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McGraw-Hill shares slide 12 percent after DoJ news
February 4, 2013 / 8:36 PM / 5 years ago

McGraw-Hill shares slide 12 percent after DoJ news

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.

Reporting by Caroline Valetkevitch

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