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McGraw-Hill Companies Inc. (MHFI)

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  • Jan. 19, 2012, 5:58 PM
    Activist investor Jana Partners discloses a 5.5% stake in Marathon Petroleum (MPC), according to an SEC filing, apparently making Barry Rosenstein's hedge fund MPC's largest shareholder. Jana has built a track record of pressing companies - MHP, EP - to break up, but it's not yet clear what it wants this time. MPC +3.2% AH.
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  • Jan. 19, 2012, 11:21 AM
    More on Apple's (AAPL +0.1%) digital textbooks: Apple has been working with Pearson (PSO), McGraw-Hill (MHP) and Houghton Mifflin Harcourt, which account for 90% of textbooks sold in the U.S., on its newly available iBooks 2 app. The market for electronic textbooks is estimated at $8B.
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  • Jan. 17, 2012, 4:04 AM
    Federal prosecutors are pushing forward with their probe of S&P's (MHP) ratings of troubled mortgage securities, sources say, after a delay that led many to believe the investigation had been all but abandoned. At issue is whether S&P ignored its own standards during the ratings process to gain favor with banking clients selling the securities.
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  • Jan. 13, 2012, 10:43 AM
    In spite of widespread complaints and government investigations regarding their pricing, e-book sales continue to soar. USA Today reports 32 of the top 50 titles on its bestseller list for Jan.2-Jan.8 saw higher e-book sales than print sales. In addition to being good news for AMZN, the high margins attached to e-book sales could make their growth a positive for publishers such as MHP. But for BKS, it's a very mixed blessing.
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  • Dec. 30, 2011, 12:55 PM
    McGraw-Hill (MHP -0.5%) says it's completed the sale of its former broadcasting group and its nine television stations to Scripps (SSP -0.6%) for $212M. The sale includes ABC-affiliated stations in Denver, Indianapolis, San Diego and Bakersfield, plus five stations affiliated with the Spanish-language Azteca America network in Colorado and southern California.
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  • Dec. 20, 2011, 9:43 AM
    The CEO of publishing house Simon & Schuster provides more evidence of how the Kindle (AMZN) and Nook (BKS) are upending the publishing landscape, stating e-books are expected to account for 17% of her company's 2011 revenue - up from 10% in 2010. Nate Hoffelder expects Q4's e-reader releases (I, II, III) to lead to another jump in e-book sales. (previously)
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  • Dec. 15, 2011, 5:11 PM
    Footnoted.com finds that McGraw-Hill (MHP) execs, ahead of the company's planned split, are improving their own layoff benefits - "And by 'improving,' we mean 'doubling to almost tripling.'" So much for the ~550 employees who'll be getting pink slips just in time for the holidays.
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  • Dec. 8, 2011, 8:17 AM
    The biggest U.S. banks will have to end their reliance on ratings agencies to assess the risk of their assets under proposed rules aimed at weakening the influence of the agencies. Some analysts reckon the regulations could reduce the demand for the services of S&P (MHP), Moody's (MCO) and Fitch (FMLCF.PK).
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  • Dec. 6, 2011, 5:02 PM
    "The rating agencies are getting this one really wrong," says Jim Chanos, curious as to why the U.S. and Europe face downgrades while China and its banking sector get a pass. Profitably short "anyone involved in the China real estate boom" - from Mainland banks and developers to Australia's miners - Chanos believes the crash is upon us.
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  • Nov. 15, 2011, 3:38 PM
    Little has changed in world of bond ratings, even after Dodd-Frank was supposed to shake it up. Moody's (MCO), S&P (MHP), and Ftich still dominate the business (98% of the municipal market vs. 94% in 2007) and have plenty of pricing power. "We don't look to compete on price," says Moody's. No wonder Warren Buffett likes it.
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  • Nov. 10, 2011, 2:02 PM
    Some e-reader facts from a giant infographic made by RetailMeNot: the % of U.S. adults with an e-reader doubled to 28M between Nov. '10 and May '11; e-book sales accounted for 8.3% of book sales in 2010; Amazon (AMZN) sells 143 e-books for every 100 hardcovers; and 53% of e-reader owners say they read more now than 6 months ago, compared with 18% of non-owners. (IDC data)
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  • Nov. 4, 2011, 8:41 AM
    McGraw-Hill (MHP) and CME Group (CME) announce a partnership to combine the existing S&P Indices business with the Dow Jones Indexes business and leverage licensing fees for their array of products. McGraw-Hill will own 73% of the new joint venture, CME Group will own 24.4% through its affiliates, and Dow Jones will hold 2.6%.
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  • Nov. 1, 2011, 12:05 AM
    Notable earnings before Tuesday's open: ABC, ADM, AMT, BHI, EMR, ETR, EXPD, FE, FIS, HCA, MAC, MHP, NXPI, OHI, OSK, PCS, PFE, PNW, RDC, SIRI, THC, TRI, VLO, VSH, WPI
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  • Oct. 20, 2011, 7:19 AM
    McGraw-Hill Companies (MHP): Q3 EPS of $1.21 misses by $0.02. Revenue of $1.91B (-2.5% Y/Y) misses by $140M. (PR)
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  • Oct. 20, 2011, 12:05 AM
    Notable earnings before Thursday's open: ALXN, AN, BAX, BBT, BSX, BX, CBE, CPX, CY, DHR, DO, ECA, ERIC, FITB, FLIR, FNFG, HBAN, IR, JNS, KEY, LH, LLY, LUV, MHP, NBL, NOK, NUE, NYT, PM, PPG, T, TCB, UNP
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  • Oct. 4, 2011, 7:10 AM
    McGraw-Hill (MHP) unloads its nine-station broadcasting group to E.W. Scripps for $212M. The company cashes in on a "non-strategic asset" as it works toward completing its split into two "pure play" companies.
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Company Description
McGraw Hill Financial Incis a benchmarks & ratings, analytics, data and research provider serving the capital, commodities and commercial markets.
Sector: Services
Country: United States