S&P Global to separate its mobility division from parent to streamline business
The New York-based firm said its operations will consist of four core businesses after the separation – S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights and S&P Dow Jones Indices. "Separating Mobility will allow us to continue to focus on our core businesses and pursue our growth strategy," said Martina Cheung, President and CEO of S&P Global. S&P Global's first-quarter profit beat analysts' expectations, as demand for its data and analytics offerings remained robust amid economic turmoil.