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The Latest Breaking News from Moody

Bank of England doubles down on bond deals as Chancellor Kwasi Kwarteng heads to IMF

Jitters about market and UK economy remain

Evening Standard

Pakistan ‘strongly contests’ Moody’s ratings downgrade

Concerns are rising about Pakistan’s ability to pay for imports such as energy and food, and meet sovereign debt needs.

Al Jazeera

Flood-ravaged Pakistan contests ratings downgrade by Moody's

Pakistan is contesting a downgrade of its rating by Moody’s Investors Service, insisting it has adequate reserves and financing to repay foreign debt even after the worst flooding in its history

The Independent UK

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China’s property crash: ‘a slow-motion financial crisis’

In the first part of a series, the impact of falling house prices is spreading to local government finances and the broader economy

Financial Times

Dow Jones Futures: Treasury Yields Fall With Inflation Data Due; Nike Dives On Inventories

Futures signaled a new bounce as Treasury yields fell ahead of the Fed's favorite inflation gauge. Nike plunged on inventory woes.

Investors Business Daily

Moody’s warns against Kwarteng’s ‘unfunded’ tax cuts after IMF intervention

Global ratings agency questions ‘credibility of government’s fiscal strategy’ in stinging statement

The Independent UK

Fosun International Sells Assets as Short-Term Cash Crunch Looms

Key Takeaways: Fosun has sold down its stake in New China Life, its latest move to raise cash as it faces large debt maturing in the next 12 months The company is also selling down stakes in its Fosun Tourism unit, owner of the Club Med resort chain, and appears…

Benzinga

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Elon Musk Calls Out Moody's As 'Irrelevant' In Evaluating Tesla's Credit Rating

Tesla, Inc. (NASDAQ: TSLA) investors harbor a sense of disappointment over rating agencies giving junk status to their favorite company’s credit.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 10, 2022

Benzinga

Moody’s Projects Saudi Economy to Grow 3.9% by 2026

Moody’s credit rating agency has expected Saudi Arabia’s economy to register an average growth rate of around 3.9 percent during the period from 2022 to 2026. In an annual in-depth credit analysis report, it said the Kingdom’s credit strengths are derived from its robust government balance sheet, underpinned by moderate…

Asharq Al-Awsat

Five things to know about the next US housing crisis

High home prices, scarcity and global uncertainty may be the perfect recipe for a US housing crisis, economists say.

Al Jazeera

Here's How Much $1000 Invested In Moody's 5 Years Ago Would Be Worth Today

Moody's (NYSE:MCO) has outperformed the market over the past 5 years by 7.8% on an annualized basis producing an average annual return of 16.94%. Currently, Moody's has a market capitalization of $50.02 billion.

Benzinga

Moody's affirms Australia's AAA rating

Treasurer Jim Chalmers has welcomed Moody's affirmation of Australia's AAA credit rating.

AAP

NATO to invite Finland and Sweden to join after Turkey lifts objections

NATO leaders will formally invite Finland and Sweden to join the alliance Wednesday after the two Nordic countries reached an agreement with Turkey, NATO chief Jens Stoltenberg said Tuesday. Turkish President Recep Tayyip Erdogan’s office said Helsinki and Stockholm agreed “to cooperate fully with Turkey in its fight” against the…

France 24

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Asharq Al-Awsat

Ratings Firm Moody’s to Shut Moscow Office at End of Month

Credit rating firm Moody's will formally shut its office in Russia's capital Moscow at the end of the month, sources told Reuters, with staff either being cut or relocated elsewhere. Western sanctions mean the main USand European-based rating agencies Moody's, S&P Global and Fitch have all suspended their operations in…

AAP

House price falls won't help affordability

Falling house prices won't help housing affordability because interest rates are on the rise, global credit agency Moody's Investors Service has warned.

Benzinga

Analyzing Moody's's Short Interest

Moody's's (NYSE:MCO) short percent of float has risen 14.81% since its last report. The company recently reported that it has 3.43 million shares sold short, which is 1.86% of all regular shares that are available for trading.

The Guardian - AU

Eastern Australia’s power crisis eases with enough electricity to meet weekend demand

Australian Energy Market Operator says situation has improved ‘markedly’ since Wednesday when entire market was suspended

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Bangkok Post

Looming debt crunch positions Laos as next possible Asia default

Laos, with dwindling cash reserves and surging inflation, is facing some of the same strains that pushed Sri Lanka to default and threatens Pakistan’s balance of payments.

Benzinga

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today

Moody's (NYSE:MCO) has outperformed the market over the past 5 years by 7.24% on an annualized basis producing an average annual return of 16.1%. Currently, Moody's has a market capitalization of $47.62 billion.

Daily Mirror

Why are properties being down valued - and does it mean you'll lose your dream home?

Buyers are reporting an increase in downvaluations, where the home they want is suddenly valued at less than the mortgage they need to buy it, leaving them with few options

Sports Illustrated

New Report Shows That UFC Makes Over $1 Billion per Year

The Dana White-led promotion continues to grow at an exponential rate.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 8, 2022

Upgrades

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 3, 2022

Benzinga

Expert Ratings for Moody's

Over the past 3 months, 18 analysts have published their opinion on Moody's (NYSE:MCO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

1 … 13 14 15 16

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