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's CEO, Douglas L. Peterson, will participate in the virtual Goldman Sachs Carbonomics Conference on November 16, 2021, from 15:45 to 16:15 London GMT. The discussion will be webcast, featuring forward-looking insights. Interested parties can access the live and replay webcast on the Company’s Investor Relations website. Additionally, S&P Global and IHS Markit are involved in an SEC filing process related to a major transaction, urging investors to review pertinent documents.
According to S&P Global Market Intelligence's 2022 Technology, Media, and Telecom (TMT) Outlook, a hybrid return to normalcy is anticipated for film and broadcast advertising, while challenges persist for subscription streaming and traditional pay TV due to ongoing semiconductor supply issues. The report predicts a rebound in the box office exceeding $10 billion and growth in broadband subscriptions driven by government subsidies. However, the semiconductor shortage will continue affecting smartphone and TV shipments, impacting content creation and consumption habits.
Douglas L. Peterson, CEO of S&P Global (NYSE: SPGI), will speak at the RBC Global Technology, Internet, Media, and Telecom Conference on November 16, from 10:40 a.m. to 11:10 a.m. EST. The event will be broadcast live and offers the opportunity to view a replay on the company's Investor Relations website. Importantly, this session may contain forward-looking statements and does not constitute an offer to sell securities. S&P Global has filed relevant materials with the SEC regarding its proposed transaction with IHS Markit.
The 2022 Information Technology Outlook from S&P Global Market Intelligence reveals that digitization can enhance enterprise performance in equity and credit markets by 2.7 times. The report highlights the importance of customer experience, hybrid infrastructure, AI, and workplace technology innovations. Key findings include a rise in formal digital transformation strategies to 54%, with many enterprises increasing cloud workloads. Cybersecurity demands have spurred over USD 5 billion in M&A activity. The report underscores the necessity for organizations to leverage data and adapt to evolving workplace expectations.
The recently released 2022 Electric, Natural Gas and Water Utilities Outlook Report by S&P Global Market Intelligence predicts a record year for renewable energy in the U.S., with plans for 44 GW of solar and 27 GW of wind power installations, along with over 8 GW of battery storage. Utilities are expected to spend $63 billion on infrastructure and over $14 billion on renewables. However, early retirement of coal plants may present challenges, and utility ROEs have fallen to record lows. The report indicates ongoing trends in renewable energy, grid transformation, and capital expenditure.
Orion Office REIT will replace Daktronics in the S&P SmallCap 600, effective November 16, 2021. This change follows Realty Income Corp.'s spinoff of Orion Office REIT, expected to complete on November 15, 2021. Daktronics is deemed unrepresentative of the small-cap market space. The shift indicates a restructuring within the index, impacting investor sentiment and market positioning. Keep an eye on the performance of ONL and DAKT stocks post these changes.
S&P Global Ratings announced that the Columbus Metropolitan Housing Authority's Series 2021A and B Revenue Bonds comply with the Social Bond Principles. The authority commits to using bond proceeds for an affordable housing project, integrating environmental and social considerations in its evaluation process. CMHA offers over 4,500 affordable housing units and assists over 250,000 residents in Ohio and Washington, D.C., promoting essential services like employment and health programs. The full Second Party Opinion is available here.
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On November 9, 2021, S&P Global Market Intelligence released its 2022 Insurance Industry Outlook Report, highlighting the need for insurance companies to adapt to significant changes in the economic and competitive landscape. Key themes include emerging risks from economic inflation, the growing importance of reinsurance in life insurance, and the digital transformation of underwriting and distribution. The report predicts increased mergers and acquisitions, particularly in Asia, as established insurers respond to evolving market dynamics and technological advancements.
S&P Global Ratings highlights the potential of natural capital accounting to promote sustainable farming and combat global deforestation. A study focusing on Brazilian Amazon beef production estimates the cost of nature loss at US$4 billion in 2020, impacting 12% of beef processors' revenues. By valuing ecosystem services, S&P suggests that pricing nature could incentivize forest-friendly practices. The report reveals US$4,741 in annual ecosystem service value per hectare of standing Amazon forest, advocating for integrated nature assessments in economic evaluations.