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Stock Market & Financial Investment News

News Breaks
July 24, 2014
06:43 EDTMCO, MHFIMcGraw Hill Financial regulatory risks look manageable, says Piper Jaffray
After McGraw Hill Financial (MHFI) disclosed receipt of a Wells Notice from the SEC, Piper Jaffray says the company's regulatory risks look manageable and that prior sell-offs on legal matters have presented buying opportunities. Piper does not believe peer Moody's (MCO) will be subject to the same investigation since it did not adjust its CDO ratings criteria in 2011. The firm keeps an Overweight rating on McGraw Hill Financial with an $87 price target.
News For MHFI;MCO From The Last 14 Days
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May 28, 2015
11:16 EDTMHFIJ.D. Power to acquire NADA's Used Car Guide business, terms not disclosed
J.D. Power, a business unit of McGraw Hill Financial, and the National Automobile Dealers Association, or NADA, announced an agreement under which J.D. Power will acquire NADA's Used Car Guide business, a source of used-vehicle values. The transaction is expected to close early in the third quarter of 2015 and is subject to Hart–Scott–Rodino Act review. The NADA Used Car Guide name will be used by J.D. Power for a period of time before transitioning to the J.D. Power brand.
May 19, 2015
07:13 EDTMCOBarclays to hold a conference
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