June 18, 2013
Moody's Corporation (NYSE:MCO) is a provider of credit services to the capital markets. Moody's provides risk assessment and research on debt and its issuer in virtually all global markets. Moody’s was one of four other companies which were Nationally Recognized Statistical Rating Organizations prior to a 2006 law abolishing that SEC-designated title (S&P, Fitch's, A.M. Best, and Dominion Bond Rating Service were the others). However, Moody's is still heavily entrenched in the financial world as a trusted provider of independent, objective ratings on creditworthiness, especially within the domestic capital markets. It maintains ingrained services and brand, which arguably help insulate the company from heavy competitive entry to the field.
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