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.
A new report from IHS Markit reveals that restricting U.S. LNG exports could lead to increased domestic gas prices and threaten global emissions reduction efforts. The analysis outlines the risks of disrupting LNG supply during global market stress, potentially resulting in higher prices and undermining investor confidence. Currently, U.S. gas prices remain low compared to international rates, but limiting exports could destabilize the market. Additionally, such a move would hinder relationships with key allies and the U.S.'s foreign policy interests, particularly in energy-dependent regions.
According to a report by the International Energy Forum and IHS Markit, underinvestment in oil and gas development has continued for a second year, despite a rebound in global energy demand. Upstream investment fell to $341 billion in 2021, 23% below pre-pandemic levels. The report warns of potential price shocks and an increase in energy poverty due to ongoing underinvestment. To restore market balance, investment must return to pre-COVID levels through 2030. Factors such as price volatility and regulatory changes are complicating investment decisions.
The latest episode of CERAWeek Conversations features insights from IHS Markit Vice Chairman Daniel Yergin, API President Mike Sommers, and ACP CEO Heather Zichal on the bipartisan Infrastructure Investment and Jobs Act. They discuss the bill's implications for the oil, gas, and renewable energy sectors, highlighting its significance as the largest federal investment in U.S. infrastructure. Key points include the need for improved energy transmission infrastructure and political challenges in permitting. Both leaders stress the importance of collaboration to meet energy demands and environmental goals.
S&P Global (NYSE: SPGI) announced that its subsidiary, S&P Global Market Intelligence, has secured the necessary consents for amendments to the IHS Markit Notes. The Exchange Offers involve exchanging up to $4.64 billion of IHS Markit Notes for new S&P Global Notes and cash. As of November 30, 2021, significant participation was noted, with over 98% of the 5.000% Senior Notes due 2022 tendered. The settlement is expected to occur after the merger with IHS Markit is finalized in Q1 2022. Detailed terms are available via the offering memorandum.
In November, small business hourly earnings in the U.S. rose 4.07%, marking the highest growth since tracking began a decade ago, according to Paychex's latest report. Small business hiring also increased, with the Jobs Index climbing 0.27% to 100.72. The report highlighted that labor demand is driving wage hikes, with overall wage growth averaging 4.43% in recent months. The South led regional growth, with Texas maintaining its position as the top state for employment growth. However, while the national index showed gains, the rate of growth has begun to slow.
CARFAX Canada reveals that 88% of Canadian drivers want full vehicle history before purchasing used cars. To address this need, they are launching "Transparency Week" starting November 29, 2021, aimed at promoting trust in the used vehicle industry. Research shows that 89% of Canadians believe insurance companies should inform buyers if a car has been in an accident. CARFAX Canada emphasizes the importance of transparency in their reports and encourages thorough vehicle inspections before purchases.
IHS Markit (NYSE:INFO) and Issuer Direct (NYSE American:ISDR) have formed a strategic alliance to enhance investor relations services. This collaboration allows IHS Markit to offer a comprehensive suite of news distribution, web hosting, and webcasting solutions to their clients. The partnership aims to improve stakeholder engagement and operational efficiency for global companies. Both companies emphasize their commitment to providing advanced communication solutions, capitalizing on IHS Markit’s Capital Access platform to support investor relations teams effectively.
S&P Global (NYSE: SPGI) announced private exchange offers for eligible holders of IHS Markit Ltd. (NYSE: INFO) notes totaling $4.6 billion. This move is part of a larger strategy tied to a merger agreement initiated on November 29, 2020, where IHS Markit will become a wholly owned subsidiary of S&P Global. The exchange offers include cash and new S&P Global Notes. To enhance conditions for the exchange, S&P Global is soliciting consents for amendments to the indentures related to IHS Markit notes, aiming to eliminate restrictive covenants.
A proposal to ban U.S. crude oil exports aims to mitigate rising gasoline prices, which have surged 36% year-over-year. However, IHS Markit analysis indicates this ban may worsen the situation, disrupting global supply chains and increasing prices instead of lowering them. The U.S. exports 3 million barrels per day, and halting this could tighten global oil markets, ultimately leading to higher U.S. gasoline prices due to inefficiencies and reallocation issues in domestic refining.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) announced a proposed agreement with the U.S. Department of Justice that allows their $44 billion merger to proceed. This agreement requires both companies to divest IHS Markit’s Oil Price Information Services, Coal, Metals and Mining, and PetroChem Wire businesses, which have a prior deal to be sold to News Corp. The merger is expected to close in Q1 2022, pending further regulatory approvals.
