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 leading provider of financial intelligence, delivering critical data through its credit ratings, market analytics, and benchmark indices. This page aggregates all official company announcements, press releases, and market-moving developments in one centralized location.
Investors and professionals will find timely updates on earnings reports, strategic partnerships, regulatory filings, and leadership changes. The curated collection spans SPGI’s core divisions – including market-shaping ratings assessments, commodity insights, and index updates – providing context for how each development impacts broader financial markets.
Content is organized chronologically track corporate milestones while maintaining focus on material events. Users can efficiently monitor regulatory disclosures, merger activity, and innovation initiatives like AI-driven data tools. Bookmark this page to stay informed about SPGI’s role in shaping global capital flows and risk management practices.
CARFAX has announced its fourth annual Top-Rated Dealers Award, recognizing dealerships across the U.S. for exceptional customer service based on verified consumer ratings. The winners, who achieved an average score of 4.5 out of 5 stars in 2022, were revealed ahead of the National Automobile Dealers Association Show in Dallas. Johnson Lexus of Raleigh, North Carolina, received the most five-star reviews with 559. Awarded dealers will receive promotional materials and digital assets to showcase their rankings. CARFAX, part of S&P Global (NYSE: SPGI), aims to help consumers confidently buy and service used cars.
On January 25, 2023, DoubleVerify Holdings (NYSE: DV) announced its addition to the S&P SmallCap 600 index, effective January 31, 2023. This change will see Meridian Bioscience (NASDAQ: VIVO) removed from the index, as it is currently being acquired by SD Biosensor. The acquisition is pending final conditions, suggesting a strategic shift in the market landscape. The index change highlights DoubleVerify's growth and significance within the Information Technology sector, while Meridian's removal signifies a substantial transition for the company involved.
U.S. Secretary of Energy, Jennifer M. Granholm, will speak at the 41st annual CERAWeek by S&P Global in Houston from March 6-10, 2023. The event will focus on 'Navigating a Turbulent World: Energy, Climate and Security,' featuring discussions with global energy leaders, policymakers, and industry experts. Key themes will include energy security, transition, affordability, and the impact of geopolitics on energy markets. Notable speakers include John Podesta and executives from major energy companies. The conference aims to explore strategies for reducing emissions and meeting global energy demands amid current uncertainties.
S&P Global (NYSE: SPGI) announced a 6.4% increase in its quarterly cash dividend, raising it from
automotiveMastermind, a part of S&P Global Mobility, has announced upgrades to its Mastermind platform, enhancing dealers' market insights and advertising capabilities. Key features include the new Market Impact dashboard for performance analytics, a Lease Buyout feature tracking lease customers, and integration with Meta for targeted digital advertising. From 2019 to 2022, lease buyouts surged from 12% to 45%, showcasing significant market shifts. These enhancements are designed to help dealers streamline operations, boost customer loyalty, and leverage first-party data for better sales outcomes amidst challenging economic conditions.
The GEP Global Supply Chain Volatility Index report indicates a sharp decline in demand for raw materials and components, suggesting a potential recession in early 2023. The index rose from 1.15 in November to 1.61 in December, highlighting increasing supply chain volatility. Businesses in Europe and North America are now prioritizing safety stockpiling due to a COVID-19 resurgence in China and rising concerns about supply and pricing. Key findings reveal labor shortages, falling demand, and low transportation costs, with Europe experiencing the most stretched supply chains. This data, sourced from S&P Global, indicates shifting market dynamics with implications for inflation.
S&P Global (NYSE: SPGI) has announced an agreement to sell its Engineering Solutions business to KKR for $975 million in cash. This divestiture is expected to yield approximately $750 million in after-tax proceeds, which S&P Global plans to use for share repurchases. The transaction, anticipated to close by the end of Q2 2023, aligns with S&P Global's strategy to focus on core businesses. Engineering Solutions, serving over 6,000 customers globally, will benefit from KKR's investment in innovation and growth. The sale follows S&P Global's outlined intent to divest this segment as announced in November 2022.
S&P Global Sustainable1 and the UN Environment Programme launched the Nature Risk Profile on January 17, 2023, in Davos, Switzerland. This methodology aims to help the financial sector measure and address nature-related risks through data-driven analytics concerning companies' impacts and dependencies on biodiversity. With half of the world's GDP reliant on nature, biodiversity loss poses significant risks for businesses. The new metrics provide crucial insights for mitigating these risks, supporting the Kunming-Montreal Global Biodiversity Framework and aligning with the Taskforce on Nature-related Financial Disclosures (TNFD). The methodology will be open access and encourages collaboration across sectors.