S&P Global (SPGI) portrays a strong performance with a focus on acquisitions for its strategic progress. Notably, it completed the acquisition of
Visible Alpha, boosting its financial research capabilities. Moreover, SPGI has raised its 10-year production outlook for Canadian Oil Sands. The company's financial AI benchmarking was redefined with the launch of
S&P AI Benchmarks by Kensho (Beta). Furthermore, they announced a collaboration with
DTCC on T+1 offering and Vertical IQ. However, the company's Q4 earnings missed estimates and the stock underperformed compared to its competitors. Despite this, Wells Fargo maintains an 'overweight' recommendation. Meanwhile, a quarterly dividend of $0.91 was declared. Lastly, the company is examining options for its $12B mobility unit.
SP Global SPGI News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Sun, 12 May 2024 18:30:06 GMT -
Innovation 3
- Information 7
- Rumor -5
