Moody's Corporation (MCO) has been prevalent in various news over diverse topics. It came to light that
Wells Fargo & Company MN and
Franklin Resources Inc. sold significant quantities of MCO shares, while
Corient Private Wealth LLC and
Donoghue Forlines LLC scooped up considerable shares.
President and CEO Robert Fauber also sold some of his holdings. The company showed
steady growth in Q4 and FY 2023, and it continued to surpass the revenue forecasts in Q1 2024. Within this period, the prices increased, and the company even beat revenue estimates due to steady demand for
analytic services. Despite the stock's strength, MCO experienced some quakes, including a slow growth potential and relatively high valuation. Looking to the future, Moody's expressed intent on integrating
Artificial Intelligence and undertook a partnership with
Google Cloud for such financial applications. As part of its management and organization, MCO named N
oémie Heuland as their
CFO and Atsi Sheth ascended to be the Chief Credit Officer. Additionally, the corporation collaborated with the New York Giants and Jets as a partner for MetLife Stadium.
Moody's Corporation MCO News Analytics from Tue, 27 Jun 2023 07:00:00 GMT to Sun, 26 May 2024 11:16:01 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -6
