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 Ratings confirmed that King's College London (KCL) has a Sustainable Financing Framework fully aligned with the Green Bond Principles, Social Bond Principles, and Green Loan Principles. This alignment indicates KCL's commitment to utilize proceeds for eligible green and social projects. The framework includes a process for project selection and management of proceeds, ensuring sustainable asset values exceed raised funds. KCL aims for significant sustainability targets by 2029, including net-zero carbon emissions by 2025. The alignment opinions are not credit ratings and reflect current adherence to established principles.
S&P Global (NYSE: SPGI) will present at the Raymond James 42nd Annual Institutional Investors Conference on March 1, 2021, from 2:10 p.m. to 2:50 p.m. Eastern Time. CEO Douglas L. Peterson is scheduled to participate in a 'fireside chat' that may feature forward-looking information. A live and replay of the webcast will be available on the Investor Relations website, with additional materials following the presentation. S&P Global specializes in credit ratings, benchmarks, and analytics.
S&P Global Platts has partnered with Viridios Capital to create AI-driven carbon indices aimed at enhancing transparency in voluntary carbon credit markets. The collaboration combines Platts' price assessment data with Viridios' environmental AI technology to provide clarity on the market value of carbon credits and their associated co-benefits tied to the UN's Sustainable Development Goals. The new indices will analyze over 20,000 data points and daily price assessments to help market participants better understand and invest in carbon credits.
S&P Dow Jones Indices reported a 10.4% annual increase in the U.S. National Home Price NSA Index for December 2020, up from 9.5% in November. The 10-City Composite and 20-City Composite indices saw year-over-year gains of 9.8% and 10.1%, respectively. Phoenix, Seattle, and San Diego led the cities with the highest price increases. Despite challenges due to COVID-19 affecting data from Wayne County, the overall trend shows a strong housing market with double-digit gains completing the year, marking the best performance since 2013.
S&P Global Platts has signed a fellowship agreement with KAPSARC, granting research fellows access to its comprehensive data on oil, natural gas, LNG, petrochemicals, coal, electricity, renewables, and nuclear pricing. This collaboration aims to enhance research in energy markets by facilitating in-depth analysis of economic and political factors influencing these sectors. Dr. Fahad M. Alturki from KAPSARC emphasized the value of this data for research, while Dave Ernsberger of S&P highlighted the commitment to support academic studies in commodity markets.
S&P Global Ratings has adjusted its COVID-19 corporate sector recovery expectations, indicating stabilization in recovery views. The recovery timeline varies significantly across sectors, with projections extending to 2022 or beyond for many. Sectors like travel and leisure continue to face challenges, while consumer staples, technology, health care, and homebuilders show stronger resilience. The report emphasizes the influence of regional factors, vaccine availability, and fiscal support on recovery paths, with developed markets anticipated to recover faster than emerging ones.
S&P Global Platts announced significant changes to the Dated Brent benchmark, incorporating WTI Midland and amending to a delivered Rotterdam basis. Effective from July 2022, this change follows extensive feedback from market participants, highlighting the growing importance of WTI Midland with over 1 million barrels per day in export volumes. The adjustments aim to simplify assessments and enhance the benchmark's robustness, ensuring relevance for the European crude oil market over the next decade.
S&P Global Platts has announced the expansion of its Energy Transition capabilities at the London Energy Forum. This initiative aims to enhance market transparency in the commodities sector. The new offering includes Future Energy Outlooks, a Global Integrated Energy Model covering 143 countries, innovative Energy Transition Price Assessments, and a dedicated Energy Transition News feed. These tools are designed to aid market participants in navigating the complexities of the Energy Transition, allowing for informed investment strategies.
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