After initially moving higher following the company's Q2 earnings beat and FY11 guidance hike,...

|By:, SA News Editor

After initially moving higher following the company's Q2 earnings beat and FY11 guidance hike, Moody's (MCO -4.3%) shares have reversed course. Moody's and S&P execs are due to testify before Congress regarding attempts to reform the credit ratings industry, and the companies' role in the debt ceiling debate.