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.

09/13/2023 08:03 AM

News

WEAK GLOBAL DEMAND AND SPARE CAPACITY AT GLOBAL SUPPLIERS PERSIST IN AUGUST AS GLOBAL ECONOMY FLIRTS WITH RECESSION: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Rhea-AI Summary

Increasing oil prices push up transportation costs to their highest since February. Excess supplier capacity reflects a persistent subdued economic environment, with Europe at the epicenter of the downturn. Resilience seen in Asia, driven by demand rising strongly in India, Indonesia, and Vietnam.

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09/12/2023 09:30 AM

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S&P 500 Q2 2023 Buybacks Decline 18.8%, As Sector Expenditures Shift Again; Buyback Tax Reduced Operating Earnings by 0.34%

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S&P 500 Q2 2023 buybacks were $174.9 billion, down 18.8% from Q1 2023's $215.5 billion and down 20.4% from the Q2 2022 $219.6 billion. Financials pulled back to $32.7 billion after increasing to $46.9 billion in Q1 2023 from their 36.3% pullback in 2022 over concerns in banking and regulation; Information Technology regained the lead spending $47.1 billion in Q2 2023. Energy spent $18.3 billion, representing 10.4% of all buybacks, whereas the sector represented 4.1% of the market value, with Exxon and Chevron both placing on the top five list for the quarter. The new net buyback 1% excise tax, which started in 2023, reduced Q2 2023 operating earnings by 0.34% (0.45% in Q1 2023) and As Reported GAAP by 0.38% (0.49%).

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09/12/2023 08:30 AM

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S&P Global Market Intelligence Launches Entity Insights, a Single-Source Solution with Data for 27 Million Global Entities

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S&P Global Market Intelligence launches Entity Insights, a solution to streamline entity due diligence process. It automates manual processes, reducing risk and increasing data transparency. Includes data for 27 million global entities. Offers real-time profiles, ongoing monitoring, and is available within existing solutions. Webcast on September 21st.

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09/07/2023 07:14 PM

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S&P Global Announces Pricing of Offering of $750,000,000 Senior Notes due 2033

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S&P Global announces $750M offering of senior notes due 2033, with interest rate of 5.250% per annum. Proceeds to be used for debt repayment and general corporate purposes.

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09/07/2023 08:47 AM

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India's short-term economic growth will rely on its strong labor force of 678.6 million. The country has the opportunity to increase its share of global manufacturing exports by developing a robust logistics framework. The financial technology sector in India has attracted $9.7 billion in funding over the past two years.

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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 as of November 18, 2024.

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

The market cap of S&P Global (SPGI) is approximately 156.1B.

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

#73 Ranked by Market Cap

#1920 Ranked by Dividends

SPGI Stock Data

Market Cap 156.13B

Float 309.73M

Insiders Ownership 0.17%

Institutions Ownership 90.63%

Short Percent 1.44%

Industry Financial Data & Stock Exchanges

Sector Services-consumer Credit Reporting, Collection Agencies

Website Link

Country United States of America

City NEW YORK