(Bloomberg) -- Moody's Corp., whose founder created
credit ratings, said its revenue will rise faster than expected
this year because of rising demand to rate credit derivatives
and commercial mortgage-backed securities.
Moody's expects revenue growth to be in the ``mid- to high-
teens,'' the New York-based company said today in a statement.
The company had projected ``low-teens percent revenue growth''
for 2007.
Read more at Bloomberg Bonds News
credit ratings, said its revenue will rise faster than expected
this year because of rising demand to rate credit derivatives
and commercial mortgage-backed securities.
Moody's expects revenue growth to be in the ``mid- to high-
teens,'' the New York-based company said today in a statement.
The company had projected ``low-teens percent revenue growth''
for 2007.
Read more at Bloomberg Bonds News
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