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 finance and insurance sector company that describes its mission as providing essential intelligence through credit ratings, benchmarks, analytics and workflow solutions. The SPGI news stream highlights how the company’s data and insights intersect with capital markets, commodities, energy transition, artificial intelligence and the automotive sector.
News about S&P Global often covers corporate actions and capital allocation, such as Board-approved dividend increases and the company’s long history of annual dividend payments. Updates can also include announcements about planned or completed transactions, such as the sale of specific businesses or the expected separation of the S&P Global Mobility division into an independent public company.
Another key theme in SPGI news is research and market studies. For example, S&P Global has released a detailed study on copper in the age of AI, examining how electrification, digitalization, data centers and defense spending could affect copper supply and demand through 2040. These reports draw on proprietary data and cross-divisional expertise from areas such as S&P Global Energy and Market Intelligence.
News items also highlight regulatory and governance developments, including settlements involving S&P Global Ratings and the appointment of new directors to the company’s Board. In addition, readers will find coverage of philanthropic and workforce initiatives like the StepForward program, which focuses on AI-enabled workforce readiness for youth, and updates from CARFAX, part of S&P Global Mobility, on topics such as odometer fraud trends.
Investors, analysts and other stakeholders can use the SPGI news page to follow how S&P Global’s ratings, indices, research, financing activities and governance decisions evolve over time and how the company positions itself around themes such as AI, energy transition and global capital markets.
The 2022 Metals and Mining Outlook from S&P Global Market Intelligence predicts continued recovery in the metals sector into 2022, driven by factors like pent-up consumer demand and government stimulus. Demand growth is expected to keep prices above historical averages through 2025, despite a potential moderation in 2022 due to easing supply constraints. Exploration budgets are projected to increase by up to 15% in 2022, though still below the 2012 peak of $20.5 billion. Key trends include rising copper demand from renewable energy and electric vehicles, alongside potential iron ore price volatility.
Loyalty Ventures (LYLT) will replace Applied Optoelectronics (AAOI) in the S&P SmallCap 600 index, effective November 9, 2021. This change follows the spinoff of Loyalty Ventures from Alliance Data Systems (ADS), set for completion on November 8. The decision reflects that Applied Optoelectronics no longer represents the small-cap market. This transition impacts the index's composition, emphasizing the dynamic nature of market capitalization and sector representation.
Summary not available.
Viridi Parente, a developer of innovative lithium-ion technology, has been nominated as a finalist for the Commercial Technology of the Year at the 23rd annual S&P Global Platts Global Energy Awards. Their Green Machine technology offers a renewable mobile energy solution for construction and industrial applications, outperforming fossil fuel options in performance metrics. This recognition highlights the significance of Viridi's technology in emissions reduction and commercial success. The winners will be announced at a gala in New York City on December 9, 2021.
S&P Global (NYSE: SPGI) has released a pioneering research report titled "Glass Floors and Ceilings: Why Closing the Median Wage Gap Isn't Fair". This report examines the gender wage gap over 15 years, highlighting that women in executive roles often receive compensation clustered around the median, which can hinder pay equity. Key findings include a steady rise in women’s median pay ratio contrasted by a decline in mean pay, and evidence of Gender-Based Compensation Management in firms with governance issues. The report aims to prompt companies to adopt a broader perspective in addressing pay equity.
Summary not available.
S&P Global (NYSE: SPGI) reported Q3 2021 revenue of $2,087 million, a 13% increase year-over-year, with net income up 75% to $797 million. Diluted EPS rose 75% to $3.30, driven by strong revenue growth and adjustments linked to merger-related costs. Operating profit margin reached 51.9%. The merger with IHS Markit is progressing, with expected completion in Q1 2022. The company anticipates low double-digit revenue growth in 2021, with GAAP EPS guidance now between $12.50 and $12.65. Free cash flow is projected at $3.6 billion to $3.7 billion.
ZincFive has been recognized as a finalist for the S&P Global Platts Global Energy Awards for its BC Series Battery Cabinets for the second consecutive year. Competing for the title of Commercial Technology of the Year, the BC Series utilizes nickel-zinc batteries to deliver sustainable uninterruptible power solutions in critical applications. The award selection stems from over 300 nominees highlighting innovation and performance. Winners will be announced on December 9, 2021, in New York City.
S&P Global Platts announced the launch of two new daily methanol bunker fuel price assessments for Singapore and Houston, effective October 25, 2021. These assessments aim to reflect the value of methanol as a marine fuel, expanding upon existing offerings that include a previous assessment for Rotterdam. The initiative responds to a growing demand for cleaner marine fuels in the shipping sector and provides transparency for market participants. Daily assessments will include costs related to spot methanol and delivery, as well as comparisons with other marine fuels.
Summary not available.