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SP Global SPGI - News Analyzed: 3,963 - Last Week: 100 - Last Month: 499

⇑ S&P Global (SPGI) Experiences Flurry of Activities: Appoints New CEO and Reveals FY 2024 Earnings Guidance

S&P Global (SPGI) Experiences Flurry of Activities: Appoints New CEO and Reveals FY 2024 Earnings Guidance
S&P Global has been experiencing a flurry of activities that have potentially significant implications for its valuation. The firm has appointed Martina Cheung as its new CEO, a move that has been welcomed by the market. Various investment companies, such as New Mexico Educational Retirement Board, Indiana Trust & Investment Management CO, Aspiriant LLC, Kingswood Wealth Advisors LLC, GoalVest Advisory LLC, Global Assets Advisory LLC, have shown faith in the firm's prospects by increasing their shareholdings. The firm also published the Fiscal Year 2024 Earnings Guidance, which seems to have positively impacted investor sentiment. Updates on acquisitions, such as the successful completion of Visible Alpha acquisition, have been closely watched. Despite high expenses, gains from these acquisitions seem to be positive. The firm also joined Project Guardian, a move lauded for its potential innovative contributions to the industry. Other notable events include the declaration of a $0.91 quarterly dividend, reflecting a 0.8% yield, and the first-quarter earnings report showed strong product demand leading to profit, matching estimates.

SP Global SPGI News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Sun, 30 Jun 2024 17:53:44 GMT - Rating 8 - Innovation 2 - Information 6 - Rumor -2

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