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Stock Market & Financial Investment News

News Breaks
August 24, 2013
19:53 EDTMCOMoody's wins dismissal of suit challenging ratings independence. Reuters says
In a decision made public on Friday, Moody's and its CEO Raymond McDaniel have won the dismissal of a lawsuit accusing the parent of Moody's Investors Service of defrauding shareholders by making false statements about the independence and objectivity of its credit ratings, says Reuters. The decision by U.S. District Judge George Daniels in Manhattan said the shareholders bringing the lawsuit failed to show a sufficient link between the alleged misstatements and declines in Moody's share price, added Reuters. Reference Link
News For MCO From The Last 14 Days
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February 11, 2016
07:22 EDTMCOMoody's to hold a teleconference
Teleconference entitled, "Pemex's Global & Local Ratings Review " provides a discussion on the role of the government of Mexico in providing support to Pemex and is being held on February 11 at 10 am. Webcast Link
February 8, 2016
07:44 EDTMCOMoody's price target lowered to $96 from $116 at UBS
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February 5, 2016
07:03 EDTMCOMoody's sees FY16 EPS $4.75-$4.85, consensus $5.01
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07:01 EDTMCOMoody's reports Q4 EPS $1.09, consensus $1.05
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