- The Wall Street Journal•28 days ago
S&P Global said its second-quarter earnings rose 8.5% in its first quarterly report since changing its name. Results beat expectations.
- Bloomberg•28 days ago
S&P Global Inc., owner of the world’s largest credit rater, reported second-quarter profit that exceeded analysts’ estimates as bond offerings bounced back.
- American City Business Journals•2 months ago
The Bon-Ton Stores Inc., the parent of Boston Store and other department store chains, is in danger of defaulting on its debt in the next year, S&P Global Ratings said Monday. New York City-based S&P — formerly known as McGraw Hill Financial — has downgraded Bon-Ton's corporate credit rating to CCC from CCC+ following news that Bon-Ton's sale-leaseback transaction for three of its Midwest stores had been terminated. S&P said it predicts that Bon-Ton could default in the next 12 months because of the company's bleak operating results as well as deteriorating liquidity now that the transaction has been terminated.
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