PHILADELPHIA, Dec. 9, 2025 /PRNewswire/ -- The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE: ACP PRA) ("Series A Preferred Shares"). The distribution is payable on December 31, 2025, to holders of Series A Preferred Shares of record on December 19, 2025 (ex-dividend date December 19, 2025).The Series A Preferred Shares trade on the NYSE under the symbol "ACP PRA", ...

RBC Capital将穆迪的目标价从550美元上调至610美元，维持"买入"评级。(格隆汇) ...

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both BB Seguridade Participacoes SA (BBSEY) and Moody's (MCO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, wh ...

Moody’s Corporation (MCO) is a premier provider of financial intelligence worldwide, structured around Moody’s Investors Service and Moody’s Analytics. The company has a market capitalization of $87.56 billion, which classifies the company as a “large-cap” stock. Moody’s Investors Service provides impartial credit evaluations, in-depth research, and tools to assess the creditworthiness of debt securities, governments, corporations, and institutions, helping investors evaluate credit reliability. More New ...

Federal Reserve and Interest Rates - The Federal Reserve will hold its last FOMC meeting of 2025 on December 9-10, with market participants anticipating a 25 basis-point cut in the benchmark lending rate, marking the third rate cut of 0.25% in 2025 [1] - The CME FedWatch tool indicates an 84.7% probability of a 25-basis-point rate cut in December, a significant increase from 42% the previous week, with the current Fed fund rate at 3.75-4% [1] Financial Technology (Fintech) Industry - The fintech sector's performance is inversely related to interest rate movements, benefiting from a low-interest-rate environment which fosters technological improvement and product innovation [3] - The expansion of mobile and broadband networks, along with advancements in AI and machine learning, positions fintech for significant growth, revolutionizing banking, payments, and investments [4] Investment Recommendations - Five financial technology companies are recommended for investment based on favorable Zacks Ranks: Robinhood Markets Inc. (HOOD), Interactive Brokers Group Inc. (IBKR), Fair Isaac Corp. (FICO), SoFi Technologies Inc. (SOFI), and Moody's Corp. (MCO) [5] - Each of these companies currently holds either a Zacks Rank 1 (Strong Buy) or 2 (Buy) [5] Company-Specific Insights Robinhood Markets Inc. (HOOD) - Robinhood operates a financial services platform allowing users to invest in various assets, with expected revenue and earnings growth rates of 21% and 16.2% respectively for next year [10] - The company has seen improved trading revenues due to higher retail participation and solid trading activity, supported by a robust liquidity position [9][10] Interactive Brokers Group Inc. (IBKR) - IBKR's revenue growth is supported by proprietary software development, lower compensation expenses, and an expanding global footprint, with expected revenue and earnings growth rates of 5.5% and 8.1% respectively for next year [12][13] Fair Isaac Corp. (FICO) - FICO benefits from strong performance in its Scores and Software segments, with expected revenue and earnings growth rates of 19.7% and 31.3% respectively for the current year [16] - The company is expanding its scoring models and has seen increased adoption of its software solutions [15] SoFi Technologies Inc. (SOFI) - SOFI is positioned as a leader in online banking services, with expected revenue and earnings growth rates of 25.5% and 65.1% respectively for next year [19] - The company focuses on innovation and strategic partnerships to enhance its market presence [18] Moody's Corp. (MCO) - Moody's is expanding through strategic acquisitions and has a strong position in the credit rating industry, with expected revenue and earnings growth rates of 6.8% and 11.3% respectively for next year [23] - The company is benefiting from a rebound in bond issuance volume and has made significant acquisitions to enhance its market presence [22]

