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 (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.
S&P Global Market Intelligence has expanded its municipal securities coverage on the S&P Capital IQ Pro platform by adding 4.6 million securities, bringing the total coverage to nearly 6 million securities. The enhancement includes liquidity scores, end-of-day pricing, analytics, and enhanced terms and conditions data.
This expansion is part of the ongoing integration following S&P Global's merger with IHS Markit in 2022. The platform now provides access to reference and pricing data for over 26 million fixed income securities across various categories. Recent updates also include the launch of Document Intelligence with ChatIQ, a GenAI-powered assistant developed with Kensho, and expanded IQ Newsletters offering mid-day market summaries for US, European, and Asian markets.
Comstock Holding Companies (Nasdaq: CHCI) has announced a significant lease agreement with CARFAX at Reston Station development. CARFAX will occupy approximately 87,000 square feet across 3 floors at 1906 Reston Metro Plaza, with the move expected to complete by the end of 2025.
Reston Station, one of the largest mixed-use developments in the mid-Atlantic region, spans 90 acres around the Wiehle-Reston East Station on Metro's Silver Line. The development currently hosts over 2,000 residents and serves as headquarters for major companies including Google, ICF International, and Spotify. The development is set to expand with over 500 new residential units, new dining and entertainment options, and Virginia's first JW Marriott Hotel & Residences.
S&P Global (NYSE: SPGI) has acquired ProntoNLP, a Generative AI tooling provider specializing in unstructured and structured data analysis. Founded in 2021, ProntoNLP's technology combines natural language processing with large language models for financial data analysis, offering customizable solutions for event detection and sentiment scoring.
The acquisition, completed on December 31, 2024, will integrate ProntoNLP into the S&P Global Market Intelligence division, with plans to implement its intellectual property across enterprise-wide applications. The company aims to enhance its AI-driven solutions for improved context understanding, predictions, and customer decision-making capabilities. Financial terms were not disclosed.
S&P Dow Jones Indices (SPGI) has announced updated market capitalization eligibility criteria for the S&P Composite 1500 Indices, effective January 2, 2025. The new thresholds are: $20.5 billion or more for S&P 500 (up from $18.0 billion), $7.4 billion to $20.5 billion for S&P MidCap 400 (previously $6.7-18.0 billion), and $1.1 billion to $7.4 billion for S&P SmallCap 600 (previously $1.0-6.7 billion).
These ranges target specific percentiles of the S&P Total Market Index: 85th for S&P 500, 85th-93rd for MidCap 400, and 93rd-99th for SmallCap 600. Companies must also maintain a float-adjusted market cap of at least 50% of their respective index's minimum threshold. These criteria apply to new additions only, not existing members.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index recorded a 3.6% annual gain in October 2024, showing a deceleration from the previous month's 3.9%. The 10-City and 20-City Composites posted annual increases of 4.8% and 4.2% respectively, both down from the previous month.
New York led with the highest annual gain of 7.3%, followed by Chicago (6.2%) and Las Vegas (5.9%). The National Index reached its 17th consecutive all-time high, though month-over-month data showed a -0.2% drop before seasonal adjustments. After seasonal adjustment, the National Index posted a 0.3% monthly increase.
Only two markets – Tampa and Cleveland – showed declines during the past month, while markets in Florida and Arizona, though rising, failed to keep pace with inflation.
Acadia Pharmaceuticals (NASD: ACAD) will be added to the S&P SmallCap 600 prior to the opening of trading on Jan 3, 2025, replacing Independent Bank Group (NASD: IBTX).
The change follows an announced acquisition involving SouthState (NYSE: SSB) and is effective before the market open on the stated date. For details, see S&P Dow Jones Indices.
Grid Dynamics Holdings (NASD: GDYN) will be added to the S&P SmallCap 600 prior to the opening of trading on January 2, 2025, replacing Revelyst (GEAR).
The change is effective on the stated date and is part of S&P Dow Jones Indices regular index maintenance.