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 - Equities - Source: Newswires

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