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Moody’s Completes Acquisition of Bureau van Dijk

Moody’s Corporation (NYSE: MCO) announced on August 10th 2017 that it has completed its acquisition of Bureau van Dijk, a global provider of business intelligence and company information. The acquisition strengthens Moody’s position as a leader in financial risk data and analytical insight. Moody’s announced that it had agreed to acquire Bureau van Dijk on May 15, 2017 and, on ... Read More »

Moody’s Q2 2017 Revenue Up 8%

Moody’s Corporation reported record revenue of $1.0 billion for the three months ended June 30, 2017, up 8% from the same period of 2016. Operating expense totaled $543.0 million, up 5% from the same period in 2016. Operating income was $457.5 million, up 12% from the prior-year period, and adjusted operating income (operating income before depreciation, amortization and expenses associated ... Read More »

CRISIL Gets Foothold in Rival CARE with 8.9% Stake Purchase

Credit-rating agency Crisil announced it had taken 8.9% stake in local rival Credit Analysis & Research (CARE), in what analysts said was the first step towards a potential acquisition of the company in the future. Crisil, a subsidiary of Standard & Poors, purchased 26.22 lakh shares at `1,659.79 from Canara Bank in a bulk deal executed early on Thursday morning, ... Read More »

ESMA Fines Moody’s for Credit Ratings Breaches

The European Union’s markets regulator has fined Moody’s (MCO.N) 1.24 million euros ($1.4 million) for failing to give investors sufficient information about how ratings on major institutions such as the EU were compiled. The European Securities and Markets Authority (ESMA) said Moody’s German and UK branches “negligently committed two infringements of the Credit Rating Agencies Regulation regarding their public announcement ... Read More »

Moody’s Analytics to Acquire Bureau van Dijk – Changing the Competitive Landscape in Commercial Credit Information

Moody’s Corporation (NYSE:MCO) announced that it has entered into a definitive agreement to acquire Bureau van Dijk, a global provider of business intelligence and company information, for €3.0 billion (approximately $3.27 billion). The acquisition extends Moody’s position as a leader in risk data and analytical insight. Highlights: Builds on Moody’s role as a global provider of credit risk measures and ... Read More »

US and China Announces a New Trade Agreement to Include Payment Services, Credit Rating Services and Bond Underwriting

The US Department of Commerce announced a new trade agreement with China. The biggest points in the 10-point plan are aimed at the LNG sector, American agriculture and financial sectors, which are being promised greater access in a range of areas. In addition to beef, China agreed to accelerate the process for approving U.S. biotechnology products. Beyond electronic payments, Beijing ... Read More »

S&P Global Market Intelligence Rolls Out Quality Program for Capital IQ and SNL Platforms

Program aims to deliver market-leading quality, timeliness, completeness and relevance to Market Intelligence clients      S&P Global Market Intelligence, a leader in multi-asset class research data and insight, announced the expanded roll out of its Quality Program to include the Capital IQ Desktop and Enterprise products. The Quality Program, long a hallmark of the SNL platform, encourages customers to identify and ... Read More »

Moody’s Database Reveals Insights into Corporate Debt Structure

Analysis of data from a database of debt instruments from Moody’s Investors Service may yield helpful insights ahead of the next economic downturn. The data reveals how default types change over time, how recoveries differ depending on the instrument’s position in a company’s debt structure and whether private-equity ownership influences recovery rates. Moody’s Ultimate Recovery Database traces close to 5,500 ... Read More »

SIMAH Launches Rating Agency TASSNIEF

The Governor of the Saudi Arabian Monetary Authority (SAMA) Inaugurates SIMAH’s Rating Agency (Tassnief) The governor of The Saudi Arabian Monetary Authority (SAMA), Dr. Ahmed Bin Abdel-Karim Al-Kholaify, officiated the inauguration on Wednesday March 1st, of the Saudi Credit Bureau’s (SIMAH) new Credit Rating Agency, Tassnief. The ceremony, in the presence of a number of Their Excellencies, held at the ... Read More »

Acquisitions and Analytics Solutions Buoyed 2016 Business Information Industry Results

It is the annual report season and BIIA has captured below the segment results of some of the most prominent information providers who had released their earnings up to February 25, 2017.  BIIA publishes company results on a regular basis, complete with charts, however the reports are password protected.  We are offering this review as an encouragement for our readers ... Read More »

Moody’s Acquires Structured Finance Data and Analytics Business of SCDM

Moody’s Corporation (MCO) announced that it has acquired the structured finance data and analytics business of SCDM, a leading provider of analytical tools for participants in securitization markets. SCDM, based in Frankfurt, serves a primarily European client base. The acquisition further extends the geographic footprint of Moody’s Analytics’ structured finance business and expands the capabilities of its growing data, analytics and ... Read More »