Core Insights - Odyssey Logistics has experienced a rapid deterioration in its debt rating, with Moody's cutting its corporate family rating to Caa-1 from B3, marking the second downgrade in less than three months [1][2] - The Caa-1 rating is classified as "junk" and is significantly below investment grade, indicating a high risk of default [2] - Prior to the recent downgrades, Odyssey held a B2 rating, which was affirmed in March 2024 [3] Rating Details - The latest downgrades occurred despite Moody's maintaining a "stable" outlook on Odyssey, which is unusual as downgrades typically follow a negative outlook [4][5] - The current Caa-1 rating is one notch below S&P Global Ratings' B- rating, which has remained unchanged since June [2] Financial Performance - Odyssey is ranked as the 80th largest brokerage with gross revenue of $169 million, which is relatively small compared to larger competitors that typically have publicly-traded debt [6] - Moody's cited high leverage and weak interest coverage as primary concerns, attributing these issues to a challenging freight market characterized by weak pricing and low volumes, leading to lower earnings and negative free cash flow [7]

Core Insights - Entegra LLC is integrating Moody's Corporation's cash flow analytics into its Trading as a Service (TaaS) platform to enhance trading visibility, transparency, and efficiency [1] Company Collaboration - The collaboration combines Moody's structured finance capabilities with Entegra's technology-driven market-making framework [1] Technology Integration - Embedding Moody's cash flow analytics into Entegra's TaaS architecture aims to improve the overall trading experience [1]

Core Viewpoint - Moody's has upgraded Italy's sovereign credit rating to Baa2 and changed the outlook to "stable," reflecting the country's political stability and effective economic policies [1][1][1] Group 1: Rating Upgrade - Moody's had maintained Italy's credit rating at Baa3 since October 2018 until this recent upgrade [1] - The upgrade indicates a robust and sustained performance in Italy's political stability and economic policy [1][1] Group 2: Economic and Fiscal Reforms - The upgrade is attributed to the effectiveness of economic and fiscal reforms, particularly under the "National Recovery and Resilience Plan" (PNRR) [1] - Italy is making good progress in achieving milestones and targets set by the PNRR, ranking among the top EU countries in terms of payment requests and disbursement amounts [1][1] Group 3: Government Response - Italy's Minister of Economy and Finance, Giancarlo Giorgetti, expressed satisfaction with Moody's decision, viewing it as a sign of confidence in the government's efforts and Italy's economic recovery [1]

Group 1 - Moody's has raised Brazil's GDP growth forecast for 2025 from 2% to 2.1% [1] - Brazil's GDP growth rates for 2026 and 2027 are expected to remain at 2% due to economic diversification and export growth [1] - China is expected to remain a significant market for Brazil's commodity exports [1]

Core Viewpoint - Moody's reported strong Q3 earnings with adjusted earnings per share of $3.92, exceeding estimates and reflecting a 22.1% year-over-year growth [2][3] Financial Performance - Revenues reached $2.01 billion, surpassing the consensus estimate of $1.96 billion, and increased by 10.7% year-over-year [4] - Total expenses were $1.09 billion, a 1.4% increase year-over-year, while adjusted operating income rose 22.5% to $1.06 billion, with an adjusted operating margin of 52.9% [4] - Net income attributable to Moody's was $646 million, or $3.60 per share, up from $534 million, or $2.93 per share, in the prior-year quarter [3] Segment Performance - Moody's Investors Service revenues increased by 11.8% year-over-year to $1.10 billion, driven by strong performance across various finance sectors [5] - Moody's Analytics revenues rose 9.4% year-over-year to $909 million, supported by growth in Decision Solutions, Research and Insights, and Data & Information [5] Balance Sheet and Cash Flow - As of September 30, 2025, Moody's had total cash and short-term investments of $2.26 billion, down from $2.97 billion at the end of 2024 [6] - The company reported $7 billion in outstanding debt and $1.25 billion in additional borrowing capacity [6] Share Repurchase and Guidance - Moody's repurchased 1 million shares at an average price of $503.66, with $398 million remaining in share repurchase authorization [7] - The company raised its guidance for adjusted earnings to $14.50-$14.75 per share and projected revenue growth in the high-single-digit percent range [8][9] Strategic Initiatives - Moody's is implementing a Strategic and Operational Efficiency Restructuring Program aimed at generating annual savings of $250–$300 million, with substantial completion expected by the end of 2026 [13] Market Outlook - Following the earnings release, there has been an upward trend in estimates, with a consensus estimate shift of 7.98% [14] - Moody's holds a Zacks Rank 2 (Buy), indicating expectations for above-average returns in the coming months [17]