in 1909 and are still used today. Moody's Analytics, the cornerstone of which is Moody's KMV, sells credit risk management software and services to financial institutions.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,755.4 (2008) |
|---|---|
| One-year % Growth in Sales | -22.3 (2008) |
| Net Income in U.S. Dollars (mil.) | 457.6 (2008) |
| One-year % Growth in Net Income | -34.8 (2008) |
| Number of Employees | 3,900 (2008) |
| One-year % Growth in Number of Employees | 8.3 (2008) |
| Fiscal Year-End | December |