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FICO Fiscal Third Quarter 2013 Revenues up 15%

FICO announced financial results for its third fiscal quarter ended June 30, 2013.  The company reported revenues of $183.8 million for the quarter as compared to $160.5 million reported in the prior year period, an increase of 15%. Applications revenues, which include the company’s preconfigured Decision Management applications and associated professional services, were $115.0 million in the third quarter compared to ... Read More »

McGraw Hill Financial Revenues up 17%

McGraw Hill Financial, Inc. (NYSE: MHFI) reported revenue of $1.25 billion, an increase of 17% compared to the same period last year.  Net income and diluted earnings per share from continuing operations were $250 million and $0.90, respectively. Excluding the impact of one‐time costs related to the Growth and Value Plan, adjusted net income from continuing operations increased 28% to ... Read More »

Moody’s Q2 2013 Revenues up 18%

Moody’s reported revenue of $756.0 million for the three months ended June 30, 2013, up 18% from $640.8 million for the second quarter of 2012. Operating expenses for the second quarter of 2013 totaled $405.2 million, a 12% increase from the prior-year period.  Operating income for the quarter was $350.8 million, a 26% increase from $278.5 million for the same period last year. Adjusted operating income, defined as operating ... Read More »

Creditsafe Opens and Invests in Italy

“Italian bureaucracy?  It’s less problematic than I’d been told” smiles Cato Syversen, managing director of the Creditsafe Group, the Norwegian multinational supplier of business information on the creditworthiness and market position of companies.   He’s optimistic because his company has just opened in Italy and in the first four weeks of operations has already captured 170 new annual subscribers to ... Read More »

CoreLogic To Acquire Marshall & Swift/Boeckh (MSB) and DataQuick Information Systems For $661 Million

The acquisition Expands Data & Analytics (D&A) Segment and adds Unique and Complementary Data Assets and Analytic Capabilities CoreLogic® (NYSE: CLGX [FREE Stock Trend Analysis]), announced the Company has entered into a definitive agreement to acquire Marshall & Swift/Boeckh, a leading provider of residential and commercial property valuation solutions to the property and casualty insurance industry, and DataQuick Information Systems, a property data and ... Read More »

Credit Insurance Rebounds as Companies Seek To Lay Off Risk in Uncertain Times

‘In times of increasing insolvencies, more companies value trade credit insurance as effective management and risk control tools’ ‘Pre-qualification vetting of contractors reduces project disruptions and saves costs for surety bond beneficiaries’ Trade credit insurance insured exposure increased by 4.4% to € 1.92 trillion (2011: € 1.84 trillion) Premium increased by 3% to € 6.14 billion (2011: € 5.96 billion) ... Read More »

Creditreform Germany Reports 1.1% Revenue Growth for 2012

Creditreform Germany reported revenue growth of 1.1% to Euro 493.6 million (vs Euro 488.2 million 2011).  Consolidated revenues (including Central and Eastern Europe) revenues grew 1.2% to Euro 550.8 million. Uwe von Padberg, President of Creditreform stated that Creditreform’s business is characteristically stable, notwithstanding the general economic volatility.  During the past 10 years its revenues have grown at a steady ... Read More »

S&P Capital IQ Adds Credit Solutions Tool to Research, Data and News Platform

S&P Capital IQ announced the launch of a new suite of credit solutions designed to help assess both rated and unrated public and private companies globally with both “point-in-time” and “through-the-cycle” assessments. These solutions offer a wide range of capabilities to support comprehensive peer analytics, portfolio reviews and counterparty credit assessments as well as assist a wide variety of research, ... Read More »

BOL Q1 2013 Revenue Up 12%

Bangkok-based business information provider, Business Online (BOL), announced its financial results for the first quarter of 2013. Revenues were US$2.9 million, up 12% year-on-year.   BOL’s net income in the quarter was US$493,000, an increase of 6.6% compared to the same period last year.  Diluted earnings per share in the period were Baht 0.02. The majority of BOL’s revenues were ... Read More »

IRON Solutions Launches IRON Index

  BIIA member IRON Solutions will supply its IRON Index data to J.P. Morgan Equity Research for the J.P. Morgan quarterly report on the North American used agricultural equipment market, IRON announced today. Ann Duignan , Machinery Equity Analyst at J.P. Morgan, will publish the information from the IRON Index, which is IRON Solutions’ measurement of pricing levels in the ... Read More »

Moody’s Q1 2013 Revenues up 13%

For Moody’s Corporation overall, global revenue of $731.8 million for the first quarter of 2013 was up 13% from the first quarter of 2012. U.S. revenue of $406.1 million for the first quarter of 2013 increased 18% from the first quarter of 2012, while revenue generated outside the U.S. of $325.7 million increased 8% from the prior-year period. Revenue generated outside the U.S. represented 45% of ... Read More »

McGraw-Hill Companies Q1st 2013 Revenues up 14%

The Company reported first quarter 2013 revenue of $1,181 million, an increase of 14% compared to the same period last year.  Net income and diluted earnings per share from continuing operations were $153 million and $0.54, respectively.  Excluding the impact of one‐time costs related to the separation of McGraw‐Hill Education and legal settlements, adjusted net income from continuing operations increased ... Read More »

Arvato (Bertelsmann) Acquires Gothia Financial Group

The Bertelsmann subsidiary Arvato AG is acquiring Gothia Financial Group headquartered in Norway and thereby combining its financial services activities.  The combination with its subsidiary Arvato Infoscore as a nucleus makes Arvato Europe’s number 3 in the fast growing field of Business Information and Financial Services with a combined revenue of more than EUR 500 million.  Arvato and Herkules Capital, ... Read More »