Category Archives: Education

McGraw-Hill Companies Prepares for Education Company Spin-off with Management Appointments

McGraw-Hill Companies (NYSE: MHP) announced further steps to establish the new, independent company, McGraw-Hill Education, by the end of this year.  The process of creating this new entity requires multiple changes across operating and support functions to both separate the … Continue reading

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McGraw-Hill Consolidated Revenues for 2011 Grew by 3% – Operating Income Grew by 1%

Standard & Poor’s Ratings: Revenue in the fourth quarter decreased by 8% to $434 million, reflecting a decline in global credit markets. Excluding $9 million for severance costs for a workforce reduction of approximately 30 positions, operating profit declined by … Continue reading

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McGraw-Hill Education and New Oriental to Form Joint Venture in China

Students across China will soon have the opportunity to participate in premier, after-school programs that advance their 21st century skills through an agreement announced today between McGraw-Hill Education and New Oriental Education & Technology Group, two of the world’s leaders … Continue reading

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McGraw-Hill Companies Announces Comprehensive Growth and Value Plan to Increase Shareholder Value

The comprehensive growth and value plan entails three key elements: Spin-off of Education creating two industry-leading public companies, one focused on Key Global Markets (with financial services as a core element) and the other on Education Streamline operations and reduce … Continue reading

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