The McGraw-Hill Companies Inc


  • NEW YORK, July 29- BP Plc, Royal Dutch Shell Plc, Morgan Stanley and other companies urged a U.S. judge to dismiss nationwide litigation claiming they conspired for 12 years to fix prices of Brent crude oil, a benchmark for the cost of gasoline and heating oil.

  • *Net income $1.06/ shr vs. est 99 cents/ shr. July 28- McGraw Hill Financial Inc reported a better-than-expected quarterly profit, driven by growth in its Standard& Poor's ratings unit due to a resurgent bond market. Revenue from the S&P business rose 11 percent to $664 million in the quarter, accounting for nearly half of McGraw Hill's total revenue.

  • McGraw Hill 2Q profit rises 15 percent Tuesday, 29 Jul 2014 | 8:01 AM ET

    NEW YORK— McGraw Hill Financial Inc. on Tuesday reported profit that rose by 15 percent in its second quarter, and topped analysts' expectations. The New York- based company said profit increased to $292 million, or $1.06 per share, from $254 million, or 91 cents per share, in the same quarter a year ago.

  • S&P parent McGraw Hill's profit rises 17 pct Tuesday, 29 Jul 2014 | 7:21 AM ET

    July 28- McGraw Hill Financial Inc reported a 17 percent rise in quarterly profit, driven by growth in its ratings services due to an increase in bond issuances. Net income attributable to common shareholders rose to $292 million, or $1.06 per share, for the first quarter ended June 30, from $250 million, or 90 cents, a year earlier.

  • Standard & Poor's may face SEC charges over ratings Wednesday, 23 Jul 2014 | 6:52 PM ET

    In a regulatory filing, McGraw-Hill Financial Inc said it received a "Wells notice" on July 22 indicating the SEC is weighing filing civil charges for alleged securities law violations over S&P's ratings of six commercial mortgage-backed securities transactions issued in 2011..

  • SEC considering action against S&P over ratings Wednesday, 23 Jul 2014 | 5:56 PM ET

    S&P's parent McGraw Hill Financial Inc. disclosed in a regulatory filing that it has received a so-called "Wells Notice" from staff of the Securities and Exchange Commission. S&P has been cooperating with the SEC in the matter and will continue to do so, New York- based McGraw Hill said. SEC spokeswoman Gina Talamona declined to comment.

  • U.S. SEC weighs filing charges against S&P Wednesday, 23 Jul 2014 | 5:54 PM ET

    McGraw Hill said it received a "Wells Notice" from the U.S. Securities and Exchange Commission, alleging violations of federal securities laws by Standard& Poor's related to the ratings. S&P has been cooperating with the SEC, McGraw Hill said. McGraw Hill shares closed at $83.11 on the New York Stock Exchange on Wednesday.

  • Oil gains on sharp drop in US supplies Wednesday, 23 Jul 2014 | 3:12 PM ET

    The benchmark U.S. oil contract for September delivery gained 73 cents to $103.12 a barrel on the New York Mercantile Exchange. Brent crude for September delivery, a benchmark for international oils, rose 70 cents to $108.03 on the ICE Futures exchange in London.

  • Oil stays above $102 amid Gaza peace efforts Wednesday, 23 Jul 2014 | 5:35 AM ET

    The price of oil inched further above $102 a barrel Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions on Russia that fell short of a heavy hit.

  • Geopolitical tensions seen keeping oil prices high Tuesday, 22 Jul 2014 | 2:41 AM ET

    The price of oil rose above $103 a barrel Tuesday on persisting jitters over the situation in Gaza, the standoff over the shooting down of a Malaysian airliner in Ukraine and expectations of a fall in U.S. crude inventories.

  • Oil surges to near $103 as US stockpiles fall Thursday, 17 Jul 2014 | 5:17 AM ET

    By early afternoon in Europe, benchmark U.S. crude for August delivery was up $1.64 at $102.84 a barrel in electronic trading on the New York Mercantile Exchange. On Wednesday, the U.S. Energy Information Administration said U.S. crude oil inventories fell by 7.5 million barrels to 375 million barrels in the week of July 11.

  • NEW YORK, July 11- Barclays Plc's planned sale of its index business could yield close to $1 billion for the British bank, more than double what had been expected, according to people familiar with the matter.

  • NEW YORK, June 3- Standard& Poor's suffered a defeat Tuesday in litigation accusing it of inflating credit ratings prior to the 2008 financial crisis, as a federal judge ruled that lawsuits by 16 U.S. states and Washington, D.C. belong in state courts, not federal court.

  • NEW YORK, June 3- A federal judge ruled that lawsuits by 16 U.S. states accusing Standard& Poor's of fraudulently inflating its credit ratings belong in state courts, rejecting the McGraw Hill Financial Inc unit's argument that they should stay in federal court.

  • Treasury Secretary Timothy Geithner must hand over documents to Standard and Poor's relating to the ratings agency's claim that the United States sued it in retaliation for downgrading government debt.

  • The man pushing CEO pay to the stratosphere Tuesday, 29 Apr 2014 | 10:38 AM ET
    Bob Iger, CEO of Walt Disney Corp, John Donahoe, CEO of Ebay and Pierre Dauman, CEO of Viacom. These three companies' boards pay CEOs above the median of the company’s self-selected peers.

    Ira Kay, the top CEO-compensation consultant, is on a mission to defend rising executive compensation, despite outrage from shareholders.

  • April 29- Standard& Poor's owner McGraw Hill Financial Inc reported a 62 percent rise in quarterly profit, driven mainly by its indices business and Platts, its energy and metals information provider.

  • S&P owner McGraw Hill's profit rises 62 pct Tuesday, 29 Apr 2014 | 7:28 AM ET

    April 29- Standard& Poor's owner McGraw Hill Financial Inc reported a 62 percent rise in quarterly profit, driven mainly by strength in its financial information and indexes businesses.

  • *Reaffirms full-year earnings view of $3.90- $4.00/ shr. April 25- Credit rating agency Moody's Corp reported a stronger-than-expected quarterly profit, driven by higher income from its analytics unit.

  • District Judge David Carter in Santa Ana, California, nonetheless gave S&P, a unit of McGraw Hill Financial Inc, access to evidence that the lawsuit may have been in retaliation for the agency's Aug. 5, 2011 decision to lower the U.S. credit rating to "AA-plus" from "triple-A."