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S&P Global (SPGI) Stock News, Sep-Oct 2021

SPGI NYSE

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.

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Gazelle Wind Power has been recognized as a finalist in the 23rd annual S&P Global Platts Global Energy Awards in two categories: Emerging Technology of the Year and Rising Star Company Award. Their innovative floating wind platform technology, which received a feasibility statement from DNV, is designed to enhance energy production by being placed farther offshore, while minimizing costs and environmental impact. The winners will be announced in New York City on December 9, 2021.

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S&P Global (NYSE: SPGI) will release its third quarter 2021 financial results on October 26, 2021, at 7:15 a.m. EDT. A conference call will follow at 8:30 a.m. EDT, featuring CEO Douglas L. Peterson and CFO Ewout Steenbergen, discussing these results. The presentation will be accessible through their Investor Relations website. Archived materials will be available post-call. The company provides crucial credit ratings and market analytics in the capital and commodity markets.

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S&P Dow Jones Indices reported a $20.9 billion increase in indicated dividend changes for U.S. common stocks during Q3 2021, marking the largest gain since Q1 2012. This compares to $12.9 billion in Q2 2021 and a decline of $2.3 billion in Q3 2020. In the 12 months ending September 2021, net dividends rose by $61.4 billion. Q3 2021 saw record payments of $130.0 billion to S&P 500 shareholders, a 5.4% increase per share to $15.36 from Q2 2021. However, potential changes to dividend tax rates may affect future payments.

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GridPoint, a leader in energy management, has been named a finalist in the S&P Global Platts Global Energy Awards for its innovative solutions in the Grid Edge category. The company's intelligent energy network, spanning over 15,000 locations, enhances grid resiliency and supports sustainability via energy-efficient, grid-interactive buildings. With a focus on integrating distributed energy resources, GridPoint aids utilities in improving energy capacity and reliability. Winners will be announced on December 9 in New York City.

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Bidgely has been named a finalist in the S&P Global Platts Global Energy Awards for its innovative deployment of AI and data analytics solutions in utility organizations. Recognized in the 'Grid Edge' category, Bidgely's UtilityAI platform has transformed energy data into actionable insights, effectively addressing challenges during the COVID-19 pandemic. The award winners will be announced at a gala event on December 9 in New York City, highlighting the company's commitment to advancing energy innovation.

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OptimizeRx Corp. (NASDAQ: OPRX) is set to replace Lydall Inc. (NYSE: LDL) in the S&P SmallCap 600 index effective October 4, 2021. This change is occurring as Clearlake Capital Group is acquiring Lydall, with the deal expected to close around October 1. This addition marks a significant milestone for OptimizeRx, aligning it with a key financial benchmark, while Lydall will be removed from the index.

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FAQ

What is the current stock price of S&P Global (SPGI)?

S&P Global (SPGI) last closed at $402.73.

What is the market cap of S&P Global (SPGI)?

The market cap of S&P Global (SPGI) is approximately $118.7B.