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McGraw-Hill Shares Fall on DOJ’s S&P Lawsuit

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:48
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Oh let's go to that coal -- the New York Stock Exchange close but so far -- -- we've got a number of earnings on debt including double -- Disney it's at trying to call.

A they have -- I don't know if we're running out so let's go out.

Let's talk about Disney going into the close here this is -- name going to be reporting after the bell -- are up.

From all time highs here over the last 52 weeks of 30% -- -- the theme parks and obviously movies in fact that -- -- that -- -- -- of course we also by the way we should mention should vote blazing it would got a lot of people report we're gonna focus -- does it presents a big name.

Right now I want to focus somebody is really on the downside McGraw-Hill of course the government came out.

Said that they were out playing footloose and fancy free when it came to rating some of these.

Sub prime mortgages some of the sort of and I bonds tied -- -- they are down reprisals that 10% but also Moody's even though the government has not said specifically.

They're after Moody's they're getting -- hit to.

That's McGraw-Hill near -- Down ten point 31 right now just like we thought -- down also so we are looking at those two names partly just looking at seven their ratings.

And -- yeah I'll say this is near term litigation risk this is not going to be a long term problem.

Well there's no problem with -- today a -- -- seven per -- right now the big move higher ahead of its results.

As I guess you could say BankAmerica -- did -- may be opening.

-- yeah I mean they went to apply.

For the mutual this is stock that's down 80% over the last -- this is farm bill word was towards good friend yeah.

And -- idea apple apple is up plus stockholders equity ended -- -- -- -- I'm sorry got seven.

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