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 reports significant growth in U.S. home prices, with the S&P CoreLogic Case-Shiller National Home Price Index showing an 11.2% annual gain for January 2021, up from 10.4% in December 2020. The 10-City Composite rose 10.9% and the 20-City Composite reached 11.1%. Phoenix saw the highest increase at 15.8%, followed by Seattle and San Diego. All 20 cities reported price growth, marking a continued trend of rising home prices driven by shifts in buyer preferences during the pandemic. January's growth represents the highest annual gain since February 2006.
S&P Global Platts and SEA-LNG have announced a collaboration aimed at enhancing the visibility of LNG fuel pricing. Under this agreement, SEA-LNG will feature Platts' daily LNG bunker price assessments on its website, along with fuel oil bunker assessments. This initiative is designed to increase transparency in bunker pricing, particularly in Rotterdam and Singapore. The partnership reflects an ongoing effort to support the transition to LNG as a sustainable marine fuel. S&P Global Platts previously established the first daily LNG bunker valuation in September 2019.
S&P Dow Jones Indices reported that Q4 2020 S&P 500 buybacks totaled $130.5 billion, a 28.2% increase from Q3 2020 but 28.1% lower vs. Q4 2019. The total buybacks for 2020 were $519.7 billion, down 28.7% from 2019. In Q4 2020, 244 companies reported buybacks, with the top 20 companies accounting for 66.3% of the total. Dividends rose 2.9% in Q4 2020 to $118.8 billion, contributing to a total shareholder return of $249.4 billion for the quarter. An increase in buybacks is anticipated in 2021 as companies seek to cover employee stock options.
On March 23, 2021, Fujairah, UAE, announced a partnership with S&P Global Platts to publish monthly bunker fuel and lubricant sales data. This collaboration aims to improve market transparency as Fujairah positions itself as a leading hub in global oil and bunker trading. Starting April 20, 2021, data will be available for sales volumes segmented across categories including low sulfur fuel oil and marine gasoil, with insights on inventory. This initiative enhances the information flow essential for market participants amid evolving economic activities post-COVID-19.
S&P Global Ratings announced on March 22, 2021, a positive outlook for the global economic recovery, driven by favorable fiscal policies and vaccination efforts. The report suggests that rising U.S. Treasury yields indicate confidence in a sustained recovery. While concerns over inflation persist, S&P believes fears are exaggerated and forecasts orderly reflation will support sustainable growth. Risks include potential volatility in credit markets, particularly affecting lower-rated corporate entities and emerging markets.
S&P Global Ratings published a report on March 22, 2021, outlining six significant corporate governance trends for 2021, emphasizing resilience in crisis management amid the pandemic. Key trends include enhanced diversity on boards, increased ESG competency, focus on board effectiveness, integration of ESG metrics with executive pay, growing shareholder activism on environmental issues, and demands for tax transparency. The report highlights the need for companies to prepare for systemic challenges like climate change and improve their governance frameworks.
S&P Dow Jones Indices announced updates to the market capitalization eligibility criteria for the S&P Composite 1500 Indices, effective March 17, 2021. The new thresholds are:
- US$ 11.8 billion or more for the S&P 500
- US$ 3.3 billion to US$ 11.8 billion for the S&P MidCap 400
- US$ 750 million to US$ 3.3 billion for the S&P SmallCap 600
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