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.
S&P Global (NYSE: SPGI) reported Q2 2021 revenues of $2,106 million, reflecting an 8% increase year-over-year. Net income rose 1% to $798 million, with diluted EPS at $3.30. Adjusted net income jumped 6% to $875 million, while adjusted diluted EPS also increased 6% to $3.62. The operating profit margin decreased to 54.8%. Significant revenue growth was observed across all segments, particularly in non-transaction revenue. S&P Global anticipates closing its merger with IHS Markit in Q4 2021, with an adjusted diluted EPS guidance raised to between $12.95 and $13.15.
The S&P Dow Jones Indices announced a remarkable 16.6% annual increase in the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index for May 2021, surpassing April's 14.8%. The 20-City Composite rose 17.0%, while the 10-City Composite was up 16.4%. Significant gains were noted in cities like Phoenix (25.9%), San Diego (24.7%), and Seattle (23.4%). Overall, all 20 cities reported annual price increases, with many reaching historic highs. This growth trend is attributed to post-COVID demand shifts, indicating potential long-term changes in housing preferences.
S&P Global (NYSE: SPGI) has appointed Dr. Richard Mattison as President of its ESG and sustainability organization, S&P Global Sustainable1. Previously the CEO of Trucost, Mattison brings over 20 years of experience in sustainable finance. S&P Global Sustainable1, launched in April 2021, integrates the company's sustainability offerings and houses over 700 billion ESG and climate data points, serving around 11,500 companies. This strategic appointment aims to strengthen the intersection between sustainability and business performance, positioning the organization for future growth.
S&P Global Platts and Intercontinental Exchange announced a joint white paper on July 21, 2021, focusing on the evolution of the Brent complex, which encompasses Dated Brent, Cash Brent, and ICE Brent Crude Oil futures. The paper explores potential new deliverable crude oil options, including Johan Sverdrup and WTI Midland. Platts and ICE are seeking market feedback through consultations, with a deadline for comments set for September 30, 2021. The initiative aims to enhance the Brent complex's strength and ensure its continued relevance as a global benchmark.
On July 20, 2021, S&P Dow Jones Indices and Experian published the latest S&P/Experian Consumer Credit Default Indices data through June 2021. The composite credit default rate decreased by three basis points to 0.41%. Significant declines were observed in bank card defaults, which fell 18 basis points to 2.83%, and auto loan defaults, down four basis points to 0.30%. First mortgage defaults also decreased by two basis points to 0.26%. Among major metropolitan areas, Los Angeles showed the largest drop in defaults at 0.37%.
S&P Global Platts analyzes China's carbon emissions trading program, the world's largest, launched on July 16, 2021. This initiative aligns with China's commitment to meet its 2030 Paris Agreement targets. Although the initial impact on carbon pricing is deemed minimal, with only a 0.5% increase in LNG costs, it signals new investment opportunities in clean energy. Experts suggest that while coal will still account for nearly 30% of China's energy mix by 2050, this program may catalyze the development of carbon-neutral products, contributing to future decarbonization goals.
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