Layoffs and spending cuts loom as coronavirus wallops state and city budgets [CNN]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: CNN
New York Gov. Andrew Cuomo, a Democrat, called McConnell's remarks "just dumb" on Thursday. "States should declare bankruptcy? That's how you're going to bring this national economy back?" he said.Bankruptcy is not an option for states. Federal bankruptcy code does not allow state governments to declare bankruptcy, though municipalities can.Democrats have said they hope to passanother coronavirus relief packageEvery form of state revenue has been hitWhile one prominent former Republican governor, Nikki Haley of South Carolina -- who also served as President Donald Trump's UN ambassador --publicly chastised states for fiscal mismanagementAll major forms of state and municipal revenue are cratering as people lose their jobs or incomes and stop shopping because they are staying home. Personal income taxes, capital gains, corporate profits, sales taxes and gas taxes, as well as gaming, tourism and oil revenue, are all expected to decline."There really won't be a source of tax revenue that
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MCO
News
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MCO
Earnings
- 10/23/25 - Beat
MCO
Sec Filings
- 12/3/25 - Form 144
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- MCO's page on the SEC website