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 leading provider of financial intelligence, delivering critical data through its credit ratings, market analytics, and benchmark indices. This page aggregates all official company announcements, press releases, and market-moving developments in one centralized location.
Investors and professionals will find timely updates on earnings reports, strategic partnerships, regulatory filings, and leadership changes. The curated collection spans SPGI’s core divisions – including market-shaping ratings assessments, commodity insights, and index updates – providing context for how each development impacts broader financial markets.
Content is organized chronologically track corporate milestones while maintaining focus on material events. Users can efficiently monitor regulatory disclosures, merger activity, and innovation initiatives like AI-driven data tools. Bookmark this page to stay informed about SPGI’s role in shaping global capital flows and risk management practices.
S&P Global Ratings announced on March 22, 2021, a positive outlook for the global economic recovery, driven by favorable fiscal policies and vaccination efforts. The report suggests that rising U.S. Treasury yields indicate confidence in a sustained recovery. While concerns over inflation persist, S&P believes fears are exaggerated and forecasts orderly reflation will support sustainable growth. Risks include potential volatility in credit markets, particularly affecting lower-rated corporate entities and emerging markets.
S&P Global Ratings published a report on March 22, 2021, outlining six significant corporate governance trends for 2021, emphasizing resilience in crisis management amid the pandemic. Key trends include enhanced diversity on boards, increased ESG competency, focus on board effectiveness, integration of ESG metrics with executive pay, growing shareholder activism on environmental issues, and demands for tax transparency. The report highlights the need for companies to prepare for systemic challenges like climate change and improve their governance frameworks.
S&P Dow Jones Indices announced updates to the market capitalization eligibility criteria for the S&P Composite 1500 Indices, effective March 17, 2021. The new thresholds are:
- US$ 11.8 billion or more for the S&P 500
- US$ 3.3 billion to US$ 11.8 billion for the S&P MidCap 400
- US$ 750 million to US$ 3.3 billion for the S&P SmallCap 600
S&P Global Ratings reports shared activism targeting rated entities surged to an all-time high in 2020, increasing by 42% to 313 companies compared to 220 in 2019. The report notes that 26 rating actions were directly linked to activist campaigns, with over 80% being negative. ESG-focused campaigns made up 75% of total campaigns but had limited short-term impact on ratings. Notably, Europe saw a rise in downgrades due to activist campaigns, mirroring trends in the U.S. S&P expects activism to continue to rise in 2021, driven by M&A and ESG factors.
S&P Dow Jones Indices and Experian reported an increase in consumer credit defaults through February 2021. The composite default rate rose to 0.53%, up 5 basis points, while the bank card default rate increased by 21 basis points to 2.93%. Conversely, the auto loan default rate decreased to 0.51%. Notably, major metropolitan areas showed higher default rates, with New York at 0.83% and Miami at 1.16%. This data indicates ongoing concerns in consumer credit health.
S&P Global (NYSE: SPGI) CEO Douglas L. Peterson will present at the Jefferies Virtual Business Services Summit on March 25, 2021, from 1:00 p.m. to 2:00 p.m. EDT. The event will feature a 'fireside chat' format and will be accessible via a live and replay webcast on the Company's Investor Relations website. Following the presentation, a slide deck will be available for download. S&P Global is a leading provider of credit ratings, benchmarks, and analytics, serving the global capital and commodity markets for over 160 years.
S&P Global Ratings announced that Yorkshire Building Society's (YBS) Social Bond Framework is fully aligned with the Social Bond Principles (SBP). The framework commits to using proceeds for eligible social projects focused on socioeconomic advancement and access to essential services. It includes a social bond working group for project selection and exclusion criteria. YBS will track and report proceeds allocated to these projects, along with their social impacts. This alignment opinion does not constitute a credit rating, as it only evaluates the financing framework based on the SBP.
S&P Global (NYSE: SPGI) announced that approximately 99% of its shareholders voted in favor of the merger with IHS Markit (NYSE: INFO) during a special meeting. This approval marks a significant milestone for the combination of the two firms, expected to enhance strengths in data science and research. Both companies aim to complete the merger by the second half of 2021, pending regulatory approvals and customary conditions. CEO Douglas Peterson expressed confidence in driving growth and creating value for stakeholders through this strategic initiative.
S&P Global Ratings reported that despite a record global debt-to-GDP ratio of 267%, a debt crisis is unlikely in the near term. The projected global debt will decline to 258% by year-end 2021. The recovery hinges on successful vaccine rollouts and spending adjustments, with real GDP growth forecasted at 5% for 2021. However, elevated debt levels may lead to higher default risks, with speculative-grade defaults predicted to rise to 7% in the U.S. and 6.5% in Europe by year-end. Interest rates are expected to normalize as the recovery progresses.