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Stock Market & Financial Investment News

News Breaks
February 4, 2013
13:31 EDTMCO, MHPDoJ plans to file civil charges against S&P Ratings Services, WSJ reports
The Department of Justice and state authorities are planning to file civil charges against S&P Ratings Services, which is owned by The McGraw-Hill Companies (MHP), related to the agency's rating of mortgage bonds before the 2008 financial crisis, according to a Wall Street Journal report that cites people familiar with the matter. The report says the charges are expected to be filed this week and come as after settlement talks between S&P and the Justice Department broke down. Shares of McGraw-Hill are currently trading down 97c, or 1.66%, to $57.37. Reference Link
News For MHP;MCO From The Last 14 Days
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April 24, 2014
07:28 EDTMCOMoody's, S&P seen posting record profits on bond bounceback, WSJ says
The two biggest U.S. ratings firms, McGraw Hill Financial's (MHFI) S&P Ratings and Moody's (MCO), are expected to post record Q1 profits amid a global resurgence in bond issuance, said The Wall Street Journal. Reference Link
April 22, 2014
07:26 EDTMCOInformation Management Network to hold a conference
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April 16, 2014
08:56 EDTMCOMoody's to hold a teleconference
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