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 (NYSE: SPGI) announced the expiration of its Exchange Offers and Consent Solicitations for IHS Markit Notes as of February 28, 2022. An aggregate of $4.473 billion in IHS Markit Notes was tendered. Holders of these notes will receive $1,000 of S&P Global Notes for every $1,000 of IHS Markit Notes validly tendered. The merger with IHS Markit was completed on the same day, triggering the Amendments to remove restrictive covenants in the indentures. Settlement is expected on March 2, 2022.
S&P Global (NYSE: SPGI) has completed its $140 billion merger with IHS Markit, enhancing its portfolio across data, analytics, and ratings. The merger aims to accelerate growth, providing a projected 2022 GAAP revenue growth of over 40% and an EPS range of $13.40 to $13.60. The company anticipates annual cost synergies of approximately $600 million and $350 million in revenue synergies, with total EBITA impact expected to reach ~$810 million by 2026. Additionally, a 10.4% dividend increase will provide enhanced returns to shareholders.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have successfully completed their merger, marking a significant milestone in their collaboration. Following this, a press release and Form 8-K will be issued to provide pro forma operating results and 2022 financial guidance. A conference call is scheduled for March 1, 2022, at 8:00 am ET to discuss the merger's details with investors. This merger is expected to create synergies and improve operational efficiencies, positioning the combined company for enhanced market performance.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have finalized their merger as of February 28, 2022. A detailed press release and Form 8-K will be issued later today, outlining adjusted operating results and 2022 financial guidance. An investor conference call is scheduled for March 1, 2022, at 8:00 AM ET to discuss the merger's implications. This merger aims to enhance S&P Global's offerings in providing critical intelligence across various markets.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have received final regulatory approvals from the UK’s Competition and Markets Authority and the European Commission to complete their merger. The consolidation is expected to close on February 28. S&P Global's CEO, Douglas L. Peterson, expressed optimism about the merger, indicating readiness to enhance customer service and shareholder value. A conference call to discuss a business update and 2022 guidance is scheduled for March 1 at 8am EST.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have received final regulatory approvals from the UK's Competition and Markets Authority and the European Commission for their merger. The companies aim to finalize the merger by February 28, 2022. CEO Douglas L. Peterson expressed optimism about the merger's potential to enhance customer service and shareholder value. A business update conference call is scheduled for March 1, 2022 at 8am EST to discuss future guidance.
ZimVie will replace Tabula Rasa Healthcare in the S&P SmallCap 600 index on March 2, 2022. This change comes as Zimmer Biomet Holdings spins off ZimVie, effective March 1, 2022. Post spin-off, Zimmer Biomet will continue to be a part of the S&P 500 index. Tabula Rasa Healthcare is being removed due to its lack of representation in the small-cap market.
S&P Dow Jones Indices announced the December 2021 results for the S&P CoreLogic Case-Shiller Indices, highlighting an 18.8% annual gain for U.S. home prices, unchanged from November. The 10-City Composite increased by 17.0%, while the 20-City Composite rose 18.6%. Phoenix led with a 32.5% increase, followed by Tampa and Miami. Month-over-month, the U.S. National Index showed a 0.9% increase. The report indicated strong growth across all cities with prices at record highs, amid discussions on the impact of rising mortgage rates.
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On February 16, 2022, GTI, the National Energy Technology Laboratory (NETL), and S&P Global Platts launched the Open Hydrogen Initiative (OHI). This collaboration aims to enhance transparency regarding the environmental impacts of hydrogen production, addressing the variability in its carbon intensity. OHI will develop open-sourced tools for stakeholders in the hydrogen value chain to assess carbon intensity at the asset level, promoting standardized measurements. This initiative supports the global transition to low-carbon energy and will be discussed at the S&P Global Platts London Energy Forum on February 21 and 24, 2022.