S&P Global Trims Revenue Outlook, Will Spin Off Carfax Unit (4)

S&P Global Inc., a company that rates bonds and sells market data, said it expects to bring in less revenue than originally forecast this year, as on-again, off-again tariff policies spur market tumult and cause companies to delay debt sales.

The revenue that S&P generates from ratings, accounting for about one third of the company’s business, is expected to decline by a double-digit percentage this quarter relative to a year ago before stabilizing in the second half, chief executive Martina Cheung said on an analyst call Tuesday. Overall, revenue for the firm is now seen growing between 4% and ...