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Cologne Brescia Italy

Hello, many time I'm seing it tv the Standard & poor's
I know what it is, but I don't understand what POOR'S signify, I know poor, but poor's with the genitive Saxon, I can't transale it
May be you all say I'm crazy LOL may be!!!

1/19/2012 2:06:22 PM

Hamburg, NY

Sergio,

Ray Waterman here. Poor's is a family name only (a sir name). From Wikipedia: The company traces its history back to 1860, with the publication by Henry Varnum Poor of History of Railroads and Canals in the United States.

So the "name" comes from Mr. Henry Varnum "Poor".

Hope you have a great growing season! /Ray

1/19/2012 2:20:49 PM

Little-TON - Colorado

The company traces its history back to 1860, with the publication by Henry Varnum Poor of History of Railroads and Canals in the United States. This book was an attempt to compile comprehensive information about the financial and operational state of U.S. railroad companies. Henry Varnum went on to establish H.V. and H.W. Poor Co. with his son, Henry William, and published annually updated versions of this book.[4][5]

In 1906, Luther Lee Blake founded the Standard Statistics Bureau, with the view to providing financial information on non-railroad companies. Instead of an annually published book, Standard Statistics would use 5" x 7" cards, allowing for more frequent updates.[4]

In 1941, Poor and Standard Statistics merged to become Standard & Poor's Corp. In 1966, the company was acquired by The McGraw-Hill Companies, and now encompasses the Financial Services division.
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There you go....Take Care Sergio.....

1/19/2012 2:49:44 PM

Cologne Brescia Italy

Thanks Ray and Wiz! now is all clear! not every word can to be tanslated LOL
Sergio

1/19/2012 3:19:38 PM