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.
S&P Global Platts has launched renewable diesel values for the Americas, enhancing market transparency as the transportation and refining industries shift to low-carbon fuels. This initiative follows earlier pricing references in Europe for renewable diesel and sustainable aviation fuel. Platts analysis anticipates a significant supply increase, projecting over 3 billion gallons of global renewable diesel by 2023 and 5 billion gallons by 2025, fueled by U.S. federal standards and investment incentives. Daily prices will reflect production costs and environmental credits, starting December 1, 2020.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have announced a merger agreement valued at $44 billion, including $4.8 billion of net debt. The all-stock transaction allows S&P Global shareholders to own 67.75% of the combined company. The merger aims to enhance growth through complementary assets and leverage advanced technologies like Kensho and IHS Markit Data Lake. Expectations include annual organic revenue growth of 6.5-8.0% and cost synergies of approximately $480 million by the second year post-closing, with a pro forma annual revenue exceeding $11.6 billion.
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S&P Dow Jones Indices has released the September 2020 results of the S&P CoreLogic Case-Shiller Indices, indicating a robust national home price growth of 7.0% year-over-year, up from 5.8% in August. The 10-City Composite and 20-City Composite also showed significant increases of 6.2% and 6.6%, respectively. Cities like Phoenix (up 11.4%), Seattle (up 10.1%), and San Diego (up 9.5%) reported the highest gains. Despite data delays for Detroit, overall market strength signals a possible trend of buyers moving to suburban homes.
S&P Global (NYSE: SPGI) announced that President and CEO Douglas L. Peterson has joined over 30 CEOs in signing the CEO Letter on Disability Inclusion. This initiative, part of the Disability:IN's ‘Are You IN?’ campaign, aims to foster inclusive practices in workplaces. Recognizing the 30th anniversary of the Americans with Disabilities Act, S&P Global has actively improved its disability inclusion efforts, achieving a 100% score on the Disability Equality Index for its culture, leadership, and accessibility initiatives.
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S&P Global Market Intelligence has launched a new energy transition dataset that includes hourly price forecasts for power plant hubs. This dataset is part of the Power Forecast series, assisting market participants in analyzing optimal energy output times and future price changes. It combines insights on project mapping, transmission line routes, and renewable portfolio standards. Notably, California's wind resources are now positioned to benefit from peak pricing during evening hours, offering an alternative to solar energy as it wanes.
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On November 17, 2020, S&P Dow Jones Indices and Experian released data showing a decrease in consumer credit default rates for October 2020. The composite rate fell by 10 basis points to 0.53%, with the bank card default rate dropping 20 basis points to 2.80%. Notably, the auto loan default rate rose slightly by 3 basis points to 0.59%, while the first mortgage default rate decreased by 11 basis points to 0.35%. All five major metropolitan areas reported lower default rates, with Miami experiencing the largest decline, down 67 basis points to 1.13%.
S&P Global (NYSE: SPGI) announced that Chip Merritt, Senior Vice President of Investor Relations, will present at the virtual J.P. Morgan Ultimate Services Investor Conference on November 19, 2020. Merritt's session is scheduled from 3:25 p.m. to 3:55 p.m. EST and will feature a 'fireside chat' format with potential forward-looking insights. The presentation will be broadcast live and available for replay on the Company’s Investor Relations website for 30 days post-event, concluding on December 18, 2020.