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Moody's Corporation (MCO) Stock News, Jul-Nov 2024

MCO NYSE

Moody's Corporation provides credit ratings, data, research, risk insights, and analytics technologies for financial institutions, enterprises, and market participants. News about MCO commonly covers financial results and outlook updates, Regulation FD presentations, developments in Moody's Investors Service, Moody's Ratings, and Moody's Analytics, and the company's work embedding decision-grade intelligence into enterprise AI workflows.

Recurring announcements also address partnerships with major technology platforms, Moody's Agentic Solutions, credit and compliance workflow tools, blockchain financial infrastructure through the Token Integration Engine™, and applications of climate and physical-risk models in financial products. Governance and management updates appear alongside product, data, and market-infrastructure developments.

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Moody's (NYSE: MCO) has announced that Chief Financial Officer Noémie Heuland will present at the J.P. Morgan Ultimate Services Conference on November 14, 2024. The presentation is scheduled for 1:50 p.m. Eastern Time and will be accessible via live audio webcast through Moody's Investor Relations website at ir.moodys.com. The event complies with Regulation FD, and management may reference this content in future meetings with analysts and investors.

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Moody's (NYSE: MCO) has announced its third quarter 2024 results and provided an updated outlook for the full year 2024. The company reported record-breaking revenue performance in Q3, which CEO Rob Fauber attributes to Moody's status as the Agency of Choice for customers and its efforts to ensure future growth. The analytics business showed strong recurring revenue growth, driven by investments and innovation that enhance offerings and provide customers with insights to navigate complex risk environments.

Moody's will host a teleconference on October 22, 2024, at 11:30 a.m. ET to discuss the results. The webcast and its replay will be accessible through Moody's Investor Relations website. Dial-in details for U.S. and Canada (+1-888-596-4144) and other callers (+1-646-968-2525) are provided, with passcode 515 6491. A replay will be available until November 21, 2024.

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Moody's (NYSE:MCO) has secured the top ranking in the Chartis RiskTech100® 2025 report for the third consecutive year. This prestigious recognition highlights Moody's exceptional ability to provide customers with a comprehensive view of risks through research, data, and analytics. Rob Fauber, President and CEO of Moody's, emphasized the company's commitment to innovation and rapid delivery of new technologies to customers.

In addition to the overall top position, Moody's won in 12 individual categories, including Market Presence, Strategy, Functionality, Banking, Insurance, and Climate Risk. Sid Dash, Chief Researcher at Chartis, praised Moody's effective use of technology and continuous expansion of analytical tools across various business lines.

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Moody's (NYSE: MCO) has announced the release date for its third quarter 2024 results. The earnings will be released before NYSE trading opens on Tuesday, October 22, 2024. The company will host an investor teleconference at 11:30 a.m. ET on the same day, featuring Rob Fauber, President and CEO, and Noémie Heuland, CFO.

The earnings release and supplemental presentation slides will be available on Moody's Investor Relations website. Investors can access the webcast and its replay through ir.moodys.com. For those joining by phone, U.S. and Canada callers can dial +1-888-596-4144, while other callers should use +1-646-968-2525, with the passcode 515 6491.

A replay will be available immediately after the call until November 21, 2024. For further information, investors can contact Investor Relations at ir@moodys.com.

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Moody's (NYSE:MCO) has acquired Praedicat, a leading provider of casualty insurance analytics. This acquisition enhances Moody's risk assessment capabilities by adding comprehensive casualty and liability modeling to its suite of insurance solutions. Praedicat's models and predictive analytics help insurers and reinsurers navigate risks associated with catastrophic events, including product and environmental liabilities.

The integration of Praedicat's capabilities will provide Moody's casualty insurance industry customers with a holistic approach to understanding risk exposure. This move builds on Moody's 2021 acquisition of RMS and advances its investments in new analytics and growth in the casualty market. The transaction terms were not disclosed, and it is not expected to have a material impact on Moody's 2024 financial results.

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Moody's (NYSE: MCO) has announced its participation in two upcoming investor conferences. Stephen Tulenko, President of Moody's Analytics, will present at the Goldman Sachs Communacopia + Technology Conference on September 10, 2024, at 12:30 p.m. Eastern Time. The following day, Noémie Heuland, Chief Financial Officer, will speak at the Barclays Global Financial Services Conference on September 11, 2024, at 10:30 a.m. Eastern Time.

Both presentations will be accessible via live webcasts on Moody's Investor Relations website, ir.moodys.com. The company will also make presentation materials available on the same platform, providing investors with valuable insights into Moody's operations and financial outlook.

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Moody's (NYSE: MCO) has announced that Stephen Tulenko, President of Moody's Analytics, will be presenting at the Oppenheimer Annual Technology, Internet and Communications Conference on Monday, August 12, 2024. The presentation is scheduled to begin at approximately 9:05 a.m. Eastern Time.

The event will be webcast live and can be accessed through Moody's Investor Relations website at ir.moodys.com. This presentation is in compliance with Regulation FD, and the content may be used by senior management in future meetings with analysts and investors.

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Moody's (NYSE: MCO) has reported its results for the second quarter of 2024, showcasing double-digit revenue growth. The company's performance was primarily driven by its ratings franchise, which CEO Rob Fauber described as 'best-in-class'. The strong financial results are fueling product development and innovation efforts.

Additionally, Moody's has entered into strategic partnerships with leading industry players to expand the reach and availability of its data and insights. The company has also provided an updated outlook for select metrics for the full year 2024. Detailed financial information and earnings materials are available on Moody's Investor Relations website and will be filed with the SEC.

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Moody's (NYSE:MCO) has announced its participation in the fixed income workstream of Project Guardian, an initiative launched by the Monetary Authority of Singapore in 2022. The project aims to enhance liquidity and efficiency in financial markets through asset tokenization while managing risks to financial stability and integrity.

Moody's plans to provide risk analysis for tokenized fixed income products, which may include securities, fund units, stablecoins, and tokenized deposits. This independent risk assessment is intended to enhance market transparency, reduce systemic risks, and facilitate the growth of the tokenization industry.

The company's involvement reflects its commitment to innovation, transparency, and risk analysis in financial markets, as well as its excitement about the potential of tokenization to transform the financial landscape.

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Moody's (NYSE: MCO) will announce its second quarter 2024 financial results before the NYSE opens on July 23, 2024. The earnings release and supplementary slides will be accessible on Moody's Investor Relations website. A teleconference hosted by Rob Fauber, President and CEO, and Noémie Heuland, CFO, will take place on the same day at 1:00 p.m. ET to discuss the results, followed by a Q&A session. The webcast and its replay can be accessed via Moody’s Investor Relations website, and a dial-in replay will be available until August 22, 2024.

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FAQ

What is the current stock price of Moody's (MCO)?

Moody's (MCO) last closed at $505.67.

What is the market cap of Moody's (MCO)?

The market cap of Moody's (MCO) is approximately $87.2B.