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
- Moody's (NYSE:MCO) had its price target raised by analysts at Wells Fargo & Company from $620.00 to $660.00. They now have an "overweight" rating on the stock.MarketBeat
- Moody's (NYSE:MCO) was upgraded by analysts at Daiwa America from a "hold" rating to a "strong-buy" rating.MarketBeat
- Q4 2025 Municipal Credit: The Quarter Was Dotted With Some Memorable Events [Seeking Alpha]Seeking Alpha
- Moody's Corporation Elects Lisa P. Sawicki to Board of Directors [Yahoo! Finance]Yahoo! Finance
- For the first time in Israel: Bank Leumi issues covered bonds to foreign investors - at a significantly higher rating than the State of Israel and at a lower interest rate [Yahoo! Finance]Yahoo! Finance
MCO
Earnings
- 10/23/25 - Beat
MCO
Sec Filings
- 1/12/26 - Form 8-K
- 1/6/26 - Form 4
- 1/5/26 - Form 4
- MCO's page on the SEC website