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.
S&P Dow Jones Indices and B3 have launched two new bond indices for Brazil's domestic corporate bond market, marking a significant addition to fixed income indices. The S&P/B3 Brazil IPCA Corporate Bond Index and the S&P/B3 Brazil Liquid IPCA Corporate Bond Index will track local currency debentures linked to the IPCA, with the latter focusing on liquidity criteria. These indices aim to provide institutional investors with objective benchmarks for tax-beneficial bonds, enhancing market visibility and supporting new tradeable product creation, including ETFs. The methodology includes rules-based selection and market value weighting, ensuring appropriate liquidity representation. This initiative reinforces S&P DJI's commitment to expanding its offerings in Brazil's financial market.
S&P Global (NYSE: SPGI) will announce its first quarter 2023 results on April 27, 2023, at approximately 7:15 a.m. EDT. A conference call hosted by CEO Douglas L. Peterson, CFO Ewout Steenbergen, and Senior VP of Investor Relations Mark Grant will follow at 8:30 a.m. EDT the same day to discuss the financial results. The call is accessible to the public, and interested parties can find the audio and presentation slides on the Investor Relations website. For live participation, dial-in details are provided, with options for U.S. and international callers. A recorded replay will be available shortly after the call, continuing until May 26, 2023.
S&P Global specializes in providing essential intelligence, including credit ratings and analytics, to help organizations make informed decisions.
S&P Dow Jones Indices reported an increase of $9.7 billion in indicated dividends for U.S. domestic common stocks during Q1 2023, down from $14.6 billion in Q4 2022 and $18.2 billion in Q1 2022. Total common dividend payments reached a record of $146.8 billion for Q1 2023, marking a 0.9% increase over the previous quarter. However, concerns over decreased consumer spending and economic slowdown may impact future dividend growth. For the 12 months ending March 2023, net indicated dividends totaled $59.7 billion, down from $70.1 billion in the previous year.
S&P Global Market Intelligence has officially launched the Equity InvestorAccess platform on April 4, 2023, designed to enhance the efficiency of new issuance workflows for buyside and sellside participants. This innovative platform integrates with the existing Equity Bookbuild application, facilitating order placement and allocation management within a secure, centralized repository. Key features include real-time dashboards for deal intelligence, a single point of entry for order submissions, and comprehensive analytics tracking cross-bank activities. This launch aims to automate an otherwise manual process and improve the overall operational risk management in equity capital markets.
According to the Paychex | IHS Markit Small Business Employment Watch report, small business employment growth showed a modest increase of 0.06% in March 2023, raising the Small Business Jobs Index to 99.73. Average hourly earnings also rose slightly to 4.64%. The South remains the strongest region with an index of 100.68, despite a recent decline of -0.14%. While small business growth is resilient, potential risks persist due to recent banking disruptions affecting capital access. The report draws from payroll data of approximately 350,000 small business clients across the U.S.
S&P Global Mobility reports that March 2023 US auto sales are projected to reach 1.27 million units, marking an increase of over 11% from the previous month. However, the annualized sales pace is estimated at 13.8 million units, down from 15.9 million units in January. The first quarter average sales rate is 14.9 million units, the strongest since Q2 2021 but still below pre-pandemic levels. Analysts highlight rising vehicle prices and sustained demand despite economic uncertainties. S&P Global Mobility anticipates total 2023 vehicle sales of 14.9 million units, an 8% increase from 2022, aided by improved production and fleet demand.
FAQ
What is the current stock price of S&P Global (SPGI)?
What is the market cap of S&P Global (SPGI)?
What does S&P Global Inc. do?
What are the main segments of S&P Global?
What recent acquisition did S&P Global complete?
What is S&P Global's role in the credit rating industry?
How does S&P Global contribute to the automotive industry?
What significant index does S&P Global manage?
What strategic partnership did automotiveMastermind recently form?
How does S&P Global support the energy sector?
What is the Container Port Performance Index (CPPI)?
How is S&P Global addressing the needs of working caregivers?
