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Moodys News

News on Moodys (Ticker: MCO) continually updated from thousands of sources around the net.

1 hr ago | Seeking Alpha

Moody's (MCO) CEO Ray McDaniel on Q2 2014 Results - Earnings Call Transcript

Good day, and welcome, ladies and gentlemen, to the Moody's Corporation Second Quarter 2014 Earnings Conference Call.

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Related Topix: Financial Services

5 hrs ago | Bloomberg

Moody's Tops Second-Quarter Profit Estimates on Ratings

Moody's Corp. , owner of the second-largest credit-ratings company, reported quarterly profit that beat analysts' estimates as higher corporate bond issuance boosted demand for credit rankings.

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Related Topix: Financial Services, US News

10 hrs ago | Reuters

UPDATE 1-Moody's profit beats on higher revenue from bond ratings unit

Credit rating agency Moody's Corp reported a higher-than-expected quarterly profit as revenue rose from its bond ratings business, and the company raised its full-year revenue growth forecast.

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Related Topix: Financial Services

14 hrs ago | Ledger-Enquirer.com

Moody's 2Q profit climbs 42 percent

The New York-based company said profit rose to $319.2 million, or $1.48 per share, from $225.5 million, or $1 per share, in the same quarter a year earlier.

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Related Topix: Financial Services

15 hrs ago | Hispanic Business

Moody's Corporation Declares Quarterly Dividend

Moody's Corporation is the parent company of , which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management.

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Related Topix: Financial Services

Thu Jul 24, 2014

ABS-CBN News

Household-loan lack helps explain low PH output

There have not been enough household loans happening in the Philippines in recent years, and this lack of credit stimulus helped perpetuate an economy where the so-called bank-penetration rate is one of the lowest, New York-based global credit watcher Moody's Investors Service said.

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Related Topix: Financial Services

Reuters

WRAPUP 3-U.S. jobless claims hit more than 8-year low, but home sales tumble

The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction.

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Related Topix: Housing, Financial Services, West Chester, PA, Chester, PA, Financial Markets

The Washington Post

Investors worry over looming Puerto Rico debt

Bond traders and ratings agencies are growing increasingly alarmed that the billions of dollars in debt incurred by Puerto Rico and its public corporations could go unpaid, after the commonwealth passed a measure in June that would allow entities to restructure debt.

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Related Topix: Rico, CO, Financial Services, Entertainment, Television

TheStreet.com

McGraw Hill Financial Retreats After Receiving Wells Notice

McGraw Hill received the Wells Notice because the SEC's staff made a preliminary recommendation that the agency take an enforcement action against the company, McGraw Hill reported.

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Related Topix: Financial Services

Wed Jul 23, 2014

The Washington Post

Atlantic City's Credit Rating Cut Two Steps to Junk by Moody's

Atlantic City , New Jersey , the gambling hub that's been pummeled by regional competition in the U.S. Northeast, had its credit rating cut two levels to speculative grade by Moody's Investors Service.

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Related Topix: Atlantic City, NJ, Financial Services, Science / Technology

Reuters

Standard & Poor's raises view on New York state debt

Standard & Poor's raised New York state's debt rating one notch away from a top investment grade on Wednesday due to stronger budgeting practices in state government.

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Related Topix: Financial Services

Tue Jul 22, 2014

The Times-Tribune

House majority leader seeks to rein in PA debt as Moody's downgrades again

Majority Leader Mike Turzai, R-28, Pittsburgh, is introducing a bill to set annual spending limits for the state capital budget.

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Related Topix: Financial Services, Avoca, PA

Mon Jul 21, 2014

WFMJ-TV Youngstown

Pennsylvania sees 3rd rating downgrade in 2 years

New York-based credit ratings agency Moody's Investors Service is slapping a lower rating on Pennsylvania's debt for the second time in two years, as state government grapples annually with built-in budget deficits.

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Related Topix: Pennsylvania, Financial Services, Financial Markets, Associated Press, Rick Perry, US Governors

Reuters

UPDATE 1-Moody's cuts Pennsylvania rating to Aa2 on budget concerns

Moody's Investors Service downgraded its rating on Pennsylvania debt to Aa3 from Aa2 on Monday, the third consecutive year that a new state budget has prompted a credit cut.

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Related Topix: Financial Services, US Governors, Tom Corbett

Business Wire

Moodya s Analytics July U.S. Macro Outlook: The Productivity Puzzle

In the report, Chief Economist Mark Zandi analyzes why US real GDP growth stalled during the first half of 2014 as job growth quickened across a wider range of industries, regions and pay scales.

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Related Topix: Immigration Reform, Financial Services

Thu Jul 17, 2014

Hotel News Resource

Investment Rating Service Slams Gaming Industry - By John Hendrie

You would think that the Gaming Industry would be screaming with outrage with the most recent down outlook by Moody's Investors Service, revising its' update of the industry from stable to negative.

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Related Topix: Gaming, Financial Services, Deadwood, SD, Hotels

Wed Jul 16, 2014

Bloomberg

Industrial Production in U.S. Climbed 0.2% in June, Fed Says

Industrial production climbed 0.2 percent in June, capping the strongest quarter in almost four years and indicating manufacturers are providing a bigger spark for the U.S. economy .

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Related Topix: Financial Services, Pennsylvania

Reuters

Cote d'Ivoire sets final guidance on US$750m 10-year bond

Cote d'Ivoire, rated B1 by Moody's and B by Fitch, has set final guidance on its 10-year US dollar benchmark bond at a yield of 5.75% area .

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Related Topix: Financial Services, Citigroup, Banking

Left At The Gate

More Local Lawsuits As State Continues to Not Expand Casinos

It's funny sometimes with these occasional encounters that Cuomo has with the press corps....or I suppose in any similar situation with most any politician....that the reporters all seem to pick up on the same quotes - in this case: "The state is not building any casinos, and the state is not spending any money here......These are private companies ... (more)

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Related Topix: Andrew Cuomo, Financial Services, US Governors

Tue Jul 15, 2014

DurhamRegion.com

Durham keeps Triple A rating

The Region has maintained its Triple A credit rating with Moody's Investors Service of New York, despite Moody's recent move to lower the provincial rating to 'Aa2 negative' from 'Aa2 stable.'

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Related Topix: Financial Services

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