Welcome to our dedicated page for Clarivate news (Ticker: CLVT), a resource for investors and traders seeking the latest updates and insights on Clarivate stock.
Clarivate Plc reports developments in data, analytics and workflow software for academia and government, intellectual property, and life sciences and healthcare. Its news commonly covers earnings, subscription and recurring revenue trends, cash flow and leverage actions, and progress under its operating improvement initiatives.
Company updates also focus on AI-enabled research and decision-support products, including Web of Science Research Intelligence, Nexus Connect, Cortellis Regulatory Intelligence, Derwent-based patent analytics and other Clarivate data assets. Recurring announcements address institutional research intelligence, academic library workflows, regulatory intelligence for life sciences teams, intellectual property benchmarks and investor conference appearances.
Clarivate Plc (NYSE:CLVT; CLVT PR A) declared a quarterly dividend of approximately $1.12 per share on its 5.25% Series A Mandatory Convertible Preferred Shares. This dividend is payable on September 1, 2021, to shareholders of record by August 15, 2021. The payment will be made in ordinary shares rather than cash, as per the governing Statement of Rights. The number of shares delivered will be based on the average volume-weighted price over the five trading days ending before the payment date.
On July 14, 2021, the Society for Information Display (SID) announced a significant increase in the Impact Factor (IF) of its flagship publication, the Journal of the Society for Information Display (JSID), now at 2.140. This improvement reflects the journal's enhanced standing in the field, recognized through data compiled from Clarivate's Web of Science. This data supports scholarly evaluation and promotes quality academic publishing. JSID editor Jiun-Haw Lee emphasized the journal's prestige, highlighting contributions from renowned figures in the display industry.
On July 14, 2021, Clarivate Plc (NYSE:CLVT) announced the integration of its CompuMark™ trademark research and protection solutions into IPfolio™ and FoundationIP™. This move aims to streamline intellectual property (IP) management, enhancing data quality and reducing manual entry efforts. With global coverage of over 180 trademark authorities, the integration allows corporate IP departments and law firms to manage portfolios more efficiently. The strategy is designed to empower customers, fostering informed decision-making and operational excellence in IP management.
Clarivate Plc (NYSE:CLVT) released a report highlighting innovation in electric vehicles (EVs), identifying key challenges such as vehicle charging time and battery capacity as critical barriers to market potential. The report shows a surge in academic research on EVs, with 74% of papers published from 2011-2020. Despite advancements, consumer concerns about inadequate charging infrastructure persist. The report also discusses geographic trends in R&D, revealing major EV innovation hotspots in Japan, China, South Korea, Germany, and the US, along with increasing litigation activity in Europe and Asia.
On July 7, 2021, Clarivate Plc (NYSE: CLVT) announced significant upgrades to its Web of Science platform, enhancing the research experience for users. These improvements include new visualization tools like Author Impact Beamplots, enriched cited references, and detailed funding data for published works. The platform now supports advanced search workflows and allows easier sharing of search queries. These enhancements aim to simplify access to world-class research data and improve the overall functionality, promoting better collaboration among researchers.
Clarivate Plc (NYSE:CLVT) announced significant changes to its executive leadership team, welcoming Steen Lomholt-Thomsen as Chief Revenue Officer and Jaspal Chahal as Chief Legal Officer. Gordon Samson is promoted to President of the IP Group. The changes aim to strengthen customer engagement and accelerate integration of recent acquisitions, including Decision Resources Group and CPA Global. CEO Jerre Stead emphasized the importance of these appointments for driving innovation and growth while thanking Steve Hartman and Jeff Roy for their contributions to the company.
Clarivate Plc (NYSE: CLVT) will report its financial results for the second quarter 2021 on July 29, 2021, before market opening. The results, along with detailed financial information, will be available on the investor relations website. A conference call and webcast will take place on the same day at 8:00 AM ET to discuss these results. Interested parties can participate through a live audio broadcast or access a replay afterwards. For more details, visit this link.
Clarivate (NYSE:CLVT) has launched its 2021 update of the Journal Citation Reports (JCR), providing enhanced tools for researchers and publishers. The release features data from over 20,000 journals in multiple research categories, a new Journal Citation Indicator for improved citation impact analysis, and an upgraded user interface for easier navigation. Additionally, 8,771 new journals were added, greatly expanding the available content.
Clarivate Plc (NYSE: CLVT) released a Global Research Report focusing on how nations and institutions respond to challenges in science and technology. The study analyzes research portfolios from G7 and BRICK nations over 1981-2018, revealing that research diversity enhances resilience, particularly during the COVID-19 pandemic. With 67,756 COVID-19 related papers indexed in 2020-21, the report illustrates how a diverse research base yields innovative solutions. The Gini coefficient was utilized for comprehensive analysis, highlighting the potential of research diversity as a strategic tool for investment planning.
Clarivate Plc (NYSE: CLVT) announced the pricing of a $1.0 billion private offering of 3.875% senior secured notes due 2028 and $1.0 billion of 4.875% senior notes due 2029. The offering's proceeds will finance the acquisition of ProQuest, set to finalize by November 8, 2021, and cover associated fees. The notes will not be guaranteed before the acquisition but will be secured by escrow accounts. The offering is intended for qualified institutional buyers, with interests payable semi-annually starting December 30, 2021.