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S&P Global Inc. - SPGI STOCK NEWS

Welcome to our dedicated page for S&P Global news (Ticker: SPGI), a resource for investors and traders seeking the latest updates and insights on S&P Global stock.

S&P Global Inc. (NYSE: SPGI) is a leading provider of essential financial intelligence, empowering governments, businesses, and individuals with the right data, expertise, and connected technology to make decisions confidently. As the largest of the Big Three credit rating agencies, S&P Global provides a wide array of services including credit ratings, benchmarks, analytics, and workflow solutions that cater to the global capital, commodity, and automotive markets.

S&P Global Ratings is renowned for its financial research and analysis on stocks, bonds, and commodities. This segment remains the largest credit rating agency worldwide and is pivotal to the company’s profitability. Another significant segment, Market Intelligence, offers desktop, data, and advisory solutions, primarily targeting the financial services industry with platforms like Capital IQ Pro. This division was recently bolstered by the acquisition of Visible Alpha, enhancing its investment research and analytics capabilities.

In addition to these core areas, S&P Global encompasses Commodity Insights (including Platts), Mobility (with Carfax), and Indices (featuring the S&P 500® and Dow Jones Industrial Average®). The company's commitment to innovation and market leadership is further demonstrated through its strategic partnerships and acquisitions, such as the integration with CarNow to enhance automotive data analytics and customer engagement.

Recent news highlights include the integration of DigitalOcean Holdings Inc. into the S&P SmallCap 600, the enhanced oil sands production outlook by S&P Global Commodity Insights, and the strategic partnership between automotiveMastermind and CarNow. Moreover, the company's surveys and reports, like the one conducted with AARP on adult caregiving, showcase its role in addressing contemporary societal challenges.

Visit S&P Global for more information on their offerings and insights.

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S&P Dow Jones Indices released the latest results for the S&P CoreLogic Case-Shiller Indices, showing a 5.1% annual gain in U.S. home prices in November 2023. However, 12 out of 20 major metro markets reported month-over-month price decreases. Detroit and San Diego reported the highest year-over-year gains, while Portland remained the only city reporting lower prices.
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S&P Dow Jones Indices has been selected by PenSam, one of Denmark's largest labor market pension providers, to develop a bespoke climate-focused index for its exclusive use. PenSam is utilizing the capabilities of S&P DJI's beS&P Index offering, which provides clients the ability to collaborate with S&P DJI to develop index-based solutions for their customer base. S&P DJI and PenSam are collaborating on a bespoke version of one of S&P DJI's carbon budget indices, which uses a defined level of carbon budget based on the findings of the United Nations' IPCC estimate of worldwide emissions to limit global temperature increases to 1.5ºC compared to pre-industrial levels.
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S&P Global Market Intelligence's Q4 2023 M&A and Equity Offerings Market Report revealed a 19.2% year-over-year decline in global equity issuance to $295.52 billion, following a 65.3% drop in 2022. The total value of global M&A announcements also fell 26.7% to $2.27 trillion in 2023, with the number of announcements dropping 21.4% year over year. Despite these challenges, the report suggests optimism for the outlook in 2024, particularly in the M&A market.
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automotiveMastermind, part of S&P Global Mobility, has announced strategic integrations with CarNow, Skaivision, Orbee, and Tealium to enhance its Mastermind technology. These integrations aim to provide deeper consumer intelligence, streamline marketing, and improve consumer experiences for dealers in the automotive industry. The Mastermind API Solutions Suite will allow dealers to connect mission-critical data across their technology stack, including dealer management systems, customer relationship management tools, and digital retailers. Additionally, the integration with Polk Signals data attributes will further enrich the predictive analytics capabilities of Mastermind. The partnership with Skaivision will provide real-time behavior data through computer vision AI, offering unique insights for dealers in the automotive industry.
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S&P Global Ratings has introduced new proprietary secondary markets research analyzing pricing data for leveraged loans. The first edition, 'Secondary Markets: Leveraged Loans Appear Confident For 2024', provides data-driven insights on loan secondary market pricing based upon seniority and currency. Despite challenging credit conditions, leveraged finance markets continue to be resilient and adaptable, with the average bid on loans at a nearly two-year high and levels of distressed loans well off 2023 highs.
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CARFAX Canada introduces a new OEM Certified Pre-Owned (CPO) badge on its Vehicle History Report, a first for the industry in Canada. This badge helps OEM partners distinguish their CPO units in the competitive used vehicle market, boosting consumer trust and providing assurance in the vehicle's integrity and dealership they are buying from. Honda Financial Services is the first OEM to have a CPO badge on the CARFAX Canada Vehicle History Reports, demonstrating commitment to transparency and building trust with consumers.
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S&P Global Mobility projects a deceleration in auto sales for January 2024, with estimated sales pace of 15.2 million units. The year-on-year improvement reflects potential volatility in the market, influenced by the solid closeout to sales in December 2023 and inclement weather effects. However, the outlook for 2024 projects sustained, moderate growth levels for light vehicle sales, with a 3% increase from 2023. The environment for auto consumers remains uncertain, with high interest rates and economic headwinds. Dealer advertised vehicle inventories continue to climb, with growing inventory levels and an increase in the average advertised discount of vehicle listings. The immediate term anticipates continued development of battery-electric vehicle sales, with an expected 8.0% share for January and advancements in the following periods.
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S&P Global Market Intelligence enhances its entity due diligence platform, Entity Insights, with sanctions and adverse media screening data from Quantifind, enabling users to screen more than 30 million entity records from 30,000 global sources. This allows for continuous monitoring of developments impacting vendors and third parties, providing real-time insights into securities, customers, partners, and suppliers.
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S&P Global (SPGI) announced a 1.1% increase in its regular quarterly cash dividend, marking the 51st consecutive year of annual dividend increases. The quarterly dividend will rise from $0.90 to $0.91 per share, with an annualized dividend rate of $3.64 per share. The dividend is payable on March 12, 2024, to shareholders of record on February 27, 2024.
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S&P Global Commodity Insights has issued a report on the Top 10 Trends in Clean Energy Technology in 2024, forecasting a 15% increase in clean energy technology investments to nearly $800 billion, with solar leading the way. The report also highlights a decline in average cost of clean energy technologies, global installations of wind and solar reaching one terawatt across the next two years, and record high offshore wind capacity auctions in 2024.
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FAQ

