Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Moody's Corporation    MCO

Delayed Quote. Delayed  - 05/27 10:02:01 pm
98.73 USD   +1.20%
05/29 MOODY : Treasury mulls emergency measures to encourage growth
05/29 MOODY : confirms Gulf International Bank's standalone, long-term dep..
05/28 TREASURER : Philly finances ready for next interest-rate hike
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Moody's Names Ex-Pfizer Chief McKinnell As Chairman

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2012 | 11:13pm CEST

Moody's Corp. (>> Moody's Corporation) has named former Pfizer Inc. (>> Pfizer Inc.) chairman and chief executive Henry A. McKinnell Jr. as its new chairman, following the rating and analytics company's decision earlier this year to separate the roles of chairman and CEO.

Moody's also said CEO Raymond McDaniel Jr. will also take on the title of president.

McKinnell had served on Moody's board since the company went public in 2000, having joined from the board of Dun & Bradstreet Corp., Moody's former parent company. McKinnell most recently served as Moody's lead independent director.

After posting impressive earnings growth in the first two quarters of the year on strong issuance of corporate debt, Moody's has been challenged amid concerns about sovereign debt in Europe and the U.S. and a sluggish global economy.

Last month, Moody's posted a 30% drop in earnings in the fourth quarter and said performance is expected to progressively strengthen this year should positive signs in credit markets hold up.

Shares slid by a penny to $41.21 after hours. The stock is up 22% so far this year.

-By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; nathalie.tadena@dowjones.com

Stocks mentioned in the article : Moody's Corporation, Pfizer Inc.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on MOODY'S CORPORATION
05/29 MOODY : Treasury mulls emergency measures to encourage growth
05/29 MOODY : confirms Gulf International Bank's standalone, long-term deposit, and sh..
05/28 TREASURER : Philly finances ready for next interest-rate hike
05/28 MOODY : WAPA rate hike decision delayed
05/27 MOODY : Price At The Pump Doesn't Add Up To President Trump
05/27 RATING ACTION : Moody's Affirms Four and Downgrades Five Classes of CD 2006-CD3
05/27 INDIA EXPANSION, UK RESTRUCTURING TO : Moody's
05/27 BRIEF : Brunswick County given 'very high' bond rating
05/26 MOODY'S : Malta to benefit from strong economic growth in 2016-17
05/26 MOODY : Expects Growth of Bad Loans in Fall of GDP in Azerbaijan
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials