Moody'S Corp Stock Price, News & Analysis

Moody’s Corporation (NYSE: MCO) will present at two upcoming conferences: the Bernstein 2020 Operational Decisions Conference on November 16 at 8:00 a.m. ET, featuring Stephen Tulenko, and the J.P. Morgan 2020 Ultimate Services Virtual Investor Conference on November 19 at 2:05 p.m. ET, featuring Raymond McDaniel, Jr. Both presentations will be available via live webcast on Moody’s Investor Relations website.

Moody’s, a global risk assessment firm, offers data and analytical solutions for informed decision-making, supported by over 11,400 employees in more than 40 countries.

Moody’s Analytics has partnered with The Business School at City, University of London to create a comprehensive database of loan-level commercial real estate (CRE) data covering the UK and Europe. This initiative aims to enhance market transparency and provide robust analytics for benchmarking, critical for lenders and market participants post-COVID-19. The partnership supports the creation of the world's largest credit risk data collection through the Moody’s Analytics Data Alliance, which already includes extensive US data on loans exceeding $588 billion.

Moody's Analytics has partnered with Intermoney Consultoría, a Spanish financial consulting firm, to enhance asset and liability management (ALM) solutions for banks in Spain. This collaboration addresses the growing need for robust financial risk management amid COVID-19 and low-interest rates. Intermoney will offer local advisory and support, leveraging its market expertise. The partnership aims to help banks optimize their balance sheets by integrating Moody's award-winning analytics with Intermoney's local resources, facilitating better decision-making for financial leaders.

Moody’s Analytics has launched a new Commercial Strategies Group (CSG) in Shenzhen, China, aiming to enhance its growth and customer service in the region. The CSG will utilize Moody's nearly 30 years of experience in China to develop market strategies, improve access to data, and innovate enterprise risk software. This establishment underscores Moody's commitment to leveraging Shenzhen's innovation as a financial center, enhancing customer engagement with its analytical tools and solutions.

Moody’s Corporation (NYSE:MCO) announces the retirement of Raymond McDaniel, Jr. as President and CEO effective December 31, 2020, after nearly 34 years with the company. He will transition to non-executive Chairman starting January 1, 2021. Robert Fauber, currently COO, has been elected as the new President and CEO, effective January 1, 2021. The Board expressed confidence in Fauber’s leadership, citing his extensive experience and achievements at Moody’s, which have positioned the firm for continued growth.

Moody's Analytics is hosting Ag Day 2020 on October 28, featuring discussions on agricultural financing in a challenging economic landscape. Keynote speaker Dr. David Kohl will address strategic business management for agricultural producers and lenders. The event aims to equip attendees with new tactics and tools to navigate the ongoing downturn in the industry. Notable speakers include Bill Cobb from the USDA and Delaney Howell from the Ag News Daily podcast, focusing on sustainable future planning and showcasing new Ag-focused technologies from Moody's Analytics.

Moody’s Corporation (NYSE:MCO) has acquired Acquire Media (AM) from Naviga, Inc., enhancing its Know Your Customer (KYC) solutions. AM’s technology aggregates information from over 18,000 global sources, offering real-time news and alerts, crucial for counterparty screening. This acquisition complements previous purchases of Bureau van Dijk and Regulatory DataCorp, facilitating integration of AM's offerings into Moody's Analytics. The deal, funded with cash on hand, is not expected to materially impact Moody’s 2020 financial results.