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 announced a settlement with the U.S. Securities and Exchange Commission regarding a previously disclosed Wells Notice. The SEC found that S&P DJI acted negligently, violating Section 17(a)(3) of the Securities Act concerning undisclosed quality assurance mechanisms affecting the S&P 500 VIX Short-Term Futures Index on February 5, 2018. As part of the settlement, S&P DJI will pay a penalty of USD 9 million and has committed to enhancing its control framework and operational standards to ensure compliance.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) are considering divesting IHS Markit's Oil Price Information Services (OPIS) and Coal, Metals and Mining businesses to facilitate their merger. This decision follows regulatory feedback and aims to ensure a timely merger completion. The divestiture will be evaluated further by regulators and antitrust authorities. Both companies anticipate closing the merger in the second half of 2021, contingent upon meeting specified conditions.
S&P Global Ratings announced that Korea Expressway Corp. (KEC) has achieved full alignment with the Green Bond Principles, Social Bond Principles, and Green Loan Principles. This framework ensures that net proceeds from sustainable finance initiatives will exclusively support eligible green and social projects. KEC aims for energy self-sufficiency by 2025, relying on renewable energy, and plans to enhance road safety through a smart expressway system. S&P emphasizes that their alignment opinion is not a credit rating but reflects the framework's adherence to sustainability guidelines.
S&P Global Ratings announced that AEDAS Homes' Green Financing Framework meets the Green Bond Principles and Green Loan Principles. According to María Ortiz de Mendívil, the framework enables funding for eligible green projects, promoting transparency and environmental sustainability. The framework focuses on 'Green Buildings,' aligning with United Nations' Sustainable Development Goals, specifically climate change mitigation. This report is an opinion, not a credit rating, and reflects the framework's compliance with relevant principles.
S&P Dow Jones Indices has been chosen by the Federal Government of Germany to create the S&P ESG Eurozone 60 Bund-SV Index, which will benchmark four Federal Special Pension Funds. This index aligns with EU Climate Transition Benchmarks and the Paris Agreement, aiming for net-zero emissions. S&P will use its ESG Scores to select index constituents, excluding companies involved in non-compliant activities. This collaboration highlights the growing importance of ESG indices in sustainable investing and asset protection.
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