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Stock Market & Financial Investment News

News Breaks
June 3, 2014
12:52 EDTMHFIJudge says S&P ratings lawsuits belong in state court, Reuters says
U.S. judge says states' lawsuits against McGraw Hill Financial over Standard & Poor's ratings should be sent back to state courts, says Reuters. The U.S district judge that made the ruling said that S&P failed to show that lawsuits belonged in federal court, added Reuters. Reference Link
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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.

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