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.
On Nov. 18, 2021, S&P Global Platts and Xpansiv announced a partnership to enhance price transparency in the voluntary carbon market (VCM). This collaboration follows the agreement on international carbon accounting rules at COP26. The initiative aims to improve the integrity and rigor in pricing VCM assets, leveraging Xpansiv’s trading expertise and Platts’ market analysis. The VCM is projected to grow significantly, potentially reaching a value of over $15 billion by 2030. This partnership will also expand data availability, develop new pricing assessments, and foster investment in high-quality carbon offset projects.
S&P Global Ratings has expanded its partnership with Guidewire to integrate cyber risk insights from Guidewire Cyence Risk Analytics into its assessment tools. This collaboration aims to enhance the understanding of cybersecurity vulnerabilities and their financial implications on businesses. According to Chris Heusler of S&P, the partnership offers deeper insights into cyber risks affecting credit ratings. The initiative responds to the increasing importance of cyber risk in evaluating company financial health in today's digital landscape.
Thryv Holdings will join the S&P SmallCap 600 index effective November 24, 2021, replacing Echo Global Logistics. This change follows the announcement of The Jordan Company acquiring Echo Global Logistics in a deal expected to close soon. The inclusion of Thryv Holdings in the index reflects its growing significance in the market, specifically within the Communication Services sector. This update is crucial for investors as index changes can influence stock performance and investor perception.
S&P Global Ratings released a report revealing that the food system contributes to one-third of global greenhouse gas emissions, with food loss accounting for up to 10%. The report advocates for increased collaboration in the agribusiness sector to enhance food production efficiency and reduce waste. Notably, 14% of food is lost before retail. Multinational food companies could lead in improving sustainability by investing in advanced technologies. By 2030, significant reductions in food waste are expected as firms align with U.N. Sustainable Goal 12.3.
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?
