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.
CARFAX has launched a national television ad campaign to assist used-car shoppers in navigating the high prices in the current used-car market. The ads emphasize the importance of vehicle accident and damage history in determining accurate vehicle pricing, with data indicating consumers may overpay by an average of $500 without this information. The campaign includes three commercials featuring CAR FOX and aims to promote transparency in vehicle history. CARFAX continues to support dealers through its History-Based Value tool, essential for accurate vehicle pricing.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) are considering divesting IHS Markit's Oil Price Information Services (OPIS) and Coal, Metals and Mining businesses to facilitate their merger. This decision follows regulatory feedback and aims to ensure a timely merger completion. The divestiture will be evaluated further by regulators and antitrust authorities. Both companies anticipate closing the merger in the second half of 2021, contingent upon meeting specified conditions.
S&P Global and IHS Markit announced plans to divest IHS Markit's Oil Price Information Services (OPIS) and Coal, Metals and Mining businesses due to regulatory feedback. This strategic move aims to facilitate the timely closing of their proposed merger, expected in H2 2021, pending regulatory approvals. Both companies are collaborating with regulators to ensure compliance and anticipate that this divestiture will address any concerns raised.
The IHS Markit Global Renewables Markets Attractiveness Rankings show that the United States is the most attractive market for non-hydro renewable energy investments as of December 2020, thanks to strong market fundamentals and an appealing support scheme. Mainland China is third, while Germany ranks second, affected by market access challenges. The rankings assess 35 markets on factors like policy framework, investor friendliness, and infrastructure readiness, which will influence 90% of non-hydro renewables capacity additions by 2030.
The Paychex | IHS Markit Small Business Employment Watch reports a significant job growth increase of 4.33% from March to an index level of 98.34 in April 2021, marking a return to pre-pandemic employment levels. Every U.S. region, state, and metro analyzed experienced job gains, with the South leading at 99.42. Notably, leisure and hospitality sectors had the highest job growth while construction retained the highest index at 100.72. Hourly earnings growth slightly decreased to 2.84%. The report indicates that small business employment is recovering steadily.
CERAWeek 2021, hosted by IHS Markit, attracted over 15,000 attendees for its first fully virtual event from March 1-5. The conference featured influential speakers like Bill Gates, John Kerry, and PM Narendra Modi, discussing energy, climate change, and technological innovation. Key themes included energy transition, geopolitics, and investment strategies. Notably, Gates emphasized the challenge of achieving net zero emissions by 2050. Access to select sessions is now available online, while the complete program can be subscribed to until the end of May.
The number of vehicles in the U.S. with open safety recalls has decreased by 5% from 2020, totaling over 53 million. Despite this progress, pickup trucks and minivans remain the most at-risk vehicles. Southern states like Mississippi, Texas, and Louisiana exhibit the highest percentages of open recalls. CARFAX's free recall-monitoring services have contributed to this decline, with over 24 million VINs registered. The recall repair process is generally quick and free, reinforcing the importance of consumer awareness through platforms like CARFAX.
IHS Markit (NYSE: INFO) has declared a quarterly cash dividend of $0.20 per share for the second quarter of 2021. This dividend will be payable on May 17, 2021, to shareholders on record as of May 3, 2021. Notably, the Markit Group Holdings Limited Employee Benefit Trust has waived its right to receive dividends on its common shares, indicating that it will not benefit from this distribution.
Acceptance Insurance has received approval from the California Department of Insurance to utilize the TransUnion Vehicle History Score powered by CARFAX to determine auto insurance rates. This scoring model aims to enhance risk assessment based on a vehicle's unique historical data, potentially leading to lower premiums for customers. As the first company in California to implement this model, Acceptance Insurance plans to improve pricing competitiveness for its clients. The innovative approach is expected to benefit historically underserved customers while maintaining a commitment to affordable insurance.
The Paychex | IHS Markit Business Employment Watch report for March 2021 indicates a notable jobs growth increase across the U.S., with the Small Business Jobs Index rising to 94.25. Although this remains 4.03% below March 2020 levels, the 0.30% month-over-month increase is the highest since 2013. Hourly earnings have grown by 2.98%, while weekly earnings are up 3.58%. The report highlights improvements in leisure and hospitality sectors, particularly in states like Florida.
