TITLE

Moody's Corp.: 3Q Profits Climbed 12%

AUTHOR(S)
Helen Chang
PUB. DATE
October 2004
SOURCE
Bond Buyer;10/28/2004, Vol. 350 Issue 31999, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information that Moody's Corp., parent company of Moody's Investors Service, yesterday said third-quarter profits climbed 12% as low interest rates and residential mortgage rates spurred issuance and demand for its ratings and research business. Third-quarter net income grew to $95.5 million from $85.6 million a year earlier. Revenues rose to $357.9 million in the third quarter from $305.0 million a year earlier.
ACCESSION #
14891561

 

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