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Stock Market & Financial Investment News

News Breaks
July 23, 2014
17:06 EDTMHFIMcGraw Hill Financial receives Wells Notice from SEC
McGraw Hill Financial announced that on July 22, it received a "Wells Notice" from the SEC stating that the agency’s staff has made a preliminary determination to recommend that the Commission institute an enforcement action against Standard & Poor's Ratings Services, alleging violations of federal securities laws with respect to S&P's ratings of six commercial mortgage backed securities transactions issued in 2011, and public disclosure made by S&P regarding those ratings thereafter. In connection with the contemplated action, the staff may recommend that the SEC seek remedies that include a cease-and-desist order, disgorgement, pre-judgment interest, civil money penalties, and remedial sanctions such as revocation or suspension of S&P's NRSRO registration. McGraw Hill Financial added, "The Wells Notice is neither a formal allegation nor a finding of wrongdoing. It allows S&P the opportunity to provide its perspective and to address the issues raised by the Staff before any decision is made by the Commission on whether to authorize the commencement of an enforcement proceeding. S&P has been cooperating with the Commission in this matter and intends to continue to do so."
News For MHFI From The Last 14 Days
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March 3, 2015
06:12 EDTMHFIMcGraw Hill Financial division acquires Minerals Value Service
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March 2, 2015
10:33 EDTMHFIMcGraw Hill Financial backs FY15 EPS view $4.35-$4.45, consensus $4.40
Sees FY15 revenue guidance of mid single-digit growth, consensus $5.36B. Guidance taken from slides presentation prepared for Raymond James Conference.
March 1, 2015
16:27 EDTMHFIWood Mackenzie mulls GBP1.6B takeover bids, FT says
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February 26, 2015
07:29 EDTMHFIMcGraw Hill Financial Chairman expected to relinquish post, WSJ reports
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February 18, 2015
10:05 EDTMHFIOn The Fly: Analyst Initiation Summary
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06:35 EDTMHFIMcGraw Hill Financial initiated with a Positive at Susquehanna
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