S&P Global Inc.(SPGI)- NYSE
  • Aug. 8, 2011, 3:28 PM
    McGraw-Hill (MHP -7.7%) suffers from guilt-by-association, as the parent company of S&P gets hit by criticism from government officials over the ratings agency's downgrade of the U.S. sovereign credit rating.
    | Aug. 8, 2011, 3:28 PM | 3 Comments
  • Aug. 8, 2011, 11:37 AM

    Legg Mason's Bill Miller issues a scathing critique of S&P’s downgrade, calling it “precipitous, wrong, and dangerous," and urging Congress to end the "oligopoly" of NRSROs "before they contribute to or ignite another financial crisis." This sentiment likely is another reason shares of McGraw-Hill (MHP -6.1%) and Moody's (MCO -6.4%) are sharply lower.

    | Aug. 8, 2011, 11:37 AM | 12 Comments
  • Aug. 8, 2011, 10:31 AM
    More on McGraw-Hill (MHP -7.7%): The planned spinoff of S&P could be in jeopardy after investors punish its parent company, apparently in partial retaliation for the downgrade of U.S. debt. Rival Moody's MCO down 7.5% in sympathy.
    | Aug. 8, 2011, 10:31 AM | 7 Comments
  • Aug. 2, 2011, 1:59 PM

    McGraw-Hill’s (MHP +8.9%) breakup value, in the event it decides to accelerate its plan to spin off businesses, likely would be ~$55/share but potentially as high as $70, Lazard analysts say. Speculation is swirling after the disclosure that Jana Partners - with a history of pressuring companies to make changes - teamed with a Canadian pension fund to own a 5.2% stake.

    | Aug. 2, 2011, 1:59 PM
  • Jun. 17, 2011, 2:21 PM
    Columbia University's John Coffee tells TheStreet.com that the SEC may actually be building a strong civil fraud case against Moody's (MCO -6.6%) and S&P (MHP -4.6%) for their roles in the financial crisis, saying “evidence compiled by several economic researchers shows strong evidence the ratings firms systematically engaged in grade inflation." (earlier)
    | Jun. 17, 2011, 2:21 PM | 3 Comments
  • May 18, 2011, 12:54 PM

    In a "massive proposal," sweeping new rules from the SEC would overhaul the debt-rating business - forcing Moody's (MCO +1%), S&P (MHP +1.2%) and Fitch (and seven smaller firms) to provide more detail on ratings, bar participation by their salespeople, and review for revision any ratings done where an employee is later hired by a rated firm.

    | May 18, 2011, 12:54 PM | 1 Comment
  • Apr. 18, 2011, 7:47 AM
    UBS has drawn up a list of 27 possible LBO targets, according to Barron's, all of which could see share movement today on deal speculation. The retailer-heavy list of stocks to watch: AAP, ARO, ARRS, AVT, CA, DSW, FINL, GCO, HRS, IM, JBL, JWN, LNCR, LTD, MHP, MOLX, MW, PLCE, PSS, ROST, RSH, SAI, SEE, TECD.
    | Apr. 18, 2011, 7:47 AM
  • Apr. 14, 2011, 9:54 AM

    The credit ratings agencies don't escape the wrath of the Senate subcommittee probing the financial crisis, with the panel saying that the crisis was triggered by Moody's (MCO -0.5%) and S&P (MHP -1.7%) being forced to downgrade the inflated ratings they had given mortgage-backed securities. (previous)

    | Apr. 14, 2011, 9:54 AM | 5 Comments
Company Description
S&P Global, Inc. is a content and analytics provider serving the capital, commodities and commercial markets. The capital markets include asset managers, banks, exchanges, issuers and financial advisors; the commodities markets include producers, traders and intermediaries within energy, metals,... More
Sector: Services
Country: United States