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Moody's Official Says Bank Downgrades Will Be Delayed To Assess JP Morgan, Euro -Bloomberg

DOW JONES NEWSWIRES Moody's Investors Service plans to delay its publication of bank downgrades as it evaluates the impact of J.P. Morgan Chase & Co.'s (JPM) trading losses and the prospect of a euro breakup, Bloomberg News reported, citing an unnamed Moody's official. However, a Moody's spokeswoman said the timetable for "concluding bank rating reviews" hasn't changed. The spokeswoman said in an email that "Moody's expects to conclude the reviews by the end of June." Moody's announced in February that it would review the credit ratings of 114 banks in 16 European countries. The ratings agency delayed its timetable in April, saying it would reach downgrade decisions on some of the banks in May. Full story at http://www.bloomberg.com/news/2012-05-14/moody-s-said-to-delay-bank-downgrades-amid-crisis-jpmorgan-loss.html -Dow Jones Newswires; 212-416-2900

Stock News for Moodys (MCO)
DateTimeHeadline
09/22/201607:45:00Moody’s Analytics Launches the RiskBench™ Platform for Benchmarking and...
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09/13/201616:04:45Statement of Changes in Beneficial Ownership (4)
09/13/201616:03:53Statement of Changes in Beneficial Ownership (4)
09/12/201616:10:47Statement of Changes in Beneficial Ownership (4)
09/12/201616:09:23Statement of Changes in Beneficial Ownership (4)
09/12/201616:08:33Statement of Changes in Beneficial Ownership (4)
09/12/201616:07:12Statement of Changes in Beneficial Ownership (4)
09/12/201610:00:00Moody’s Analytics Launches the MARQ™ Portal and Credit Score for...
09/07/201617:08:52Statement of Changes in Beneficial Ownership (4)
09/01/201619:00:48Statement of Changes in Beneficial Ownership (4)
09/01/201616:08:02Statement of Changes in Beneficial Ownership (4)
08/31/201616:07:04Statement of Changes in Beneficial Ownership (4)
08/27/201615:35:00Transcript: Bank of Mexico Gov. Agustín Carstens Interview in...
08/25/201608:30:00Do improving credit conditions foretell sunny skies for small...
08/15/201616:05:06Statement of Changes in Beneficial Ownership (4)
08/11/201616:07:07Statement of Changes in Beneficial Ownership (4)
08/09/201616:09:05Statement of Changes in Beneficial Ownership (4)
08/09/201616:07:50Statement of Changes in Beneficial Ownership (4)

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