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Moody's profit up 14 pct as U.S. bond issuance rises
February 6, 2015 / 12:12 PM / in 3 years

Moody's profit up 14 pct as U.S. bond issuance rises

Feb 6 (Reuters) - Credit rating agency Moody’s Corp reported a 14 percent rise in quarterly profit, driven by an increase in bond issuance in the United States.

Net income attributable to Moody’s rose to $236.3 million, or $1.12 per share, in the fourth quarter ended Dec. 31, from $206.7 million, or 94 cents per share, a year earlier. (Reporting by Neha Dimri in Bengaluru; Editing by Saumyadeb Chakrabarty)

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