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.
CARFAX has announced its sixth annual Top-Rated Dealers Awards, recognizing the nation's leading dealerships based on 7.8 million verified customer ratings. The 2024 winners achieved an average rating of 4.6 out of 5 stars, with approximately 20% of recipients maintaining their top-rated status since the award's inception six years ago.
The company is also introducing the 5X Top-Rated Dealer Award for dealerships maintaining high customer ratings for five consecutive years. Winning dealerships will receive promotional materials for their showrooms and digital assets, including the ability to showcase their recognition on Vehicle History Reports. They can also promote their achievement on social media using #CARFAXtoprated, and will receive the #GoldenCARFOX recognition.
automotiveMastermind has unveiled enhanced Actionable Intelligence™ features with Mastermind CoPilot, a generative AI-powered sales talk track generator. The system creates instant sales scripts for calls, emails, and SMS communications, leveraging over one billion customer and vehicle data points collected over a decade.
The technology utilizes behavior drivers, customer information, vehicle details, and replacement deal information to generate customized scripts. What sets Mastermind CoPilot apart is its foundation in comprehensive automotive data science and predictive analytics, ensuring highly personalized and accurate messaging for dealership sales professionals.
The company will showcase Mastermind CoPilot at NADA Show in New Orleans at booth #3535, January 24-26, 2025.
S&P Global Commodity Insights has launched pioneering weekly cement and cement clinker price assessments for Turkey and associated freight to Europe and North America. This marks the first-ever cement assessments by a Price Reporting Agency in a market valued at approximately $400 billion.
The initiative comes as the cement industry, accounting for about 8% of global emissions, faces increasing pressure for decarbonization and transparency. The assessments are particularly significant given upcoming regulations like the EU's Carbon Border Adjustment Mechanism in 2026.
Turkey's position as a major cement and clinker trader, supported by strong logistics, quality standards, and strategic location, makes it a important focus for these assessments. The new suite incorporates market data including bids, offers, trades, and other indicators to reflect spot market values at key cement hubs.
automotiveMastermind has launched Acquire, a new data-driven technology within the Mastermind platform designed to help automotive dealers expand their market share. The product leverages Polk Audiences from S&P Global Mobility and auto finance-related data to identify potential vehicle buyers outside dealers' existing databases.
The system features an interactive Opportunity Map organized by ZIP code, allowing dealers to visualize and target specific neighborhoods and audiences. Acquire automates multi-month direct outreach campaigns and includes customizable marketing templates with features for hero vehicles, personalized discounts, and specific calls to action. The product will be showcased at NADA Show in New Orleans, January 24-26, 2025.
CARFAX reports a concerning rise in unfixed vehicle recalls, with 58.1 million vehicles (one in five) having at least one unresolved recall - a 16% increase in two years. More alarmingly, over 14 million vehicles have two or more unresolved recalls, potentially affecting critical safety components like brakes, airbags, and seatbelts.
The top three states with multiple unfixed recalls are Texas (1.6 million), California (1.5 million), and Florida (901,000). Despite these repairs being available at no cost to car owners, the number of unfixed recalls continues to grow. CARFAX Car Care, a free service monitoring over 67 million registered vehicles, helps drivers track maintenance needs, safety inspections, and new recalls.
automotiveMastermind has enhanced its dealership services by introducing real-time tracking of customer website activity, complementing its Behavior Prediction Score (BPS) system. The new Actionable Intelligence™ feature monitors customers' interactions on dealership websites, including search results, vehicle detail page activity, credit applications, service scheduling, chat conversations, and lead form submissions.
The functionality, integrated into Mastermind's Customer Deal Sheet, enables dealership sales and marketing teams to create personalized customer outreach based on actual shopping behavior. This enhancement builds upon Mastermind's existing capability to predict potential customers and adds prescriptive abilities to respond to real shopping patterns. The company will showcase this new feature at the NADA Show in New Orleans, January 24-26, 2025.
S&P Global Commodity Insights forecasts that cleantech energy supply investments will reach $670 billion in 2025, surpassing upstream oil and gas spending for the first time. Solar PV will represent half of all cleantech investments and two-thirds of installed megawatts.
The report identifies key trends including: supply chain tensions with China's dominance in manufacturing, battery storage transformation of power markets, AI revolution in clean energy management, datacenter-driven clean energy procurement expected to reach 300 TWh annually by 2030, and ammonia's emergence in low-carbon hydrogen production. The CCUS sector is projected to secure 70 million metric tons per year of CO2 capture capacity in 2025.
Despite significant investments, current levels remain insufficient to meet climate goals, particularly the target of tripling renewable capacity by 2030. China is expected to add nearly twice as many gigawatts per dollar compared to the United States, while its market share in PV module production will decline to 65% and battery cell manufacturing to 61% by 2030.
S&P Global (NYSE: SPGI) has announced it will release its fourth quarter and full-year 2024 financial results on Tuesday, February 11, 2025 at approximately 7:15 a.m. Eastern Time. The results will be accessible at www.spglobal.com.
Following the release, the company will host a conference call and webcast at 8:30 a.m. Eastern Time on the same day. The presentation will be led by Martina Cheung (President and CEO), Christopher Craig (Interim CFO), and Mark Grant (Senior Vice President, Investor Relations) to discuss the financial results.
S&P Dow Jones Indices reported that U.S. common indicated dividend payments increased by $11.7 billion in Q4 2024, up from $9.5 billion in Q3 2024. Q4 dividend increases were $14.2 billion, while decreases were $2.5 billion. For the full year 2024, net dividend rate increased by $53.3 billion, compared to $36.5 billion in 2023.
The S&P 500 set a record for Q4 2024 dividend payments at $19.81 per share, up 6.0% from Q3 and 7.8% from Q4 2023. For 2024, the index paid $74.83 per share, a 6.4% increase from 2023. Dividend growth slowed in the second half of 2024, following major initiations by Brookings, Meta Platforms, Salesforce, and Alphabet in the first half.
Currently, 80.9% of S&P 500 companies pay dividends, with expectations of an 8% increase in dividend payments for 2025, compared to 6.4% in 2024.
Maplebear (NASD: CART) will join the S&P MidCap 400 and Enovis (NYSE: ENOV) will join the S&P SmallCap 600 effective before trading on January 14, 2025. CONSOL Energy is acquiring Arch Resources and will be renamed Core Natural Resources with ticker CNR upon closing.
The table of index changes lists additions and deletions for the two indices and the effective date of January 14, 2025.