Content deleted Content added
No edit summary Tags: Reverted Mobile edit Mobile web edit |
|||
| (28 intermediate revisions by 22 users not shown) | |||
Line 1:
{{Short description|American financial services company (founded 1917)}}
{{Use American English|date=January 2023}}
{{Use mdy dates|date=January 2023}}
Line 17:
| location = [[55 Water Street]], [[Manhattan|Manhattan, New York City]], New York, U.S.
| area_served = Worldwide
| key_people = [[Douglas L. Peterson]]
| products = Financial information and analytics
| revenue = {{increase}} {{US$|
| operating_income = {{decrease}} {{US$|4.02 billion}} (2023)
|
|
| subsid = {{Unbulleted list|[[S&P Global Ratings]]|[[
▲| assets = {{increase}} US$61.78 billion
▲| num_employees = 39,950
▲| subsid = {{Unbulleted list|[[S&P Global Ratings]]|[[S&P Global Platts|S&P Global Commodity Insights]]|[[CRISIL]]|[[S&P Dow Jones Indices]]|S&P Global Market Intelligence|S&P Global Mobility|S&P Global Engineering Solutions|S&P Global Sustainable1|Kensho Technologies|[[IHS Markit]]}}
| homepage = {{Official URL}}
| footnotes = <ref name="The Wall Street Journal">{{Cite web|url=https://blogs.wsj.com/moneybeat/2015/07/08/mcgraw-hill-moves-downtown-says-goodbye-to-namesake-building/|title=McGraw Hill Moves Downtown, Says Goodbye to Namesake Building|last=Martin|first=Timothy W.|date=2015-07-08|work=[[The Wall Street Journal]]|access-date=2015-07-14}}</ref><ref name=Nasdaq>{{Cite web |date=
}}
'''S&P Global Inc.''' (prior to April 2016 '''McGraw Hill Financial, Inc.''', and prior to 2013 '''The McGraw–Hill Companies, Inc.''') is an American [[Public company|publicly traded corporation]] headquartered in [[Manhattan|Manhattan, New York City]]. Its primary areas of business are financial information and analytics. It is the [[parent company]] of [[S&P Global Ratings]], S&P Global Market Intelligence, S&P Global Mobility, S&P Global Engineering Solutions, S&P Global Sustainable1, and [[
==
The predecessor companies of S&P Global have histories dating to 1888, when [[James H. McGraw]] purchased the ''American Journal of Railway Appliances''<!-- The S&P Global Ratings article claims that its history goes back to 1860 -->. He continued to add further publications, eventually establishing The ''McGraw Publishing Company'' in 1899. [[John A. Hill]] had also produced several technical and trade publications and in 1902 formed his own business, The ''Hill Publishing Company''.
In 1909, both men, having known each other's interests, agreed upon an alliance and combined the book departments of their publishing companies into The ''McGraw–Hill Book Company''. John Hill served as president, with James McGraw as vice-president. In 1917, the remaining parts of each business were merged into The ''McGraw–Hill Publishing Company''.<ref name="mcgraw-history0">{{cite web | title=About Us: Corporate History: The Foundation | url=http://www.mcgraw-hill.com/aboutus/history.shtml | access-date=May 26, 2007 | url-status=dead | archive-url=https://web.archive.org/web/20070505102210/http://www.mcgraw-hill.com/aboutus/history.shtml | archive-date=May 5, 2007 }}</ref>
McGraw Hill founded Business Week magazine in 1929. In 2009 McGraw Hill Cos. sold Business Week to Bloomberg L.P.
In 1964, after Hill died, both ''McGraw–Hill Publishing Company'' and ''McGraw–Hill Book Company'' merged into ''McGraw–Hill, Inc.'' McGraw–Hill purchased [[credit rating agency]] [[Standard & Poor's]] from Paul Talbot Babson in 1966.
