Channel NewsAsia
Channel NewsAsia
AsiaPac · 37 mins ago

S&P Global profit jumps, strikes datacenterHawk, Agusto deals

July 28 : S&P Global reported a stronger second-quarter profit on Tuesday, as clients sought its ratings, indices, market intelligence and analytics products amid heightened geopolitical uncertainty.The financial information company also announced deals to buy data center intelligence provider datacenterHawk and take a majority stake in African ratings agency Agusto & Co., expanding its analytics, infrastructure and credit ratings businesses.Here are some details: • The New York-based company's revenue rose 10 per cent to $4.15 billion and adjusted earnings increasing 23 per cent to $4.83 per share on strength in its Ratings, Indices and Market Intelligence businesses. • The company revised its 2026 outlook following the July 1 spin-off of its Mobility business, and now expects adjusted di
Channel NewsAsia
Do you trust Channel NewsAsia?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!