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. reports company news across data, benchmarks and analytics for capital, commodity and automotive markets. Coverage includes its credit ratings and market intelligence businesses, S&P Global Energy and Platts price assessments, and S&P Global Mobility products such as CARFAX vehicle history reports, listings, car care tools and recall data.
Recurring updates also include investor conference appearances, product and data launches, board and governance changes, and corporate-status developments involving the Mobility division.
S&P Global (NYSE: SPGI) has completed its $140 billion merger with IHS Markit, enhancing its portfolio across data, analytics, and ratings. The merger aims to accelerate growth, providing a projected 2022 GAAP revenue growth of over 40% and an EPS range of $13.40 to $13.60. The company anticipates annual cost synergies of approximately $600 million and $350 million in revenue synergies, with total EBITA impact expected to reach ~$810 million by 2026. Additionally, a 10.4% dividend increase will provide enhanced returns to shareholders.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have successfully completed their merger, marking a significant milestone in their collaboration. Following this, a press release and Form 8-K will be issued to provide pro forma operating results and 2022 financial guidance. A conference call is scheduled for March 1, 2022, at 8:00 am ET to discuss the merger's details with investors. This merger is expected to create synergies and improve operational efficiencies, positioning the combined company for enhanced market performance.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have finalized their merger as of February 28, 2022. A detailed press release and Form 8-K will be issued later today, outlining adjusted operating results and 2022 financial guidance. An investor conference call is scheduled for March 1, 2022, at 8:00 AM ET to discuss the merger's implications. This merger aims to enhance S&P Global's offerings in providing critical intelligence across various markets.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have received final regulatory approvals from the UK’s Competition and Markets Authority and the European Commission to complete their merger. The consolidation is expected to close on February 28. S&P Global's CEO, Douglas L. Peterson, expressed optimism about the merger, indicating readiness to enhance customer service and shareholder value. A conference call to discuss a business update and 2022 guidance is scheduled for March 1 at 8am EST.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have received final regulatory approvals from the UK's Competition and Markets Authority and the European Commission for their merger. The companies aim to finalize the merger by February 28, 2022. CEO Douglas L. Peterson expressed optimism about the merger's potential to enhance customer service and shareholder value. A business update conference call is scheduled for March 1, 2022 at 8am EST to discuss future guidance.
ZimVie will replace Tabula Rasa Healthcare in the S&P SmallCap 600 index on March 2, 2022. This change comes as Zimmer Biomet Holdings spins off ZimVie, effective March 1, 2022. Post spin-off, Zimmer Biomet will continue to be a part of the S&P 500 index. Tabula Rasa Healthcare is being removed due to its lack of representation in the small-cap market.
S&P Dow Jones Indices announced the December 2021 results for the S&P CoreLogic Case-Shiller Indices, highlighting an 18.8% annual gain for U.S. home prices, unchanged from November. The 10-City Composite increased by 17.0%, while the 20-City Composite rose 18.6%. Phoenix led with a 32.5% increase, followed by Tampa and Miami. Month-over-month, the U.S. National Index showed a 0.9% increase. The report indicated strong growth across all cities with prices at record highs, amid discussions on the impact of rising mortgage rates.
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On February 16, 2022, GTI, the National Energy Technology Laboratory (NETL), and S&P Global Platts launched the Open Hydrogen Initiative (OHI). This collaboration aims to enhance transparency regarding the environmental impacts of hydrogen production, addressing the variability in its carbon intensity. OHI will develop open-sourced tools for stakeholders in the hydrogen value chain to assess carbon intensity at the asset level, promoting standardized measurements. This initiative supports the global transition to low-carbon energy and will be discussed at the S&P Global Platts London Energy Forum on February 21 and 24, 2022.
S&P Global (NYSE:SPGI) has extended the expiration date for its Exchange Offers and Consent Solicitations involving IHS Markit Ltd. (NYSE:INFO) notes from February 22, 2022, to February 28, 2022. This extension follows receipt of required consents to adopt amendments to the governing indentures. The offers aim to exchange up to $4.6 billion of IHS Markit Notes for new S&P Global Notes and cash, contingent on the successful merger with IHS Markit. The settlement is anticipated post-expiration, after the merger closing expected in Q1 2022.