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Moody's (MCO) Up 6.2% Since Last Earnings Report: Can It Continue?
Thursday, March 14, 2024 - 6:17pm | 1210A month has gone by since the last earnings report for Moody's (NYSE: MCO). Shares have added about 6.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Moody's due for a pullback? Before we dive into...
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Prudent Investors Should Care About Moody's Downgrade Of U.S. Credit Outlook
Monday, November 13, 2023 - 10:06am | 1777To gain an edge, this is what you need to know today. Prudent Investors Should Care Please click here for a chart of the federal deficit. Note the following: The chart goes back to 1900. The chart shows that large federal deficits are a relatively recent phenomenon. The chart shows...
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15-Minute City London Aims To Be A Hotbed For Startups, Venture Capital Once Again
Tuesday, October 24, 2023 - 10:55am | 774Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...
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Moody's Mid-Morning Note Puts Sovereign Credit Default Fears On Blast
Monday, June 27, 2016 - 10:02am | 443Monday has been a bloodbath across assets. Money mangers, traders and retail participants alike are running around like goofballs trying to place capital in safe havens as uncertainty knocks a decade of hubris driven by central bank asset buying back to the ground where it belongs. Global...
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Moody's Raises Argentina Debt Rating After Presidential Elections
Tuesday, November 3, 2015 - 2:43pm | 606Argentina held its first round of presidential elections on October 25. The candidate representing the currently ruling party won the election, as expected. However, the margin of his victory was much lower than originally anticipated. This led Moody's Investors Service to upgrade the country...
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Japan Downgraded By S&P: What You Need To Know
Thursday, September 17, 2015 - 12:44pm | 472Standard & Poor’s downgraded Japan’s credit rating from AA- to A+. The firm justified the demotion as a sign of disapproval of Prime Minister Shinzō Abe’s economic strategy – often called Abenomics. Shares of the iShares MSCI Japan ETF (NYSE: EWJ), WisdomTree Japan...
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Simon Property Group Inc and Recent WPG Spin: Billions Bet On Glimcher Mall Assets
Wednesday, September 17, 2014 - 7:27am | 709Nobody saw this one coming, as all eyes were looking elsewhere. Simon Property Group Inc (NYSE: SPG) CEO and Chairman David Simon was very clear last week when he presented at the Barclays investor conference that he had no plans on investing in Australian mall assets, despite reports fueled by...
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London Gold Price 'Fix' May Be Fixed, Say Researchers
Tuesday, March 4, 2014 - 10:32am | 643The benchmark used to set the price of gold in London, known as the gold fix, may have been manipulated for 10 years by banks, according to Bloomberg. Professor Rosa Abrantes-Metz of New York University’s Stern School of Business and Albert Metz, managing director at Moody’s, said in a draft...
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Fitch Puts 'AAA' Credit Rating on USA on Watch for a Downgrade
Wednesday, October 16, 2013 - 9:34am | 390On a press release on Tuesday, Fitch announced that US’s government’s AAA rating will but put under “rating watch negative” as the discussion on the debt ceiling approaches the default deadline with impasse in Washington. Fitch is one of the nation's three largest credit rating agencies along...
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Moody's Downgrades Italy's Sovereign Rating Two Notches
Friday, July 13, 2012 - 11:36am | 389Late Thursday, Moody's Investor Services downgraded the sovereign credit rating of Italy to Baa2 from A3, citing a weaker economic outlook and rising funding costs. Moody's left Italy on negative outlook and maintains its short-term rating of Prime 2. The rate cut places Moody's rating one notch...
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Earnings Expectations for the Week of February 6
Sunday, February 5, 2012 - 5:39pm | 1330There will be plenty more quarterly reports this week for analysts and traders to peruse. On the schedule are Coca-Cola (NYSE: KO), Hasbro (NASDAQ: HAS), PepsiCo (NYSE: PEP), Time Warner (NYSE: TWX), Visa (NYSE: V), Walt Disney (NYSE: DIS), Whole Foods Market (NASDAQ: WFM) and Yum! Brands (NYSE:...
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Moody's Downgrade Of French Banks Imminent
Saturday, September 10, 2011 - 6:15pm | 90France's Largest Banks, BNP Paribas (BNPQY), Societe Generale (SCGLY) and Credit Agricole SA (CRARY), may have their credit ratings cut by Moody's Investors Service as early as next week, due to their Greek holdings, according to sources. The three banks have been on ratings review since June to...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 8:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Benchmark Raises PT On Moody's To $45
Tuesday, May 31, 2011 - 7:25am | 26Benchmark has raised the price target on Moody's Corporation (NYSE: MCO) from $43 to $45 and maintains its Buy rating.
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Moody's Announces Slight Downgrade For Portugal
Tuesday, April 5, 2011 - 8:35am | 158Moody's analysts cut Portugal's sovereign debt rating one notch Tuesday, taking a wait-and-see approach to the financial crisis surrounding the Portuguese debt load. "The limited migration of the rating to Baa1 (and not lower) in today's action, reflects Moody's assessment that assistance would be...