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4-Traders Homepage  >  Equities  >  Nyse  >  McGraw Hill Financial Inc    MHFI

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European Banks To Discuss Issues With Rating Companies -FT

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05/15/2012 | 11:28pm CET

Officials from as many as 20 top European banks are set to discuss plans Wednesday to deal with ratings companies, including the disclosure of information to some of the firms, the Financial Times reported Tuesday.

Top ratings firms--such as Moody's, Fitch and Standard & Poor's--"get privileged information," the FT cites a person familiar with the plan as saying. "In future, maybe they should only get a standard pack, putting everyone on equal footing."

The topic is on the agenda at a meeting of the CFO Network, a group of finance officers from Europe's top banks, according to the FT.

Full story at www.ft.com

-Dow Jones Newswires; 212-416-2900

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Financials ($)
Sales 2017 5 712 M
EBIT 2017 2 526 M
Net income 2017 1 514 M
Debt 2017 1 236 M
Yield 2017 1,23%
P/E ratio 2017 22,38
P/E ratio 2018 20,07
EV / Sales 2017 6,15x
EV / Sales 2018 5,78x
Capitalization 33 885 M
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Consensus 
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 140 $
Spread / Average Target 7,4%
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Managers
NameTitle
Douglas L. Peterson President, Chief Executive Officer & Director
Charles Edgar Haldeman Non-Executive Chairman
Ewout L. Steenbergen Chief Financial Officer & Executive Vice President
Krishna Nathan Chief Information Officer
Winfried Franz Wilhelm Bischoff Independent Director
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