Moody'S Corp Stock Price, News & Analysis

Moody's Analytics has been awarded the Best AI Technology Initiative at the 2020 American Financial Technology Awards for its QUIQspread™ solution. This tool automates the financial statement spreading process, using advanced AI and machine learning technologies to enhance efficiency and accuracy. Trained on data from over 22 million private firms, QUIQspread continuously improves its performance. Additionally, it has received accolades such as the Best Decision Management Solution and Best Financial Services AI Solution in prior awards.

Moody’s Analytics has partnered with VanEck to provide data and analytics for two new exchange-traded funds (ETFs): VanEck Vectors® Moody’s Analytics® IG Corporate Bond ETF (MIG®) and VanEck Vectors® Moody’s Analytics® BBB Corporate Bond ETF (MBBB®). These funds focus on the US corporate investment-grade market and BBB-rated securities, respectively. Moody’s Analytics will supply credit risk metrics via its CreditEdge solution to enhance investor decision-making. This collaboration comes as the ETF industry gains traction amid the ongoing economic challenges.

Moody's Analytics has achieved recognition in the Chartis RiskTech100®, securing wins in four categories, including Credit Risk for the Banking Book, Current Expected Credit Losses (CECL), Model Validation, and Enterprise Stress Testing. This marks their 10th win overall and highlights their expertise in providing solutions that help clients manage credit risk and comply with regulatory standards. The company emphasizes the importance of effective risk management during economic uncertainty.

Moody’s Corporation (NYSE: MCO) announced that Mark Kaye, Senior Vice President & Chief Financial Officer, will speak at the Goldman Sachs 2020 US Financial Services Conference on December 8, 2020. The presentation is set to begin at 10:00 a.m. Eastern Time and will be available via a live webcast. Interested parties can access the webcast on Moody's Investor Relations website. Moody's is a global risk assessment firm with over 11,400 employees, helping organizations make informed decisions and manage business risks.

Moody's Analytics achieved its highest ranking ever, moving to #2 in the 2021 Chartis RiskTech100®, up from #4 over the last two years. The firm secured eight category awards, including the inaugural Climate Risk award. President Steve Tulenko emphasized their commitment to helping customers navigate complex environments. Moody's Analytics focuses on innovative solutions to integrate risk assessment into business strategies. This recognition underscores their strong performance and strategy in the risk management technology sector.

On November 19, 2020, The Conference Board, in partnership with the Impact Genome Project and Moody's, launched a new suite of benchmarking tools aimed at optimizing philanthropic investments. Central to this initiative is the Price of Impact (POI) Index™, which provides insights into the cost of addressing various social issues. For example, the cost of providing one month of hunger relief is $533, while reducing an individual's carbon footprint costs $66. The initiative seeks to enhance the efficiency of societal investments amidst rising costs due to COVID-19.

Cox Automotive and Moody's Analytics have launched the Vehicle Affordability Index, a monthly measure that assesses new vehicle prices against U.S. consumer spending power. The Index, which stands at 33.13 weeks of income for median households, will help determine if vehicles are becoming more affordable or not. With rising transaction prices and decreasing household incomes, the affordability of new vehicles is declining. Analysts predict continued decreases in vehicle affordability without further federal fiscal policy actions.

Moody's Analytics has released updated forecasts for US commercial real estate (CRE) rents and vacancies, based on Q3 data covering eight property types and over 3,000 submarkets. Industrial properties are predicted to see a 4.5% decline in effective rents in 2021, while vacancy rates are expected to reach 11.8%. Nevertheless, a recovery is anticipated in 2022 with a 1.4% rent increase as demand for logistics facilities grows. In contrast, the retail sector will experience a record 7.5% drop in effective rents and may reach historic vacancy levels of 12.6% in 2021.