Moody’s Corp has expanded its global reach through strategic moves, including acquiring a majority stake in a Middle East credit rating agency and upgrading ratings for Mexican companies.
Moody’s Corporation has acquired a majority equity stake in Middle East Rating & Investors Service (MERIS), expanding its global footprint and presence in the Middle East and Africa.
Moody’s Corporation’s stock price has declined slightly following its latest earnings report, but a positive credit rating upgrade in Mexico has provided a glimmer of hope for the company’s reputation and financial standing.
Moody’s Corporation has experienced significant stock price growth, with a 77.1% increase in value over the past three years, driven by its expertise and reputation in the credit rating and research services industry.
Moody’s Corporation has strengthened its presence in Latin America by acquiring ICR Chile, solidifying its position as a trusted authority in the credit ratings and research industry.
Moody’s Corp’s recent stock price surge is not a reflection of the company’s underlying performance, but rather a result of its credit rating business, which lacks transparency and accountability.