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and services.

The Company's markets include energy, construction, aerospace and defense, and marketing information services. In March 2007, Standard & Poor's, a division of The McGraw-Hill Companies, completed the sale of its mutual fund data business to Morningstar, Inc. As part of the transaction, Standard & Poor's will license fund data from Morningstar. The Company serves its customers through a range of distribution channels, including printed books, magazines and newsletters, online via Internet Websites and digital platforms, through wireless and traditional on-air broadcasting, and through a range of conferences and trade shows.

The Company's books and magazines are printed by third parties. In April 2008, The McGraw-Hill Companies, Inc. announced the acquisition of Umbria Inc.