Scholtz & Company LLC has sold a significant chunk of
S&P Global Inc. shares, despite the company's plans to present at the
Stifel 2024 Cross Sector Insight Conference. Meanwhile, S&P Global's stock performance has been underwhelming compared to competitors, even though the company has noted daily gains. Additionally,
S&P Global looks set to become a resurgence bidder for data provider
Preqin, according to sources. The company’s Q1 2024 earnings slip led to a fall in share price while the company was pitched as a potentially undervalued dividend aristocrat.
S&P Global's Commodity Insights branch acquired
World Hydrogen Leaders amidst other potential acquisitions. Despite lowered earnings, S&P Global reported Q1 Earnings that beat estimates and raised its outlook following Q1 reports. Initiatives like Generative AI Search launch and collaboration with DTCC on T+1 offering show a focus on innovation and strategic growth. There were dips in growth, however, with underperforming stock prices, including an 8.3% drop since last earnings report. The status of S&P Global as a dividend aristocrat remained the subject of focus.
SP Global SPGI News Analytics from Mon, 31 Jul 2023 07:00:00 GMT to Sun, 09 Jun 2024 15:53:43 GMT -
Rating -3
- Innovation 4
- Information 3
- Rumor 1
