Welcome to our dedicated page for INFO news (Ticker: INFO), a resource for investors and traders seeking the latest updates and insights on INFO stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect INFO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of INFO's position in the market.
According to an IHS Markit analysis, Canadian oil production exceeds domestic demand by over two and a half times, with the U.S. supplying 55% of crude oil and condensate through imports and reexports. The report highlights Canada's reliance on U.S. logistics, as 95% of production is inland and far from major consumption areas. It projects Canadian crude supply to grow by nearly 900,000 b/d by 2030, driven largely by existing project optimization. However, pipeline disruptions could impact energy security and transportation capacity.
The latest CERAWeek Conversations episode discusses how governments and investors in Latin America can navigate the instability caused by populist politics and civil unrest. The region faces significant challenges, including severe economic recession due to COVID-19, which has fueled public protests. Despite these difficulties, experts believe that there is potential for growth through diversification of supply chains and clean energy initiatives. The conversation highlights the importance of policy reforms and economic inclusivity to leverage Latin America's resources for a sustainable recovery.
IHS Markit (NYSE: INFO) announces a new partnership between automotiveMastermind and FordDirect, enhancing services for Ford and Lincoln dealerships across the U.S. This collaboration introduces bi-directional data sharing and improved billing processes, including seamless integration with FordDirect CRM. Dealers will benefit from additional data-driven tools, such as VIN data and AXZ pricing, all at no extra cost. FordDirect aims to streamline operations for dealerships, while automotiveMastermind focuses on empowering dealers through predictive analytics and marketing automation.
ROCHESTER, N.Y., Aug. 3, 2021 /PRNewswire/ -- National job growth in July saw a significant increase, with the Small Business Jobs Index rising by 0.85%, marking the highest level since 2018. The index reached 99.36, up over 5% from last year, signaling a robust recovery from the pandemic. Hourly earnings growth improved to 3.11%, and small business employment surged across all sectors and regions. Arizona led state growth at 101.72, while Dallas and Tampa topped metropolitan areas with indexes above 102.
The latest episode of CERAWeek Conversations explores pathways to net zero emissions by 2050, discussing its impact on energy markets, technology, and geopolitics. Moderated by Daniel Yergin, the episode features insights from IHS Markit experts. Significant findings reveal a notable rise in global climate aspirations and the complexities of transitioning energy systems, which could reshape the $93 trillion economy in under three decades. Key discussions emphasize the need for thorough evaluations in business strategies as financial pressures mount on energy companies.
IHS Markit released a study titled A Sustainable Flame: The Role of Gas in Net Zero, highlighting natural gas's potential as a key player in emissions reduction and the transition to low-carbon fuels. The report suggests that natural gas infrastructure can be adapted to transport renewable gases like hydrogen and ammonia, making it a vital asset in decarbonization efforts. It identifies a carbon price of $40-$60 per ton as economically viable for low-carbon gas applications and emphasizes the role of natural gas in replacing coal, which could cut global GHG emissions by 3%.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have reached an agreement to sell IHS Markit's OPIS, Coal, Metals and Mining, and PetroChem Wire businesses to News Corp for approximately $1.150 billion. This divestiture is part of the companies' strategy to gain regulatory approval for their planned merger, expected to close in the fourth quarter of 2021. Both transactions await regulatory review, and S&P Global is advised by Goldman Sachs & Co. while IHS Markit is represented by Davis Polk & Wardwell LLP.
S&P Global and IHS Markit announced a cash agreement to sell IHS Markit’s Oil Price Information Services, Coal, Metals and Mining, and PetroChem Wire businesses to News Corp for approximately $1.150 billion. This move is part of their strategy to secure regulatory approval for their merger, which is expected to close in the fourth quarter of 2021, pending regulatory review. The transaction is aimed at enhancing operational efficiency as both companies work with regulatory agencies regarding the merger and divestiture.
The U.S. Department of Energy’s Loan Programs Office, led by Jigar Shah, emphasizes the urgent need to accelerate climate solution deployments. He notes the current $200 billion yearly investment must rise to $1 trillion to meet carbon targets outlined for 2035 and 2050. Shah highlights that while there is over $46 billion in loan authority available, a significant gap exists between available funds and projects ready for investment. The office aims to act as a bridge between innovative technologies and commercial capital, underscoring the importance of understanding project finance for industry participants.
IHS Markit (NYSE: INFO) announced a quarterly cash dividend of $0.20 per share for Q3 2021, payable on August 13, 2021. Common shareholders of record as of July 30, 2021 will receive this dividend. Notably, the Markit Group Holdings Limited Employee Benefit Trust will not partake in this dividend due to a waiver of its rights on the shares held. This dividend underscores IHS Markit's commitment to shareholder returns amidst ongoing developments in the company.
