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Moody’s Corporation Second Quarter 2014 Revenues Up 16%

Moody’s reported revenue of $873.5 million for the three months ended June 30, 2014, up 16% from $756.0 million for the second quarter of 2013. Operating expenses for the second quarter of 2014 totaled $461.8 million, a 14% increase from the prior-year period.  Operating income for the quarter was $411.7 million, a 17% increase from $350.8 million for the same ... Read More »

Acxiom Appoints Kerry Hatch As Chief Operating Officer, Global Client Services

Leads Sales Strategy, Operations and Deal Development Acxiom® appointed Kerry Hatch as Chief Operating Officer, Global Client Services, further strengthening its executive bench. Hatch, a world-class executive with a solid track record of transforming and leading successful business operations, will report to Nada Stirratt, Acxiom’s Global Chief Revenue Officer, and will be responsible for global revenue strategy, deal development and ... Read More »

Platts Acquires Eclipse Energy Group, Deepening Its Analytical Expertise in European Gas, Power and Global LNG Markets

Deal Supports Strategy of Linking Price and Fundamentals to Provide Unique Insights Platts announced that it has acquired London-based Eclipse Energy Group, a privately owned provider of data and analysis on the European gas, power and global liquefied natural gas (LNG) markets. The acquisition will enable Platts, a business of McGraw Hill Financial (NYSE: MHFI), to combine Eclipse Energy’s analytics with Platts’ pricing information ... Read More »

Big Data Startup CloudPhysics Hires Jeff Hausman as CEO

CloudPhysics, a big data startup founded by former VMware employees, said Tuesday it hired former Symantec and Hewlett-Packard executive Jeff Hausman to be its CEO.  Hausman joins CloudPhysics from Symantec, where he spent the past two-plus years as senior vice president of its $1 billion Information Availability and Intelligence unit. Existing CloudPhysics CEO John Blumenthal, who co-founded the Mountain View, ... Read More »

Apple & IBM Forge Global Partnership to Transform Enterprise Mobility

By bringing together the analytics and enterprise-scale computing of IBM with the elegant user experience of iPhone and iPad, this partnership will deliver a new level of value for businesses. Apple and IBM announced an exclusive partnership that teams the market-leading strengths of each company to transform enterprise mobility through a new class of business apps – bringing IBM’s big data and analytics capabilities to ... Read More »

IBM to Utilize Big Data, the Internet of Things and Cognitive Computing to Help Beijing on Energy and Health Issues

IBM said its research labs will aim to help China revamp its energy system and healthcare over the next 10 years via big data, the Internet of Things and cognitive computing. The effort is led by IBM’s China research unit. Terms of the deal weren’t disclosed. IBM said it had a collaboration agreement with the Beijing Municipal Government.  The two ... Read More »

Experian Q1 Revenues (fiscal 2015) Up 4% (3% Organically)

In the three months to 30 June 2014, total revenue from continuing activities increased by 4%, at constant exchange rates growth was 3% and organic revenue was unchanged. The difference relates mainly to the acquisitions of The 41st Parameter (41st Parameter) and Passport Health Communications (Passport) and to the translation effect of the movement in British pound sterling relative to ... Read More »

Experian Launches the Next Generation Decision Management Platform in EMEA

PowerCurve™ provides smarter and faster decisions across the Customer Life Cycle Experian® announced the EMEA-wide availability of PowerCurve™,a its successful latest generation decision management platform, which is currently being deployed by a number of leading global and regional banks and financial organizations to help them drive profitable growth, ensure sharper risk management and implement higher-performing portfolios using advanced analytics, multiple ... Read More »

First Data Raised $3.5 Billion Private Placement Led By KKR

Marking a year of significant transformation under its new management team, First Data Corporation today announced that First Data Holdings Inc., the direct parent company of First Data, has received commitments to purchase approximately $3.5 billion of its common equity in a private placement.  The net proceeds from the private placement will be used to strengthen the company’s balance sheet ... Read More »

eBureau & Oxxford Information Technology Team Up in Strategic Alliance

eBureau and Oxxford Information Technology, a leader in banking, insurance and business analytics, are pleased to announce a long-term strategic alliance to offer a comprehensive solution for accurately assessing fraud and credit risk at time of acquisition and measuring the probability of recovering customer debt from small businesses. With the combination of Oxxford’s business data, representing almost 97 percent of all ... Read More »

FICO Survey: U.S. Banks Under-Leveraging Customer Loyalty

Customers take advantage of competitive environment to shop around for credit and investment products; Millennials represent best growth opportunity A comprehensive survey of U.S. bank customers conducted for FICO found that banks are under-leveraging their loyal customer bases,  missing out on opportunities to increase top-line growth by cross-selling additional services.  Consumers today use 6.05 banking services on average, but use only 3.37 of ... Read More »

FICO Appoints Kevin Deveau Head of FICO Canada

FICO (NYSE:FICO has appointed Kevin Deveau to lead FICO’s Canadian operations. Deveau, a native of Quebec City, has 30+ years of experience providing information technology solutions to clients in the financial services, insurance, health care, retail and government sectors. Since Deveau joined FICO in 2010, he has been one of the company’s top client partners, securing more than $50 million ... Read More »

Moody’s Secures Majority Equity Ownership Stake in ICRA

Moody’s Corporation (NYSE:MCO) announced that it has secured a majority equity ownership stake in ICRA Ltd., a leading provider of credit ratings and research in India, increasing its stake from 28.5% to over 50.0%. “The successful conclusion of our offer for a majority stake in ICRA will allow us to extend our strong ties as we work together to serve ... Read More »