S&P Global Stock Price, News & Analysis

CARFAX reports that 5.7 million vehicles in the U.S. still contain defective Takata airbags, despite approximately 750,000 replacements completed in the past 12 months. The company has launched a new 'Recall Tracker' to monitor urgent auto recalls nationwide.

The top states for airbag replacements in the last year include California (107,500), Texas (80,800), New York (41,000), Illinois (40,800), and Florida (35,200). However, significant numbers of unrepaired airbags remain, with Texas leading at 706,900 vehicles, followed by California (631,440) and Florida (270,140).

Several states utilize CARFAX's Vehicle Recall Search Service, a free tool developed with the Alliance for Automotive Innovation, allowing state agencies to check for unrepaired recalls. Consumers can check their vehicles for recalls at carfax.com/recall or through the Carfax Car Care app.

S&P Global (NYSE: SPGI) has announced an agreement to acquire ORBCOMM's Automatic Identification System (AIS) data services business, a leading provider of satellite data services for vessel tracking and monitoring. The acquisition will strengthen S&P Global's maritime and supply chain offerings, with the AIS business being integrated into the S&P Global Market Intelligence division.

Additionally, S&P Global will take a strategic equity position in ORBCOMM, forming an alliance to develop differentiated supply chain data and insight offerings. The partnership aims to combine S&P Global's expertise with ORBCOMM's technology in global trade and logistics ecosystems.

The transaction is expected to close during 2025, subject to regulatory approvals. Financial terms were not disclosed.

S&P Global (NYSE: SPGI) has announced the integration of its AI-ready commodities data with Microsoft 365 Copilot. The new AI agent capabilities leverage S&P Global Commodity Insights' expertise to provide comprehensive commodities data analysis without requiring coding skills.

The integration enables direct access to S&P Global's commodity sector data through Microsoft 365 Copilot's AI Ready Data connector, streamlining access to market reports, news articles, rationales, commentaries, and fundamental analyses. This collaboration aims to enhance productivity and decision-making capabilities for users within the Microsoft 365 environment.

Patterson Companies (PDCO) is set to be removed from the S&P SmallCap 600 index as Patient Square Capital is finalizing its acquisition of the company. The change will take effect prior to market opening on April 17, 2025.

Sterling Infrastructure (STRL) will replace Patterson Companies in the index. The modification reflects the pending completion of Patterson Companies' acquisition, subject to final closing conditions.

S&P Global (NYSE: SPGI) has announced its 2025 Annual Meeting of Shareholders, scheduled for May 7, 2025, at 8:00 a.m. (EDT). The meeting will be held in a virtual-only format, accessible at https://meetnow.global/MTWC7R7.

Chairman of the Board Richard Thornburgh will lead the business portion, while President and CEO Martina Cheung will provide remarks and conduct the Q&A session. Shareholders of Record have received proxy materials with instructions for online attendance, voting, and question submission.

Participants are advised to log in 15 minutes before the meeting starts. Shareholders need their 15-digit control number to vote and submit questions, while guests have listen-only access. An archived replay will be available for one year, and presentation slides will be posted on the company's Investor Relations website.

CARFAX reports an unprecedented surge in used car sales and prices during Spring 2025, with sales rates doubling compared to the previous year. The surge coincides with Tax Day and growing economic uncertainty, as consumers look to utilize tax returns for vehicle purchases.

The used car market is experiencing significant price increases across various vehicle categories: Vans and Minivans saw an $800 increase nationwide in March, non-luxury SUVs rose by $400, and luxury SUVs jumped $500. This marks a notable reversal from January's pandemic-low prices.

According to S&P Global Mobility data, Americans registered approximately 16 million new light vehicles and 38 million used light vehicles last year. With potential decreases in new car production, experts anticipate continued pressure on used car prices due to shifting consumer demand.

S&P Global (SPGI) and CME Group have announced the sale of their joint venture OSTTRA to KKR for $3.1 billion. The enterprise value will be split equally between both companies, as per their 50/50 ownership structure.

OSTTRA, established in 2021, provides post-trade solutions for the global OTC market across interest rates, FX, credit, and equity asset classes. The current management team, led by co-CEOs Guy Rowcliffe and John Stewart, will remain in their positions.

KKR plans to implement a broad-based equity ownership program for OSTTRA's 1,500 employees and will focus on increasing investments in technology and innovation. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and customary closing conditions.

S&P Global and CME Group have announced the sale of OSTTRA to KKR for $3.1 billion. The transaction, expected to close in the second half of 2025, will split proceeds evenly between S&P Global and CME Group from their 50/50 joint venture.

OSTTRA, established in 2021, provides post-trade solutions for the global OTC market across interest rates, FX, credit, and equity asset classes. The current management team, led by co-CEOs Guy Rowcliffe and John Stewart, will remain in their positions.

KKR plans to implement a broad-based equity ownership program for OSTTRA's 1,500 employees and will focus on increasing investments in technology and innovation. The deal aims to enhance OSTTRA's market-leading post-trade solutions, drive innovation, and expand its global footprint.

The GEP Global Supply Chain Volatility Index revealed significant disruptions in global manufacturing for March 2025, with spare capacity reaching its highest level since May 2020. The index dropped to -0.51, marking its third consecutive monthly decline.

Key findings include:

• North American manufacturers faced severe retrenchment due to tariffs, with Canada experiencing the steepest decline in purchasing activity
• UK suppliers showed significant weakness, with spare capacity rising to levels only exceeded during COVID-19 or the global financial crisis
• European supply chains showed signs of recovery despite significant slack
• Asian supply chains operated at full capacity, with China and India driving regional procurement activity

Notable trends include manufacturers' stockpiling reaching a nine-year low and transportation costs falling to their lowest in 2025. The data indicates robust global material supply levels, contained labor shortages, and significant geographical differences in factory input demand.