S&P Capital IQ, a unit of
The McGraw-Hill Companies Inc
), announced the acquisition of Credit Market Analysis Limited
CME Group Inc
), the majority owner of Dow Jones Indexes. However, the
financial terms of the deal were not disclosed.
London-based Credit Market Analysis Limited is an independent
data provider in the over-the-counter markets. The acquisition
strengthens S&P Capital IQ's position in the market, where it
Thomson Reuters Corporation
FactSet Research Systems Inc.
) and Bloomberg.
With growing needs of investors to access readily available
data, a fierce competition has emerged among the companies offering
financial information solutions to grab a wider market through
superior functionality and investor oriented services.
To grab its share of market, the company took a similar stance
in past and acquired QuantHouse, the provider of market statistics
and trading solutions along with R2 Financial Technologies that
offers risk and scenario-based analytics across different asset
classes to investors, risk and portfolio managers for pricing,
hedging and capital maintenance.
These moves enable McGraw-Hill to offer investors access to
global exchange pricing, securities valuations and asset analytics,
while facilitating S&P Capital IQ to create real-time
platforms, data base and analytics.
S&P Capital IQ provides a comprehensive research package to
its buy-side clients. The package not only includes fundamental and
quantitative research and analysis solutions but also covers equity
and market research reports and earnings estimates with valuation
models from leading brokers. Capital IQ serves investment banks,
hedge funds, private-equity firms, and provides complete financial
tools to mutual funds and asset managers.
Currently, we have a long-term "Neutral" recommendation on
McGraw-Hill, which competes with
). Moreover, the company holds a Zacks #3 Rank that translates into
a short-term 'Hold' rating.
CME GROUP INC (CME): Free Stock Analysis Report
FACTSET RESH (FDS): Free Stock Analysis Report
MCGRAW-HILL COS (MHP): Free Stock Analysis
PEARSON PLC-ADR (PSO): Free Stock Analysis
THOMSON REUTERS (TRI): Free Stock Analysis
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