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Rating agency Moody's profits up 42pc

Friday, July 25 12:46:23

Credit rating agency Moody's reported a 42 percent rise in quarterly profit, driven by higher revenue from its analytics and bond rating businesses.

Net income attributable to Moody's rose to $319.2 million, or $1.48 per share, in the second quarter ended June 30 from $225.5 million, or $1 per share, a year earlier.

For more see: www.businessworld.ie