McGraw Hill Financial, Inc. history, profile and corporate video
McGraw Hill Financial, 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, and agriculture; and the commercial markets include professionals and corporate executives within automotive, construction, aerospace and defense, and marketing and research information services. It operates through four reportable segments: Standard & Poor’s Ratings, S&P Capital IQ, S&P Dow Jones Indices, and Commodities & Commercial. The Standard & Poor’s Ratings segment provides credit ratings, offering investors and market participants with information and independent ratings benchmarks. The S&P Capital IQ segment is a global provider of digital and traditional financial research and analytical tools, which integrate cross-asset analytics and desktop services. The S&P Dow Jones Indices segment is a global index provider that maintains a wide variety of valuation and index benchmarks for investment advisors, wealth managers and institutional investors. The Commodities & Commercial segment consists of business-to-business companies specializing in commercial and commodities markets that deliver their customers access to high-value information, data, analytic services and pricing benchmarks. The company was founded by James H. McGraw and John A. Hill in 1888 and is headquartered in New York, NY.“
“McGraw-Hill Cos History
McGraw Hill Financial was created in 2013 after the sale of McGraw-Hill Education to Apollo Global Management, LLC.
From the Industrial Revolution to the Digital Revolution and beyond, our core values have remained constant. We help to create more knowledge that leads to smarter decisions by meeting critical needs for the intelligence, insights and analysis essential to helping individuals, markets and countries grow and prosper. We do this by promoting fairness, integrity and transparency.
Those principles have guided us from the beginning and are carrying us into the future.
- 1888 – Founder James H. McGraw buys the American Journal of Railway Appliances. At the same time, John A. Hill was working as an editor at Locomotive Engineer.
- 1899 – McGraw establishes The McGraw Publishing Company. John Hill later creates The Hill Publishing Company.
- 1917 – McGraw and Hill’s companies merge to form the McGraw-Hill Publishing Company, Inc., with James H. McGraw as president.
- 1953 – The forerunners of Platts join McGraw-Hill. Platts goes on to become a leader in commodities information.
- 1957 – The S&P 500 is introduced.
- 1966 – Standard & Poor’s is acquired.
- 1979 – McGraw-Hill successfully rejects a hostile takeover attempt by American Express.
- 1998 – Harold McGraw III, President and Chief Operating Officer, is named CEO.
- 1999 – Harold McGraw III is elected Chairman of the Board.
- 2004 – Standard & Poor’s acquires Capital IQ, a provider of research, data and analytics to investment professionals.
- 2005 – J.D. Power, a name trusted by companies and consumers, joins the Company.
- 2011 – McGraw-Hill announces its Growth and Value Plan, which includes the creation of two companies: McGraw Hill Financial and McGraw-Hill Education.
- 2012 – The Company launches S&P Dow Jones Indices, the world’s largest provider of financial market indices, in a joint venture with CME Group. The Company announces the sale of McGraw-Hill Education to Apollo Global.
- 2013 – Shareholders approve the Company’s new name: McGraw Hill Financial. Doug Peterson becomes President and CEO on November 1, and Harold McGraw III remains serving as Chairman of the Board.”
*Information from Forbes.com and Mcgraw-hill.com
**Video published on YouTube by “McGraw HillFinancial“