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Moody's Corporation MCO - News Analyzed: 6,770 - Today: 100 - Last Week: 100 - Last Month: 500

⇑ Moody's Corporation MCO Bolsters Position with Full Acquisition of ICR Chile as Shares Show Continual Movement

Moody's Corporation MCO Bolsters Position with Full Acquisition of ICR Chile as Shares Show Continual Movement
Moody's Corporation (NYSE:MCO) has been having significant movement in its stock with different entities either purchasing or selling its shares. Firms like Bessemer Group Inc., Diversified Trust Co, and Asset Management One Co. Ltd have invested substantial amounts in Moody's shares, implying a show of confidence in its performance. Analysts seem bullish on Moody's and believe that analytics will primarily drive its growth. The corporation recently fully acquired ICR Chile, boosting its position in key Latin American markets. Despite some entities such as Chevy Chase Trust Holdings LLC reducing their holdings, many, such as Wealth Enhancement Advisory Services LLC, are buying more shares. Moody's earnings reports have been generally positive, with a significant 20% revenue growth recorded, pushing its strategic vision for 2025. However, there are cautions about its current share prices, with some suggesting that its business has yet to catch up with its share price. Moody's has also completed the full acquisition of ICR Chile.

Moody's Corporation MCO News Analytics from Wed, 18 Sep 2024 07:00:00 GMT to Sat, 28 Jun 2025 09:01:26 GMT - Rating 8 - Innovation 4 - Information 7 - Rumor 0

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