| The McGraw-Hill Companies, Inc. | |
|---|---|
| Type | Public (NYSE: MHP) |
| Founded | New York City (1917) |
| Headquarters | New York City |
| Area served | Global |
| Key people | Harold W. McGraw III, Chairman BOD, President, CEO Robert J. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The City of New York Year 1917 ( MCMXVII) was a Common year starting on Monday (link will display the full calendar of the Gregorian calendar (or a Common year The City of New York Harold "Terry" McGraw III is president and chief executive officer of McGraw-Hill Companies and chairman of the Business Roundtable, an association of CEOs A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Bahash, CFO, Executive V. P. |
| Industry | Publishing |
| Revenue | ▲USD$6. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Publishing is the process of production and dissemination of Literature or Information &ndash the activity of making information available for public view In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 20 Billion (2006) |
| Operating income | ▲USD$1. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 52 Billion (2006) |
| Net income | ▲USD$867 million (2006) |
| Employees | 20,214 |
| Subsidiaries | Standard & Poor's J.D. Power and Associates Platts Aviation Week BusinessWeek |
| Website | www.mcgraw-hill.com |
The McGraw-Hill Companies, Inc. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Employment is a Contract between two parties, one being the employer and the other being the employee. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity Standard & Poor's ( S&P) is a division of McGraw-Hill that publishes financial research and analysison Stocks and bonds. JD Power and Associates is a global marketing information services firm founded in 1968 by James David Power III. Platts is a provider of energy information around the world that has been in business in various forms for more than a century and is now a division of The McGraw-Hill Companies Aviation Week & Space Technology, often abbreviated Aviation Week or AW&ST, is a weekly Magazine. BusinessWeek is a business Magazine published by McGraw-Hill. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages , (NYSE: MHP) is a publicly traded corporation headquartered in Rockefeller Center in New York City. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc Rockefeller Center is a complex of 19 commercial buildings covering 22 acres between 48th and 51st streets in New York City. The City of New York Its primary areas of business are education, publishing, broadcasting, and financial and business services. It publishes numerous textbooks and magazines, including BusinessWeek and Aviation Week, and is the parent company of Standard & Poor's and J.D. Power and Associates. BusinessWeek is a business Magazine published by McGraw-Hill. Aviation Week & Space Technology, often abbreviated Aviation Week or AW&ST, is a weekly Magazine. Standard & Poor's ( S&P) is a division of McGraw-Hill that publishes financial research and analysison Stocks and bonds. JD Power and Associates is a global marketing information services firm founded in 1968 by James David Power III.
Contents |
The McGraw-Hill Companies traces its history back to 1888 when James H. McGraw, co-founder of the company, purchased the American Journal of Railway Appliances. Year 1888 ( MDCCCLXXXVIII) was a Leap year starting on Sunday (click on link for calendar of the Gregorian calendar (or a James Herbert McGraw (1860-1948 born in Harmony New York, USA was co-founder of what is now The McGraw-Hill Companies. He continued to add further publications, eventually establishing The McGraw Publishing Company in 1899. Year 1899 ( MDCCCXCIX) was a Common year starting on Sunday (link will display the full calendar of the Gregorian calendar (or a Common His co-founder, John A. Hill, had also produced several technical and trade publications and in 1902 formed his own business, The Hill Publishing Company. John A Hill was a co-founder of The McGraw-Hill Companies. In the 1880s Hill worked as an editor at Locomotive Engineer. Year 1902 ( MCMII) was a Common year starting on Wednesday (link will display calendar of the Gregorian calendar (or a Common year starting
In 1909 both men, having known each other for some time and sharing the same interests, agreed upon an alliance and combined the book departments of their publishing companies into The McGraw-Hill Book Company. Year 1909 ( MCMIX) was a Common year starting on Friday (link will display full calendar of the Gregorian calendar (or a Common year starting John Hill served as President, with James McGraw as Vice-President. 1917 saw the merger of the remaining parts of each business into The McGraw-Hill Publishing Company, Inc. Year 1917 ( MCMXVII) was a Common year starting on Monday (link will display the full calendar of the Gregorian calendar (or a Common year [1]
McGraw-Hill Publishing Company, Inc became The McGraw-Hill Companies in 1995, as part of a corporate identity rebranding. Year 1995 ( MCMXCV) was a Common year starting on Sunday. Events of 1995 [2]
The McGraw-Hill Companies organizes its businesses around three segments, based upon the market they are involved in.
