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During 3Q15, $MCO designated EUR400MM of the 2015 senior notes as a net investment hedge to mitigate FX exposure relating to euro denominated net investments in subsidiaries. There would be an approx. $40MM unfavorable adjustment to OCI if the euro were to strengthen 10% relative to the U.S. dollar.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.