News Headline Summary
US and State prosecutors plan to file civil charges against McGraw-Hill's (MHP) S&P according to sources
Reaction details (19:20)
- In immediate reaction to this headline co. shares fell 1.7% to hit a low at USD 56.79; trades USD 57.32 last.
- In reaction to this headline Moody's (MCO) shares also moved lower by 1.1%.
Analysis details (19:20)
- Worth of note that S&P crackdown would be the first crisis-related action by US against a credit-rating firm.
04 Feb 2013 - 19:16
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