McGraw Hill Financial (MHFI) Tops Q1 EPS by 9c
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McGraw Hill Financial Reports First Quarter Results
April 28, 2015 7:10 AM EDTNEW YORK, April 28, 2015 /PRNewswire/ -- McGraw Hill Financial, Inc. (NYSE: MHFI) today reported first quarter 2015 results with revenue of $1.27 billion, an increase of 6% compared to the same period last year. Net income and diluted earnings per share from continuing operations were $303 million and $1.10, respectively.
Adjusted net income from continuing operations increased 24% to $299 million and adjusted diluted earnings per share from continuing operations increased 25% to $1.09. The adjustments in the first quarter of 2015 were related to insurance recoveries for legal settlements largely offset by settlement charges.
"This is a good... More
Platts Report: China Oil Demand Climbed 6.5% Year over Year in March
April 28, 2015 4:15 AM EDTSINGAPORE, April 28, 2015 /PRNewswire/ --Â China's apparent oil demand* in March increased 6.5% from a year earlier to 44.73 million metric tons (mt), or an average 10.58 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data.
This was the highest growth rate witnessed since September 2014.
China's refinery throughput in March averaged 10.57 million b/d, rising 5.5% from a year earlier, data from the country's National Bureau of Statistics showed April 15. On the other hand, net oil product imports fell... More
