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Moody’s Intrinsic Value

Value Investing News - Investor powered stock market ... found this 4/10/2009 on widemoatinvesting.wordpress.com

2008 was a tough year for Moody’s Corporation, with free cash flow (FCF) levels falling to 2003 levels, or $450 million. In our previous analysis, we argued that Moody’s economic moat has shrunk over the last couple of years, as its credit ratings for structured finance products proved ...