What is the current stock price of S&P Global (SPGI)?

The current stock price of S&P Global (SPGI) is $503.29 as of November 15, 2024.

What is the market cap of S&P Global (SPGI)?

The market cap of S&P Global (SPGI) is approximately 156.5B.

What does S&P Global Inc. do?

S&P Global Inc. provides credit ratings, benchmarks, analytics, and workflow solutions across global capital, commodity, and automotive markets.

What are the main segments of S&P Global?

The main segments are S&P Global Ratings, Market Intelligence, Commodity Insights, Mobility, and Indices.

What recent acquisition did S&P Global complete?

S&P Global recently completed the acquisition of Visible Alpha, enhancing its investment research capabilities on the Capital IQ Pro platform.

What is S&P Global's role in the credit rating industry?

S&P Global Ratings is the largest credit rating agency globally, providing financial research and analysis on stocks, bonds, and commodities.

How does S&P Global contribute to the automotive industry?

Through its Mobility segment, including Carfax, S&P Global provides data and analytics to improve vehicle history reporting and enhance customer engagement.

What significant index does S&P Global manage?

S&P Global manages several significant indices, including the S&P 500® and the Dow Jones Industrial Average®.

What strategic partnership did automotiveMastermind recently form?

automotiveMastermind, part of S&P Global Mobility, formed a strategic partnership with CarNow to enhance real-time data analytics and customer insights for automotive dealers.

How does S&P Global support the energy sector?

S&P Global Commodity Insights provides a comprehensive view of global energy markets, including benchmarks and analytics for better decision-making.

What is the Container Port Performance Index (CPPI)?

The CPPI, developed by the World Bank and S&P Global Market Intelligence, ranks global container ports by efficiency, focusing on port stay duration for vessels.

How is S&P Global addressing the needs of working caregivers?

S&P Global, in collaboration with AARP, conducts surveys to understand caregiver experiences and advocates for supportive workplace policies for employees with caregiving responsibilities.

S&P Global Inc.

NYSE:SPGI

SPGI Rankings

SPGI Stock Data

156.55B
310.30M
0.18%
91.04%
1.13%
Financial Data & Stock Exchanges
Services-consumer Credit Reporting, Collection Agencies
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