Chunumunu In my initiation report published in September 2023, I highlighted S&P Global's (NYSE:SPGI) diversified portfolios, and anticipated that the global debt issuance would begin to stabilize. S&P Global delivered 6% organic revenue growth in FY23, with Ratings business growing at 9% year-over-year, and they guide 7-9% organic revenue growth with 100bps margin expansion for FY24. I expect the growth in their Ratings business to exceed their guidance in FY24. I am upgrading to 'Strong Buy' rating with a ...

S&P Global (SPGI) stock has jumped 23.6% in the past year, outperforming 20.9% growth of the industry it belongs to.SPGI reported mixed fourth-quarter results, wherein earnings per share of $3.13 missed the Zacks Consensus Estimate by 0.6% but increased 23.2% year over year. Revenues of $3.2 billion surpassed the consensus estimate by 0.5% and improved 7.3% year over year, backed by strong performances in all divisions.How is S&P Global Doing?SPGI has received a boost from service launches that influenced i ...

NEW YORK, April 3, 2024 /PRNewswire/ -- S&P Global's (NYSE: SPGI) first quarter 2024 results will be issued on Thursday, April 25, 2024 via news release at approximately 7:15 a.m. Eastern Daylight Time. The news release will be available at www.spglobal.com. Douglas L. Peterson, President and CEO; Christopher Craig, Interim CFO; and Mark Grant, Senior Vice President, Investor Relations, will host a conference call and webcast at 8:30 a.m. Eastern Daylight Time on April 25, 2024 to discuss the Company's firs ...

New solution evaluates the effectiveness of large language models (LLMs) for financial and quantitative use casesNEW YORK, April 3, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) is proud to announce the launch of S&P AI Benchmarks by Kensho. This innovative benchmarking solution assesses and ranks the quantitative reasoning abilities and expertise of large language models (LLMs) across the business and finance industry. The results of these assessments will be displayed on a scoreboard, providing a transpare ...

Q1 2024 U.S. common dividend increases were $22.7 billion, up 29.5% from $17.5 billion in Q4 2023 and up 14.9% from $19.7 billion in Q1 2023. Q1 2024 U.S. common dividend decreases were $6.7 billion, up 73.3% from $3.9 billion in Q4 2023, and down 33.3% from $10.0 billion in Q1 2023. Q1 2024 net indicated dividend rate change increased $16.0 billion. The 12-months ending March 2024, U.S. common dividend increases were $68.1 billion, down 8.6% from the 12-month March 2023 period's $74.5 billion; decreases ...

NEW YORK, April 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") is updating the market capitalization eligibility criteria for additions to the S&P Composite 1500 Indices. Effective April 1, 2024, the size ranges will be updated as follows: Previous Market Capitalization Eligibility Criteria Updated Market Capitalization Eligibility Criteria Unadjusted company market capitalization of: •  US$ 15.8 billion or more for the S&P 500 •  US$ 5.8 billion to US$ 15.8 billion for the S&P MidCap 400 ...

Inaugural Kuwait PMI® to be released April 3, 2024 NEW YORK, April 1, 2024  /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of the S&P Global Kuwait Purchasing Managers' IndexTM (PMI®). With the addition of the new indicator for Kuwait, S&P Global expands its reach in the Gulf Cooperation Council (GCC), now covering four countries. In total, S&P Global produces PMI data for 46 countries. The S&P Global PMI series, ...

NEW YORK, March 21, 2024 /PRNewswire/ -- S&P Global Market Intelligence announced today that research from Robert W. Baird & Co. Incorporated (Baird), ranked among the top investment research providers in America, will be available exclusively on an embargoed basis to S&P Global Market Intelligence's clients. Baird's research provides industry overviews, company-specific forecasts and recommendations, and in-depth thematic insights from more than 40 senior analysts covering over 700 companies. Baird is regu ...

Virtual-only meeting at 8:30 a.m. (EDT) NEW YORK, March 21, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) will hold its Annual Meeting of Shareholders on May 1, 2024 at 8:30 a.m. (EDT) in a virtual-only meeting format. The Company's Proxy Statement and the latest Annual Report are available at www.spglobal.com/proxy. Shareholders of Record are being mailed their proxy materials with instructions on how to attend, vote, and submit questions online. Richard Thornburgh, Chairman of the Board, will preside over ...

National Survey Rewards Company's People-First Culture for 3rd Straight Year CENTREVILLE, Va., March 20, 2024 /PRNewswire/ -- For the third straight year, CARFAX has earned the 2024 Top Workplaces USA Award for creating a culture that puts its people first. CARFAX employees attest to why they love working here: "The opportunity that Carfax provides to make everyone's voice heard is nothing short of the ultimate sense of gratitude a company can offer. I know that I am appreciated, I matter, and so does my o ...