McGraw-Hill (MHP) Moves Off Lows, Lawyer Suggests U.S. Politically Motivated
Tweet Send to a FriendGet Alerts MHP Hot Sheet
Down)
Trade MHP Now!
The McGraw-Hill Companies, Inc. (NYSE: MHP) is moving off the lows of the day after the company's attorney Floyd Abrams made comments on CNBC about the DoJ lawsuit.
Abrams said while no one knows if the DoJ is politically motivated, he notes the intensity of investigation increased after S&P downgrade the credit rating of the U.S.
Shares down just 5% now after trading down over 8% before the interview.
Rival Moody's Corp. (NYSE: MCO) is also moving off the lows.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Abrams said while no one knows if the DoJ is politically motivated, he notes the intensity of investigation increased after S&P downgrade the credit rating of the U.S.
Shares down just 5% now after trading down over 8% before the interview.
Rival Moody's Corp. (NYSE: MCO) is also moving off the lows.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Yahoo! (YHOO) Board Said to Approve $1.1B Tumblr Deal
- Production of New Apple (AAPL) iPad to Ramp in July - Digitimes
- Best Buy (BBY) Hits New 52-Week High Into Q114 Report
Create E-mail Alert Related Categories
Rumors, Trader TalkRelated Entities
Standard & Poor's
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
