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.
Bank card default rates declined for the third month in a row, according to the S&P/Experian Consumer Credit Default Indices released on October 18, 2022. The composite default rate remained steady at 0.57%, while the bank card default rate fell three basis points to 2.38%. Default rates for auto loans and first mortgages remained unchanged at 0.72% and 0.42%, respectively. Miami saw the largest decline among major cities, dropping 17 basis points to 0.99%. Other cities also experienced reductions, indicating a positive trend in consumer credit stability.
CPower, a leader in unlocking the value of Distributed Energy Resources (DERs), has been recognized as a finalist in the Grid Edge category for the 24th Annual S&P Global Platts Global Energy Awards. Following the acquisition of Centrica Business Solutions' U.S. demand response business, CPower now manages 6.3 GW of capacity. The company rewarded over 2,400 organizations with more than $230 million last year for their energy contributions. The winners will be announced on December 8 in New York City.
Novata, a leading ESG data management platform for private markets, has received the Network 20/20 Global Innovators Award for Governance and Institutions. This recognition highlights Novata’s commitment to sustainable capitalism through technology. Backed by key organizations including S&P Global (NYSE: SPGI) and Hamilton Lane (NASDAQ: HLNE), the platform aids in ESG metric selection, data collection, and investment analysis. The award, accepted by Lorraine Spradley-Wilson, acknowledges Novata's collaboration with industry experts to address ESG challenges. The company aims to simplify ESG data management for private markets.
Bidgely has been named a finalist in the 24th Annual Platts Global Energy Awards, specifically in the 'Grid Edge' category, for the second consecutive year. This recognition highlights Bidgely's role in supporting utilities like Avangrid's United Illuminating with advanced EV solutions aimed at optimizing energy consumption and improving grid reliability. The event, hosted by S&P Global Commodity Insights, honors innovation in various energy sectors. Winners will be announced on December 8 during a gala in New York City.
S&P Dow Jones Indices reported a net indicated dividend increase of $17.7 billion for Q3 2022, a slight rise from $17.6 billion in Q2 2022, but down from $20.9 billion in Q3 2021. U.S. common dividend increases totaled $19.1 billion, a 0.9% decrease quarter-over-quarter and a 14% decline year-over-year. The 12-month net dividend rate increase was $71.5 billion, up 16.4% from the previous year. Despite these gains, concerns over inflation and interest rate hikes have led to cautious growth in dividends, with projections indicating a potential record for Q4 2022.
The Board of Directors of S&P Global (NYSE: SPGI) has declared a cash dividend of $0.85 for the fourth quarter of 2022. This dividend is payable on December 12, 2022, to shareholders on record as of November 28, 2022. The annualized dividend rate stands at $3.40 per share. S&P Global has consistently paid dividends since 1937 and has increased its dividend annually for at least the last 49 years, showcasing a strong commitment to returning value to shareholders.
S&P Dow Jones Indices has launched the iBoxx EUR Corporates Net Zero 2050 Paris-Aligned ESG index, a new climate-focused bond index that enhances its Paris-Aligned and Climate Transition capabilities. This index tracks investment-grade corporate bonds while incorporating ESG factors, aiming to meet the standards for the EU's Paris-Aligned Benchmarks. It excludes constituents involved in controversial business practices or violations of the UN Global Compact principles. The index supports a sustainable investment strategy aligned with climate goals.
S&P Global (NYSE: SPGI) will announce its third quarter 2022 results on October 27, 2022, at approximately 7:15 a.m. Eastern Daylight Time. A conference call will follow at 8:30 a.m. to discuss the results, hosted by CEO Douglas L. Peterson and CFO Ewout Steenbergen. The call is open to all and may include forward-looking information. The webcast will be accessible live and as a replay on the Company's Investor Relations website.
For more details, visit www.spglobal.com.