NEW YORK, Feb. 27, 2024 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for December 2023 show that 17 out of the 20 major metro markets reported month-over-month price decreases. More than 27 years of history are available for the data series and can be accessed in full by going to www.spglobal.com/spdji/en/index-family/indicators/sp-corelogic-case-shiller. YEAR-OVER-YE ...

S&P Global Mobility projects that February 2024 will realize a slight rebound from the slow January result, but new vehicle sales levels remain tepid.SOUTHFIELD, Mich., Feb. 27, 2024 /PRNewswire/ -- With volume for the month projected at 1.22 million units, February 2024 U.S. auto sales are estimated to translate to an estimated sales pace of 15.5 million units (seasonally adjusted annual rate: SAAR). This would be a step up from the chilly 15.0 million unit pace of January 2024 and reflective of the volati ...

World's preeminent energy conference to focus on 'Multidimensional Energy Transition: Markets, climate, technology and geopolitics.' Learn more at www.ceraweek.com HOUSTON, Feb. 26, 2024  /PRNewswire/ -- The 42nd annual gathering of CERAWeek by S&P Global—the world's preeminent energy conference—will convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, March 18-22 in Houston. CERAWeek 2024: Multidimensi ...

Acura and Mitsubishi win first awards, while Tesla repeats in several categoriesSOUTHFIELD, Mich., Feb. 26, 2024 /PRNewswire/ -- S&P Global Mobility today announced the winners of its 28th annual Automotive Loyalty Awards, recognizing General Motors as the winner of its 'Overall Loyalty to Manufacturer' award and Tesla for 'Overall Loyalty to Make.' In a new addition to the awards for 2024, the Lincoln Nautilus was recognized in the 'Overall Loyalty to Model.' category.   Tracking consumer buying activity f ...

LONDON and SINGAPORE and NEW YORK, Feb. 21, 2024 /PRNewswire/ -- S&P Global today published the latest edition of its Look Forward research series, focusing on the most important themes that will drive the development of global supply chains through to 2030.The global supply chain industry finds itself at a juncture, grappling with pressures from geopolitical tensions, shipping disruptions and looming threats from climate change and technological advances. S&P Global presents Look Forward: Supply Chain, ...

Visible Alpha, the financial technology provider of deep industry and segment consensus data, will be a part of the S&P Global Market Intelligence division  S&P Global also intends to explore strategic opportunities for Fincentric, its digital solutions business, as part of a portfolio shift to accelerate focus in core areas of strategic growth NEW YORK, Feb. 20, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced an agreement to acquire Visible Alpha, the financial technology provider of deep ind ...

Excess global supply chain capacity shrinks to its lowest level in nine months, showing the first signs of recovery in global manufacturing Demand for raw materials, commodities and components, while subdued, also trends higher in January Asian supply chains at their busiest in nearly a year as factory purchasing rebounds in region's key markets CLARK, N.J., Feb. 13, 2024 /PRNewswire/ -- The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportatio ...

Investing in the stock market is an excellent way to build long-term wealth. Blue chip stocks can be a fantastic place to start if you decide to try your hand at stock picking. Investing in these stocks can provide stable, reliable, long-term growth. That's because these companies have strong competitive positions and track records of success.While these stocks may not offer explosive upside potential, they can be a good source of dividends and investment returns, helping you achieve your goals of building ...

S&P Global Inc. (SPGI) reported mixed fourth-quarter results, wherein earnings missed the Zacks Consensus Estimate but revenues beat the same.Adjusted EPS 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.Quarter DetailsRevenues from Marketing Intelligence were $1.1 billion, which increased 9% from the year-ago figure but mi ...

Financial Data and Key Metrics Changes - In 2023, revenue increased by 8% year-over-year, excluding the divested Engineering Solutions [49] - Adjusted EPS grew by 13%, reaching the high end of the guidance range [67] - Adjusted operating margins expanded by nearly 300 basis points in Q4, with a total margin expansion of approximately 100 basis points for the year [67] Business Line Data and Key Metrics Changes - Market Intelligence revenue increased by 9%, driven by strong growth in Data & Advisory Solutions and Enterprise Solutions [83] - Ratings revenue grew by 19% year-over-year, exceeding internal expectations, with a 32% increase in operating profit [85] - Commodity Insights revenue grew by 10%, with Price Assessments and Energy & Resources Data & Insights growing by 12% and 13% respectively [118][119] Market Data and Key Metrics Changes - Billed issuance increased by 8% for the full year 2023, with strong growth in bank loans, structured finance, and high yield [54] - The company expects billed issuance growth in the range of 3% to 7% for 2024, with stronger growth anticipated in the first half [96] Company Strategy and Development Direction - The company aims to balance margin expansion with strategic initiatives and long-term growth, focusing on innovation and customer value [53][70] - A formal artificial intelligence leadership team was established to enhance AI initiatives across the enterprise [67] - The company plans to optimize its portfolio through potential acquisitions or divestitures [71] Management's Comments on Operating Environment and Future Outlook - Management anticipates macroeconomic and geopolitical challenges in 2024, but remains confident in the company's role as a strategic partner for customers [70] - The outlook for 2024 includes expectations of a soft landing scenario, with global GDP growth projected at 2.8% [95] Other Important Information - The company returned $4.4 billion to shareholders in 2023, marking the 50th consecutive year of increased cash dividends [50] - Vitality Index exceeded 11% of company revenue in 2023, with 18% growth in revenue from Vitality products [51][55] Q&A Session Summary Question: What are the drivers behind the Ratings top line outlook? - Management expects stronger transaction revenue and frequent issuer program issuance in 2024, driven by strong investor appetite [101][102] Question: Can you provide an update on the AI strategy? - The company has elevated its focus on AI with new leadership roles and is committed to leveraging AI across its products and services [104][105] Question: What feedback has been received regarding ChatIQ? - Initial customer feedback on ChatIQ has been positive, with expectations for enhanced pricing and benefits on the Capital IQ platform [139]