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Stock Market & Financial Investment News

News Breaks
February 11, 2013
07:49 EDTMCO, MHPMoody's avoided a paper trail that drew DOJ to S&P, WSJ reports
Perhaps the reason that the Justice Department last week went after Standard & Poor's Ratings Services (MHP), and not its rival Moody's Investors Service (MCO), with a $5B fraud lawsuit is because Moody's took careful steps to avoid creating a trove of potentially embarrassing employee messages like those that came back to haunt S&P in the U.S.'s lawsuit, former employees say, reports the Wall Street Journal. Reference Link
News For MCO;MHP From The Last 14 Days
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June 13, 2013
07:52 EDTMCOMoody's to host a teleconference
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June 12, 2013
07:21 EDTMCOThe NYSSA to host a conference
23rd Annual High Yield Bond Conference is being held in New York on June 12.
June 11, 2013
10:03 EDTMCOOn The Fly: Analyst Downgrade Summary
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06:19 EDTMCOMoody's downgraded to Hold from Buy at Benchmark Co.
Benchmark Co. downgraded Moody's citing valuation and expectations for slowing Ratings revenue growth. The firm, however, raised its price target for shares to $71 from $60.
June 10, 2013
07:28 EDTMCOMoody's downgraded to Neutral from Buy at Lazard Capital
Lazard Capital downgraded Moody's citing valuation and the potential for issuance trends to slow in the second half of 2013.

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