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 Global (SPGI) and IHS Markit (INFO) announced the sale of IHS Markit’s Base Chemicals business to News Corp for
S&P Global (SPGI) and IHS Markit (INFO) have signed agreements to divest IHS Markit's Base Chemicals business to News Corp for $295 million and S&P Global's CUSIP Global Services (CGS) to FactSet Research Systems for $1.925 billion. These divestitures are part of the regulatory conditions required to complete their merger. The companies expect to receive aggregate net proceeds of approximately $1.3 billion. Additional divestitures, including the Leveraged Commentary and Data business, are planned to meet regulatory approval, with the merger anticipated to close in Q1 2022.
The S&P/Experian Consumer Credit Default Indices for November 2021 show a slight decline in the composite default rate to 0.37%, down from 0.38% in October. The bank card default rate decreased to 1.94%, a drop of seven basis points, while auto loans rose to 0.44%. Notably, New York reported the largest decline in defaults among major metropolitan areas, falling to 0.30%. Dallas also experienced a reduction, while Los Angeles saw a rise in defaults. The indices provide insight into the consumer credit landscape across various loan categories.
S&P Global Platts released its 2022 energy outlook, noting significant volatility in energy markets. Key highlights include anticipated supply growth outpacing demand due to increased LNG exports and a rebound in US shale production. However, geopolitical risks in regions like Iran and Libya could disrupt these forecasts. Natural gas prices remain vulnerable to weather conditions, while global oil prices could test $100 per barrel if supply chains are affected. Despite calls for energy transition, demand for fossil fuels is expected to rise, indicating a complex market landscape ahead.
S&P Global Platts has launched the world's first suite of Carbon Neutral Hydrogen (CNH) assessments, effective December 9, 2021. These assessments reflect the carbon neutral value of hydrogen produced in key regions such as Northwest Europe, Middle East, Far East Asia, and the US Gulf Coast. The first CNH assessment prices range from $1.70/kg in the US to $7.95/kg in Far East Asia. The daily assessments will aid market participants in making informed trading decisions as the energy transition progresses.
Ameresco, Inc. (NYSE: AMRC) announced its recognition as a finalist in the 23rd annual S&P Global Platts Global Energy Awards. The company is shortlisted for the Rising Star Individual category for Executive Vice President Nicole Bulgarino, who has overseen over
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?
