UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: September 18, 2007
THE MCGRAW-HILL COMPANIES, INC.
(Exact Name of Registrant as specified in its charter)
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New York | | 1-1023 | | 13-1026995 |
(State or other jurisdiction of incorporation or organization) | | (Commission File No.) | | (IRS Employer Identification No.) |
1221 Avenue of the Americas, New York, New York 10020
(Address of Principal Executive Offices) (Zip Code)
(212) 512-2564
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14d- 2(b)) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01.Other Events.
On September 18, 2007 Registrant issued a press release containing Guidance (“Guidance”) provided by Registrant at the Goldman Sachs’ Communacopia XVI 2007 Conference with respect to Registrant’s reaffirmation that it expects to achieve double-digit earnings growth in 2007.
The Corporation’s forecast for year-over-year 2007 earnings growth excludes the following items: a $0.04 charge for the elimination of the restoration stock option program in 2006; a $0.06 restructuring charge in 2006; and a $0.03 gain from the sale of a mutual fund data business at Financial Services in the first quarter of 2007. On a GAAP basis, inclusive of these items, the 2007 earnings growth would be even stronger. Management believes the non-GAAP financial measures provide more useful information to investors due to the unusual nature of the excluded items.
Item 9.01.Exhibits.
(99) | Guidance of the Registrant, dated September 18, 2007. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K Report to be signed on its behalf by the undersigned hereunto duly authorized.
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THE McGRAW-HILL COMPANIES, INC. |
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By: | | /s/ Kenneth M. Vittor |
| | Kenneth M. Vittor |
| | Executive Vice President and General Counsel |
Dated: September 18, 2007
INDEX TO EXHIBITS
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Exhibit Number | | |
(99) | | Guidance of the Registrant, dated September 18, 2007. |