In 1979, McGraw–Hill
In 1986, McGraw–Hill bought out competitor The Economy Company, then the United States' largest publisher of educational material. The buyout made McGraw–Hill the largest educational publisher in the United States.<ref name="TJR">{{cite news|title=McGraw Hill Buying The Economy Company|last=Tipton|first=David|date=1986-07-03|work=The Journal Record}}</ref>
Line 61 ⟶ 57:
McGraw–Hill divested the subsidiary McGraw–Hill Construction to [[Symphony Technology Group]] for US$320 million on September 22, 2014.<ref>{{cite web| last =Staley| first =Eddie| title =McGraw Hill Financial To Sell McGraw Hill Construction To Symphony Technology Group For $320M In Cash| publisher =Benzinga| date =September 22, 2014| url =http://www.benzinga.com/news/14/09/4867637/mcgraw-hill-financial-to-sell-mcgraw-hill-construction-to-symphony-technology-gro| access-date =April 30, 2015}}</ref> The sale included [[Engineering News-Record]], [[Architectural Record]], Dodge and Sweet's.<ref>{{Cite web|url=https://www.enr.com/articles/1357-mcgraw-hill-sells-enr-and-construction-group-to-equity-investor|title=McGraw Hill Sells ENR and Construction Group to Equity Investor|website=www.enr.com}}</ref> McGraw–Hill Construction has been renamed Dodge Data & Analytics.<ref>{{cite magazine| last =Maidenberg| first =Micah| title =Best year since 2008 for construction industry| magazine =Crain's Chicago Business| date =December 14, 2014| url =http://www.chicagobusiness.com/realestate/20141201/CRED02/141129831/best-year-since-2008-for-construction-industry|quote=Dodge Data & Analytics, a data provider formerly known as McGraw–Hill Construction}}</ref>
In February 2016, McGraw–Hill announced that McGraw–Hill Financial would change its name to ''S&P Global Inc.'' by the end of April 2016.<ref>{{cite web| title=McGraw Hill Financial to be renamed 'S&P Global'| website =fastFT| publisher =[[The Financial Times]]| date =February 4, 2016| url =http://www.ft.com/fastft/2016/02/04/mcgraw-hill-financial-renamed-sp-global/| access-date =April 26, 2016}}</ref>
In April 2016, McGraw–Hill announced it was selling [[J.D. Power and Associates]] to investment firm XIO Group for $1.1 billion.<ref>{{cite news| last =Beckerman| first =Josh| title=McGraw Hill Financial to Sell J.D. Power for $1.1 Billion| newspaper =[[The Wall Street Journal]]| date =April 15, 2016| url =https://www.wsj.com/articles/mcgraw-hill-financial-to-sell-j-d-power-for-1-1-billion-1460753381| access-date =April 26, 2016}}</ref>
Line 85 ⟶ 81:
===S&P Global Commodity Insights===
Headquartered in London, [[
===S&P Global Mobility===
Line 210 ⟶ 206:
|-
|2018
|Kensho Technologies<ref>{{Cite
| Artificial Intelligence
|-
|2019
|[[451 Group|451 Research]]<ref>{{Cite
| Global IT research and advisory
|-
Line 241 ⟶ 237:
|-
|2009
|Vista Resources to Guidepoint Global<ref>{{Cite web |date=May 22, 2009 |title=Standard & Poor's, A Division of McGraw-Hill, Sells Vista Research to Guidepoint Global |url=https://www.marlinllc.com/press-releases/standard-poors-a-division-of-mcgraw-hill-sells-vista-research-to-guidepoint-global |
| Expert Networks
|-
Line 253 ⟶ 249:
|-
|2013
|Aviation Week to [[Penton]]<ref>{{Cite
| Publishing
|-
Line 265 ⟶ 261:
|-
|2016
|Equity Research Group to CFRA<ref>{{Cite
| Equity research
|-
Line 285 ⟶ 281:
==Awards==
In 1999, the [[National Building Museum]] presented the McGraw–Hill Companies with its annual [[Honor Award]] for the corporation's contributions to the [[built environment]].<ref>{{cite web|title=Honor Award|url=http://www.nbm.org/support-us/awards_honors/honor-award/|work=National Building Museum|date=16 December 2016}}</ref>
In 2023, S&P Global was recognized in Newsweek's ranking of America's Greenest Companies 2024 for its commitment to sustainability.<ref>{{cite web|title=S&P Global Named One of America's Greenest Companies by Newsweek|url=https://prolificnews.com/sp-global-named-one-of-americas-greenest-companies-by-newsweek/|work=Prolific News|date=13 November 2023}}</ref>
== References ==
| |||