Moody's acquires Economy.com.Moody's (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ), a provider of credit ratings, research and analysis of debt instruments and securities, as well as credit risk processing and credit risk management products for banks and investors, has acquired Economy.com (West Chester West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , PA), an independent provider of economic research and data services, for $27 million in cash. Economy.com provides economic, financial, country and industry research for the planning and information needs of businesses, governments and professional investors worldwide. Services include country analysis and coverage of financial markets, industrial markets and regional markets. The company has over 500 clients, including commercial and investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , insurance companies, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms, mutual funds, manufacturers and utilities, and is employee-owned. Moody's said the deal deepens its analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. capabilities to broader areas of economic and demographic research and expands its range of products and services. Moody's ceo Raymond McDaniel said the purchase "is a sound combination that creates good opportunities for growth." |
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