Monday, February 4, 2013

Reuters: Global Markets: McGraw-Hill shares slide 12 percent after DoJ news

Reuters: Global Markets
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McGraw-Hill shares slide 12 percent after DoJ news
Feb 4th 2013, 20:30

NEW YORK | Mon Feb 4, 2013 3:30pm EST

NEW YORK (Reuters) - McGraw-Hill (MHP.N) shares shed 12.2 percent, their worst daily percentage decline since October 2008, after news the U.S. Justice Department plans to sue Standard & Poor's, a unit of McGraw-Hill, over its ratings in 2007 of some mortgage bond deals.

Moody's Corp (MCO.N) shares were down 7.4 percent.

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