McGraw-Hill Cos. (MHP) reported fourth quarter net income of $0.53 per share Wednesday morning, up from $0.37 per share last year. The company expects to report full year 2010 EPS of $2.55 to $2.65.
McGraw-Hill gapped open higher Wednesday, but traded in a range for the majority of the session. Shares finished up by $1.48 at $35.71. The stock rose above a month and a half long range and set a new high for the year.
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