S&P Global
American financial services company
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2024 | Martina Cheung becomes president, succeeding Douglas L. Peterson and becoming the latest leader of the company. |
2024 | Acquired Visible Alpha for consensus estimates data and World Hydrogen Leaders for hydrogen information, continuing the company's strategic expansion. |
2023 | Completed multiple acquisitions including ChartIQ (charting provider), Tradenet (vessel-tracking platform), TruSight Solutions LLC (third-party risk assessments), and Market Scan Information Systems, Inc (automotive data provider). |
2023 | S&P Global was recognized in Newsweek's ranking of America's Greenest Companies 2024 for its commitment to sustainability. |
2023 | S&P sold the former IHS engineering operations to KKR & Co, which rebranded IHS as Accuris. |
2022 | Acquired IHS Markit, an information provider, further expanding the company's data and information services. |
November 2020 | S&P Global agreed to acquire IHS Markit analytics company in a $44 billion transaction. |
August 3 2020 | S&P Global Platts launched S&P Global Platts Analytics fundamental oil information on the redesigned S&P Global Platts Developer Platform. |
May 1 2019 | Completed merger with Pentagon Federal Credit Union (PenFed), converting all customers to PenFed and transforming the East Windsor branch into a PenFed branch. |
February 2019 | The McGraw–Hill Federal Credit Union announced plans to merge with Pentagon Federal Credit Union. |
2018 | Acquired Kensho Technologies, a company specializing in Artificial Intelligence. |
2016 | McGraw Hill divested its Equity Research Group to CFRA in the equity research industry. |
April 2016 | McGraw–Hill announced the sale of J.D. Power and Associates to investment firm XIO Group for $1.1 billion. |
April 27 2016 | McGraw Hill Financial officially changed its name to S&P Global Inc. following a shareholder vote. |
February 2016 | McGraw–Hill announced that McGraw–Hill Financial would change its name to S&P Global Inc. by the end of April 2016. |
2015 | Standard and Poor's paid $1.5 billion to settle lawsuits with the U.S. Justice Department, state governments, and the California Public Employees' Retirement System over inaccurate credit ratings that allegedly defrauded investors. |
July 2015 | The company relocated from its long-standing headquarters at 1221 Avenue of the Americas. |
September 22 2014 | McGraw–Hill divested McGraw–Hill Construction to Symphony Technology Group for US$320 million. |
2013 | Separation of publishing and education assets into McGraw-Hill Education, restructuring the company's core business. |
2013 | McGraw Hill sold Aviation Week to Penton in the publishing industry. |
2013 | Douglas L. Peterson becomes president, representing a significant leadership transition away from the McGraw family after decades of family leadership. |
May 1 2013 | Shareholders of McGraw–Hill voted to change the company's name to McGraw Hill Financial. |
April 15 2013 | The Department of Justice was ordered to grant S&P access to evidence in the ongoing fraud lawsuit. |
March 22 2013 | McGraw–Hill completed the sale of McGraw–Hill Education to Apollo Global Management for $2.4 billion. |
January 2013 | The Justice Department charged Standard & Poor's with fraud in a $5 billion lawsuit (U.S. v. McGraw-Hill Cos et al.), filed in the U.S. District Court, Central District of California. |
November 2012 | S&P published new criteria for evaluating management and governance credit factors for insurers and non-financial enterprises, introducing a scoring methodology that assesses creditworthiness on a scale from weak to strong, focusing on enterprise risk management analysis. |
November 2012 | Judge Jayne Jagot of the Federal Court of Australia made a landmark ruling against S&P Global Ratings, finding the agency negligent in its AAA rating of Rembrandt 2006-2 and 2006-3 Constant Proportion Debt Obligation (CPDO) notes. The court determined that S&P's rating was misleading and deceptive, and that the agency did not have reasonable grounds for its 'extremely strong' rating. |
November 26 2012 | McGraw–Hill announced the sale of its entire education division, McGraw–Hill Education, to Apollo Global Management for $2.5 billion. |
July 2 2012 | S&P Dow Jones Indices was launched as the world's largest global resource for index-based concepts, data, and research, producing the S&P 500 and the Dow Jones Industrial Average. |
January 13 2012 | S&P officially downgraded France's credit rating from AAA to AA+, marking the first time since 1975 that France was downgraded. On the same day, S&P also downgraded the credit ratings of eight other European countries: Austria, Spain, Italy, Portugal, Malta, Slovenia, Slovakia, and Cyprus. |
2011 | S&P discontinued providing stand-alone governance scores (GAMMA), while continuing to incorporate governance analysis in global and local scale credit ratings. |
December 30 2011 | McGraw–Hill completed the sale of its television station group to the E. W. Scripps Company. |
November 11 2011 | S&P erroneously announced a cut of France's triple-A credit rating, causing significant controversy and prompting French leaders to call for increased regulation of private credit rating agencies. |
October 3 2011 | McGraw–Hill announced the sale of its entire television station group to the E. W. Scripps Company for $212 million. |
August 5 2011 | S&P downgraded the United States' sovereign long-term credit rating from AAA to AA+, citing concerns about fiscal consolidation and political effectiveness. |
April 18 2011 | S&P assigned a negative outlook to the US credit rating, signaling potential future downgrade. |
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