McGraw-Hill Education provides materials, both traditionally and online, for all levels of education. The company also provides references & trade publications for the medical, business and engineering professions. [3]
Companies within McGraw-Hill Education include:
McGraw-Hill Education is also established in Asia, Australia, Europe, Latin America (as McGraw-Hill Interamericana), Canada (as McGraw-Hill/Ryerson) and India (as Tata/McGraw-Hill). For a topic outline on this subject see List of basic Australia topics. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country The Tata Group ( Hindi: टाटा समूह is a multinational conglomerate based in Mumbai, India. In the United Kingdom McGraw-Hill Education also publishes books and resources for Open University Press. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located The Open University Press was the publishing branch of the the United Kingdom's Open University, a Distance learning academic institution
This segment is comprised entirely of Standard & Poor's, which provides independent investment research including ratings on various investment instruments, as well as various indices that gauge financial markets, including the widely tracked S&P 500. Standard & Poor's ( S&P) is a division of McGraw-Hill that publishes financial research and analysison Stocks and bonds. The S&P 500 is a Stock market index containing the stocks of 500 Large-Cap Corporations all of which are from the United States.
The businesses within this segment provide useful information to individuals and organizations within several key industries.
During the course of its history The McGraw-Hill Companies has expanded significantly through acquisitions, not just within the publishing industry but also into other areas such as financial services (the purchase of Standard & Poor's in 1966) and broadcasting (the 1972 acquisition of Time-Life Broadcasting). Harold "Terry" McGraw III is president and chief executive officer of McGraw-Hill Companies and chairman of the Business Roundtable, an association of CEOs The Time-Life company was founded by Time Incorporated in 1961 as a book marketing division
| Date of Acquisition | Asset Acquired | Industry |
|---|---|---|
| 1920 | Newton Falls Paper Company[4] | - |
| 1928 | A. Year 1920 ( MCMXX) was a Leap year starting on Thursday (link will display 1920 of the Gregorian calendar Year 1928 ( MCMXXVIII) was a Leap year starting on Sunday (link will display full calendar of the Gregorian calendar. W. Shaw Company[4] | - |
| 1950s | Gregg Company[4] | Publisher of vocational textbooks |
| 1953 | Companies of Warren C Platts, including Platts[4][5] | Publisher of petroleum industry information |
| 1961 | F. The 1950s Decade refers to the years of 1950 to 1959 inclusive Year 1953 ( MCMLIII) was a Common year starting on Thursday (link will display full calendar of the Gregorian calendar. Platts is a provider of energy information around the world that has been in business in various forms for more than a century and is now a division of The McGraw-Hill Companies Year 1961 ( MCMLXI) was a Common year starting on Sunday (link will display full calendar of the Gregorian calendar. W. Dodge Corporation[6] | - |
| 1965 | California Test Bureau[4] | Developer of educational testing systems |
| 1966 | Standard & Poor's[6] | Financial Services |
| 1968 | National Radio Institute | Correspondence School |
| 1972 | Television Stations of Time Life Broadcasting[6] | Broadcasting |
| 1997 | Micropal Group Limited[7] | Financial Services |
| 1999 | Appleton & Lange[8] | Publisher of medical information |
| 2000 | Tribune Education, including NTC/Contemporary[9] | Publisher of supplementary educational materials |
| 2005 | J.D. Power & Associates[10] | Marketing information provider |
Note that this list only includes acquisitions made by McGraw-Hill, not its subsidiaries. Year 1965 ( MCMLXV) was a Common year starting on Friday (link will display full calendar of the 1965 Gregorian calendar. Year 1966 ( MCMLXVI) was a Common year starting on Saturday (link will display full calendar of the 1966 Gregorian calendar. Standard & Poor's ( S&P) is a division of McGraw-Hill that publishes financial research and analysison Stocks and bonds. Year 1968 ( MCMLXVIII) was a Leap year starting on Monday (link will display full calendar of the Gregorian calendar. The National Radio Institute-McGraw Hill Continuing Education Center was a private post-secondary Correspondence school based in Washington D Year 1972 ( MCMLXXII) was a Leap year starting on Saturday (link will display full calendar of the Gregorian calendar. The Time-Life company was founded by Time Incorporated in 1961 as a book marketing division Year 1997 ( MCMXCVII) was a Common year starting on Wednesday (link will display full 1997 Gregorian calendar Micropal Group Limited, also just known as "Micropal", was a global financial services company specialising in the collection and analysis of Mutual fund Year 1999 ( MCMXCIX) was a Common year starting on Friday (link will display full 1999 Gregorian calendar) 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. The Tribune Company is a large American Multimedia Corporation based in Chicago Illinois. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. JD Power and Associates is a global marketing information services firm founded in 1968 by James David Power III. McGraw-Hill typically does not release financial information regarding its acquisitions or divestitures.