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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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August 15, 2014
07:19 EDTMCOSEC near finalizing new tougher rules for credit raters, WSJ says
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August 11, 2014
15:23 EDTMCOJPMorgan to hold a conference
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06:58 EDTMCOUBS to hold a conference
UBS Financials 1:1 Conference to be held in Chicago on August 11.

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