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 Market Intelligence has released its annual Global Regulatory Reporting Survey, revealing significant operational challenges in the regulatory reporting market. The survey highlights that 40% of respondents rely on manual processes for adapting to regulatory changes, while nearly 40% of firms spend over ten hours weekly addressing data quality issues.
The survey, conducted by Cappitech in summer 2024, shows that 70% of firms felt well-prepared for regulatory changes, and two-thirds are either using or planning to use third-party solutions. The study gathered responses from 74 professionals across various regions, primarily representing banks and asset managers.
S&P Global Commodity Insights has launched five new price-assessment-based indices through its Platts division to track global commodity sector value trends. The new indices cover Global Transportation Fuels, Conventional Energy, Industrial Materials, Decarbonization, and Global Recycled Packaging. These indices compile spot physical prices from various markets including oil, natural gas, LNG, carbon, metals, chemicals, and biofuels. Over 380 companies have engaged with these indices during beta testing, with the Transportation Fuels Index showing a 9.5% decline year-to-date through October, indicating reduced inflationary pressure from fuel costs.
CARFAX Canada has released its Year in Rear View 2024 report, revealing significant insights from millions of Vehicle History Reports. Key findings show that 152,622 vehicles are currently reported as stolen in Canada, with a 25% increase in theft reports this year. The report identified 141,260 potential VIN clones in operation. Total accident claim damages exceeded $7.6 billion, with Alberta leading in hail damage claims at $140 million. Additionally, 42% of lien checks revealed outstanding debt on vehicles. The report aims to help protect Canadians during vehicle transactions by providing comprehensive vehicle history information.
S&P Global Mobility projects November US light vehicle sales to reach 1.31 million units, representing a 6% growth year-over-year. The seasonally adjusted rate (SAAR) is expected to hit 15.9 million units, aligned with October's 16.0 million. Retail sales show sustained progress, supported by rising inventory, year-end promotions, and potentially lower interest rates. Available retail advertised inventory reached 3.06 million vehicles in October, marking the second consecutive month above three million units since the pandemic. Battery Electric Vehicle (BEV) share has maintained above 8% since June, with November projected at 8.7%.
CARFAX reports alarming maintenance delays in US vehicles, with approximately 20% behind on oil changes and 30% on tire rotations, affecting over 30 million vehicles total. The company warns about the risks of neglected maintenance, especially during holiday travel season. Low or dirty oil can lead to engine failure, while skipped tire rotations may cause uneven wear and increased risk of flats or blowouts. The report also emphasizes the importance of winter-specific maintenance, including checking wiper blades, batteries, cooling systems, and considering winter tires for safer holiday travel.
S&P Dow Jones Indices announced index rebalances effective prior to the open on November 26, 2024. Texas Pacific Land (TPL) will join the S&P 500; Mueller Industries (MLI) moves to the S&P MidCap 400; Atlas Energy Solutions (AESI) joins the S&P SmallCap 600.
Marathon Oil (MRO) will be deleted from the S&P 500, reflecting ConocoPhillips (COP) announced acquisition of Marathon Oil expected to close November 22, 2024, subject to final closing conditions.
S&P Global Market Intelligence has released a report highlighting the convergence of public and private credit markets in 2024 and its expected continuation into 2025. The report reveals that while public debt markets have grown, the $1.5 trillion private markets continue rapid expansion. Key findings show that Credit Default Swap (CDS) credit events have remained low, with only two credit event auctions in 2024. The private credit market is projected to double by 2028, though regulators and investors are calling for increased oversight in this largely unregulated space. The report notes that companies now have unprecedented access to private credit sources, potentially affecting credit risk transparency.
S&P Global Market Intelligence has released an analysis examining key M&A trends through 2025. While M&A announcements have increased in 2024, they remain below pre-pandemic levels and far from 2021's records. Private equity firms are showing increased activity and are expected to deploy more capital in a lower rate environment. The report highlights that oil and gas sector consolidation continues despite antitrust concerns, with North American transactions reaching record levels. The technology sector shows potential for recovery, though traditional strategic acquirers remain less active. Lower interest rates and a less restrictive regulatory environment are expected to create more favorable conditions for dealmaking.
Haynes International (HAYN) will be removed from the S&P SmallCap 600 index due to its pending acquisition. Dream Finders Homes (DFH) will replace HAYN in the index effective prior to market opening on Monday, November 25, 2024. The change comes as Haynes International's acquisition is expected to close soon, pending final conditions. Dream Finders Homes will be classified under the Consumer Discretionary sector, while Haynes International was previously listed under Materials.
Dream Finders Homes (NYSE: DFH) will be added to the S&P SmallCap 600 prior to the opening of trading on November 25, 2024, replacing Haynes International (HAYN). The table listing shows the effective date, action, ticker, and GICS sector as Consumer Discretionary.
Haynes is being removed as it is being acquired pending final closing conditions.