Excluding the divestiture of BusinessWeek, revenue for the segment grew by 4.3% and the revenue for the Business-to-Business Group increased 4.5% instead of the reported 9.5% decline. Revenue growth at Platts was the primary driver in the Business-to-Business Group’s first quarter. Demand for our global energy data and information products produced strong growth in both domestic and international markets. There also was improvement at J.D. Power and in aviation. Softness in construction reflected difficult conditions for smaller regional contractors in the current downturn.  Operating profit increased by $25.0 million to $27.8 million reflecting solid growth by global energy products and the divestiture of BusinessWeek.   Source:  Company Earnings Release

BIIA Newsletter May I – 2010 Issue