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Stock Market & Financial Investment News

News Breaks
July 7, 2014
07:57 EDTMCO, AGOAssured Guaranty weakness overdone, says UBS
UBS noted shares of Assured Guaranty (AGO) declined 10% on fears of a Puerto Rico municipal default. The firm said that although the company has exposure it has the excess capital and liquidity to complete its share repurchase program and could issue a new buyback authorization, noting a recent Moody's rating affirmation, its $500M debt issuance in June, and its excess capital position. UBS lowered its price target on Assured Guaranty to $28 from $31 but keeps its Buy rating on the shares.
News For AGO;MCO From The Last 14 Days
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May 1, 2015
07:06 EDTMCOMoody's backs FY15 EPS view $4.55-$4.65, consensus $4.58
Raymond McDaniel, CEO of Moody’s, said, “We are reaffirming our full-year 2015 earnings per share guidance of $4.55-$4.65 despite our expectations for uneven global growth as well as the strength of the U.S. dollar at current exchange rates.” Global MIS revenue for FY15 is still expected to increase in the mid-single-digit percent range. However, U.S. revenue is now expected to increase in the high-single-digit percent range and non-U.S. revenue is now expected to increase in the low-single-digit percent range. Global MA revenue for FY15 is still expected to increase in the mid-single-digit percent range. However, U.S. revenue is now expected to increase in the low-double-digit percent range and non-U.S. revenue is now expected to increase in the low-single-digit percent range.
07:04 EDTMCOMoody's reports Q1 EPS $1.11, consensus $1.03
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April 30, 2015
15:01 EDTMCONotable companies reporting before tomorrow's open
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