Moody’s reported revenue of $430.7 million for the three months ended March 31, 2008, a decrease of 26% from $583.0 million for the same quarter of 2007. Operating income for the quarter was $199.3 million, a 35% decline from $304.7 million for the same period last year. Diluted earnings per share were $0.48 for the first quarter of 2008, 23% lower than $0.62 in the first quarter of 2007.   Source: Moody’s Press Release

To read the entire story go to page 15 (April 2008 Issue)

BIIA Newsletter April 2008 Issue