News Headline Summary

Fitch downgrades McGraw-Hill's IDR to BBB+ on watch negative

- Mcgraw-Hill downgrade reflects DoJ suit, related states' suits and potential impact on operations.

Update details:

- McGraw Hill own S&P, who are being sued by the DoJ regarding there ratings on MBS, before the financial crisis.

Print 22:08, 07 Feb 2013 - Asian News - Source: Newswires