S&P Global Stock Price, News & Analysis

S&P Global (NYSE: SPGI) will hold its Annual Meeting of Shareholders on May 4, 2022, at 11:00 a.m. EDT, in a virtual-only format. Shareholders received proxy materials with instructions for attendance, voting, and questions. Chairman Richard Thornburgh and CEO Douglas L. Peterson will lead discussions, which may include forward-looking information. Details about attending, obtaining control numbers, and submitting questions are available online. A webcast replay will be accessible for one year following the meeting.

Visit www.spglobal.com/proxy for more information.

S&P Dow Jones Indices reported that the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index experienced a 19.8% annual gain in February 2022, an increase from 19.1% in January. The 10-City Composite rose to 18.6%, while the 20-City Composite increased to 20.2%. Notably, Phoenix saw the highest increase at 32.9%, followed by Tampa at 32.6% and Miami at 29.7%. Month-over-month, the U.S. National Index surged by 1.7% before seasonal adjustments. However, analysts warn that the ongoing macroeconomic changes may impact future home price growth.

A10 Networks will replace Ferro Corp in the S&P SmallCap 600, effective April 26, 2022. This change follows Ferro's acquisition by Prince International Corp., closing the same day. A10 Networks (ATEN) operates in the Information Technology sector, likely benefiting from increased visibility and investment opportunities within the index.

S&P Global Market Intelligence has added the NATF standard for utilities to its KY3P® solution, enhancing third-party risk management. Con Edison is the first utility to adopt this solution, utilizing the NATF "Energy Sector Supply Chain Risk Questionnaire" for supplier risk assessments. This integration streamlines due diligence and improves efficiency in risk management. The NATF tool aims to ensure regulatory compliance and drive consistency across suppliers in the energy sector. Both S&P Global and NATF officials emphasize the importance of standardized risk assessments to enhance operational cost savings.

S&P Global Commodity Insights has partnered with Plastics Recyclers Europe (PRE) to bolster the transparency of the recycled plastics market. This collaboration will provide PRE members access to key Platts Polymer Prices and market information, alongside live event collaborations, joint webinars, and workshops. Shelley Kerr, Global Head of Petrochemicals Markets, emphasized the importance of this partnership in navigating the sustainability challenges in petrochemicals. The plastics recycling sector in Europe, valued at over €3 billion, is crucial for the transition to a circular economy.

S&P Dow Jones Indices and Experian reported that consumer credit defaults have risen through March 2022. The composite rate increased two basis points to 0.48%. The bank card default rate saw a significant rise of 12 basis points to 2.27%, while the auto loan default rate increased to 0.56% and the first mortgage rate reached 0.35%. Most major metropolitan areas recorded higher default rates, with New York experiencing the largest increase at 0.80%.

automotiveMastermind, part of S&P Global Mobility, has launched Mastermind Academy, an external learning management system aimed at enhancing dealership training. This initiative offers on-demand online content for dealer employees, allowing for self-paced learning. The Academy features three training routes: a Courses page, a Best Practices page, and a Dealer Resource page.

With a focus on ensuring dealers leverage Mastermind's capabilities, Mastermind Academy also provides certifications for completed courses, enhancing professional profiles.

S&P Global has appointed Daniel Yergin as Vice Chairman following its merger with IHS Markit. Yergin, previously Vice Chairman of IHS Markit, brings extensive experience in energy and economics to the leadership team. His appointment is effective immediately, and he will report to CEO Doug Peterson. Yergin's credentials include award-winning publications and significant roles in global energy discussions. This move is expected to enhance S&P Global's intelligence and analytics capabilities in the evolving market landscape.

The Global Bank Rankings by S&P Global Market Intelligence reveal that Chinese banks retained their top positions, while European lenders saw declines in their asset rankings. In 2021, 26 of 37 European banks fell in rank amid a 2.16% decrease in total assets to $36.9 trillion. Chinese banks like Industrial & Commercial Bank of China solidified their lead. Meanwhile, U.S. banks like JPMorgan Chase and Bank of America improved their rankings. Analysts note that slowing economic growth and competitive pressures are contributing factors.