Dun & Bradstreet Holdings, Inc. - DNB STOCK NEWS

Dun & Bradstreet (NYSE:DNB) has received TrustArc's TRUSTe Responsible AI Certification, validating its commitment to responsible artificial intelligence governance. The certification confirms that DNB's AI systems meet strict criteria for being valid, reliable, explainable, transparent, privacy-enhanced, fair, safe, and secure.

The company recently launched two new Generative AI solutions: ChatD&B™, an AI assistant providing instant business insights, and D&B Ask Procurement™, designed for supply chain risk analysis. The certification aligns with major AI frameworks including OECD AI Principles, NIST AI Risk Management Framework, and the EU AI Act.

DNB's certification demonstrates its adherence to responsible data and AI principles in developing and deploying AI-fueled solutions, emphasizing the importance of quality data in AI applications for their customers' success.

Dun & Bradstreet (NYSE:DNB) has been named a category leader in the Chartis Research RiskTech Quadrant for KYC Data Solutions 2024 for the third consecutive year. The company received five-star rankings for its sanctions and watchlist data, corporate structure, entity relationships, and trade data.

The company's D-U-N-S Number system and extensive data capabilities include over 590 million entities in their Data Cloud, ownership data on more than 390 million shareholder companies and 365 million individuals, and screening data on over 1 million individuals. DNB has also expanded its sanctions screening to include maritime vessels and aircraft.

The company has integrated these KYC capabilities into their new Gen AI assistant, ChatD&B™, designed to deliver instant business insights and support due diligence and third-party risk assessment processes.

Dun & Bradstreet (NYSE: DNB) has launched D&B Ask Procurement, a generative AI assistant developed in collaboration with IBM. The tool leverages IBM watsonx technology and Dun & Bradstreet's extensive Data Cloud, containing over 580 million business entities, to help procurement teams make faster, data-driven decisions.

The AI assistant provides critical supplier insights, integrates company data, performs multi-step analysis, and identifies suppliers for engagement. It offers real-time access to supplier risks, financials, ESG data, and beneficial ownership information through a web-based interface, transforming manual analysis processes from hours to seconds.

Dun & Bradstreet (NYSE: DNB) reported Q3 2024 financial results with revenue of $609.1 million, up 3.5% year-over-year. Organic revenue increased 3.4% on a constant currency basis. GAAP net income was $3.2 million ($0.01 per share), compared to $4.4 million in Q3 2023. Adjusted EBITDA reached $247.4 million, up 5.1%, with a margin of 40.6%.

North America revenue grew 2.6% to $432.5 million, while International revenue increased 5.7% to $176.6 million. The company expects full-year revenues at the low end of $2,400-$2,440 million range, with organic growth at the low end of 4.1-5.1%.

Dun & Bradstreet (NYSE:DNB) has expanded its partnership with Databricks to provide its business data and analytics through the Databricks Marketplace. The collaboration leverages Databricks' Data Intelligence Platform to deliver near real-time updates on business records, risk information, and commercial opportunities. Organizations can access DNB's global datasets using Databricks' Delta Sharing technology, enabling improved decision-making across compliance, credit decisioning, ESG reporting, and supply chain modeling. The integration aims to enhance data delivery efficiency and AI capabilities while providing seamless and secure access to company and financial insights.

FedEx released its annual economic impact report for FY2024, demonstrating significant global economic contributions. The company delivered $85 billion in direct impact and $39 billion in indirect impact to the global economy, representing approximately 0.1% of world's total net economic output. With operations in over 220 countries, FedEx employs more than 500,000 people across 5,000+ facilities and handles an average of 16 million packages daily. In the US, FedEx contributed 6.7% to the Transportation and Warehousing sector and indirectly added $8.1 billion to net output. The company continued network optimization, expanded its EV fleet, and invested in facility improvements including new hubs in Dubai and Memphis.

Dun & Bradstreet (NYSE:DNB) has launched ChatD&B, a new Generative AI assistant that provides instant business insights using the company's comprehensive data and analytics. The tool features real-time data integration, explainable responses, auditability, and dynamic information retrieval. ChatD&B has been tested by over a thousand D&B team members and early adopters from various industries. The company is offering a 90-day free trial to North American API customers, expiring December 31, 2024.

Dun & Bradstreet Holdings, Inc. (NYSE:DNB), a leading global provider of business decisioning data and analytics, has announced a quarterly cash dividend of $0.05 per share. The dividend is scheduled to be paid on December 19, 2024, to shareholders of record as of December 5, 2024. This announcement comes from the company's Board of Directors, demonstrating their commitment to returning value to shareholders.

LSEG and Dun & Bradstreet (NYSE: DNB) have announced a multi-year strategic collaboration to expand access to private market information. This partnership combines LSEG's capital markets data with Dun & Bradstreet's trusted private market data, providing enhanced visibility on financial information, officers and directors, and ownership insights for millions of companies globally.

Key highlights of the collaboration include:

• Integration of Dun & Bradstreet's D-U-N-S® Number into LSEG Workspace
• Improved data discoverability and interoperability
• Enhanced access to private company financial data
• Development of a new private market data feed expected in 2025

This strategic relationship aims to drive better data-driven financial assessments and decisions for investment and capital market firms, addressing the growing demand for private company data in the capital markets sector.