Welcome to our dedicated page for MSCI news (Ticker: MSCI), a resource for investors and traders seeking the latest updates and insights on MSCI stock.
MSCI Inc. provides indexes, portfolio and risk analytics, sustainability and climate data, and private-assets data for asset managers, asset owners, hedge funds, banks, insurers, wealth managers, corporates, and other market participants. News about MSCI commonly covers financial results, recurring subscription and asset-based fee trends, analytics product growth, and investor-conference communications.
Company updates also center on MSCI Equity Index reviews, market-classification decisions, index licensing and intellectual-property notices, and partnerships that extend MSCI index universes into wealth-management or custom-index platforms. Acquisition news has addressed added private-markets pricing and valuation data, as well as expanded calculation capabilities for multi-asset, alternative, commodities, cryptocurrency, currency, fixed-income, and derivatives-linked indexes.
MSCI reported third-quarter 2020 results with operating revenues of $425.3 million, up 7.9% year-over-year. Recurring subscription revenues rose 8.7%, while diluted EPS increased by 35.0% to $2.16. The company maintained a strong operating margin of 53.5% and adjusted EBITDA margin of 58.6%. Share repurchases totaled $257.6 million year-to-date, and a quarterly dividend of $0.78 per share was announced. FY 2020 guidance was adjusted, indicating positive free cash flow expectations of $650 to $700 million.
MSCI has launched the MSCI Climate Paris Aligned Index Suite, expanding its climate indexes to aid investors in managing climate-related risks. This new suite comprises eight indexes designed to align with the 1.5-degree warming scenario set by the Paris Agreement, incorporating climate data including scope 3 emissions and green revenues. The creation of these indexes reflects the rising demand for ESG solutions, as institutional investors seek to implement broader climate strategies that address systemic global change.
MSCI Inc. (NYSE: MSCI) will report its third quarter 2020 results on October 27, 2020. The earnings release and quarterly update will be accessible on MSCI's Investor Relations homepage. Senior management will review the results during a live event at 11:00 AM ET on the same day. Interested parties can join the teleconference by calling the designated numbers and using the conference ID 9725609. An archived replay will be available shortly after the live event.
MSCI Inc. (NYSE: MSCI) announces the appointment of Jay McNamara as President of Burgiss, effective October 2, 2020. This transition follows MSCI's strategic partnership with Burgiss, aimed at enhancing investment decision support tools for private assets. McNamara will oversee client services and drive Burgiss’ strategic direction, while René Veerman takes on the role of Head of Real Estate Product at MSCI. Both appointments signify MSCI's commitment to expanding its investment solutions and strengthening its leadership within the private capital market.