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Stock Market & Financial Investment News

News Breaks
February 4, 2013
13:31 EDTMHP, MCODoJ 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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December 17, 2014
07:04 EDTMCOMoody's increases quarterly dividend, share repurchase authorization
On December 16, the Board of Directors of Moody's Corporation declared a regular quarterly dividend of 34c per share of MCO Common Stock, a 21% increase from the prior quarterly dividend of 28c per share. The dividend will be payable on March 10, 2015 to stockholders of record at the close of business on February 20, 2015. In addition, the Board authorized a new $1B share repurchase program. Moody's expects to commence repurchases under the new program following completion of the existing program, which had $1B of share repurchase authority remaining as of September 30, 2014. The company plans to repurchase shares subject to available cash, market conditions and other ongoing capital allocation decisions. As a result, the company's share repurchase activity may vary from quarter to quarter.
07:03 EDTMCOMoody's increases quarterly dividend, share repurchase authorization
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December 10, 2014
08:28 EDTMCOMoody's to hold a teleconference
Teleconference entitled, "North American Leveraged Finance 2015 Outlook" is being held on December 10 at 1:30 pm. Webcast Link
December 9, 2014
12:30 EDTMCOWells Fargo to hold a symposium
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08:34 EDTMCOMcGraw Hill Financial CMBS suspension company specific, says UBS
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