Tuesday, October 22, 2013

Reuters: Regulatory News: Standard & Poor's drives McGraw Hill profit

Reuters: Regulatory News
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Standard & Poor's drives McGraw Hill profit
Oct 22nd 2013, 11:22

Tue Oct 22, 2013 7:22am EDT

Oct 22 (Reuters) - Standard & Poor's owner McGraw Hill Financial Inc reported a 56 percent jump in quarterly profit, helped by strong growth at its rating agency and S&P Dow Jones indices.

The company, formerly known as McGraw-Hill Cos Inc, said net income from continuing operations increased to $235 million, or 84 cents per share, in the third quarter, from $151 million, or 53 cents per share, a year earlier.

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