NEW YORK, Sept. 3, 2024 /PRNewswire/ -- As part of an industry-wide investigation into off-channel communications by the U.S Securities and Exchange Commission ("SEC"), S&P Global Ratings ("SPGR"), a division of S&P Global (NYSE: SPGI), and certain other nationally recognized statistical rating organizations ("NRSROs"), today reached a settlement to resolve violations of recordkeeping rules. The matter was previously disclosed by S&P Global in its public filings. 

SPGR agreed to pay a penalty of USD 20 million as part of the resolution. In the SEC's order, the SEC recognized SPGR's remedial acts and its cooperation with the SEC staff. 

Brings Pricing Transparency to Important Lithium Supply Growth Market

- Complements Existing Suite of Asia, Americas & Europe Battery Metals Prices & US Black Mass Assessments -

NEW YORK and LONDON and SINGAPORE, Sept. 3, 2024 /PRNewswire/ -- Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, battery metals and energy transition markets, has launched the first-ever daily, physical spot market price assessments for South America lithium carbonate, effective September 2, 2024. This builds on Platts' pre-existing suite of lithium and battery metals and raw materials pricing information across the Americas, Asia and Europe.

SOUTHFIELD, Mich., Aug. 28, 2024 /PRNewswire/ -- Industry brand loyalty rates trended upward in the first half of 2024 following several years of flat or declining values, according to a new S&P Global Mobility analysis of new vehicle registration data through the first half of the year.

The industry's brand loyalty rate through June stands at 52.5%, reflecting a 1.9 percentage point (PP) improvement over the same period in 2023, marking the first year-over-year increase since 2020. The year-over-year increase in loyalty is a positive sign for the industry after several years of lower loyalty levels due to inventory shortages and post-pandemic recovery.

NEW YORK, Aug. 27, 2024 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the June 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices reached a new all-time high with a decelerating trend for June 2024. More than 27 years of history are available for the data series and can be accessed in full by going to https://www.spglobal.com/spdji/en/index-family/indicators/sp-corelogic-case-shiller/.

YEAR-OVER-YEAR

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.4% annual gain for June, down from a 5.9% annual gain in the previous month. The 10-City Composite saw an annual increase of 7.4%, down from a 7.8% annual increase in the previous month. The 20-City Composite posted a year-over-year increase of 6.5%, dropping from a 6.9% increase in the previous month. New York reported the highest annual gain among the 20 cities with a 9.0% increase in June, followed by San Diego and Las Vegas with annual increases of 8.7% and 8.5%, respectively. Portland once again held the lowest rank for the smallest year-over-year growth, notching a 0.8% annual increase in June.

August US sales volume is expected to be one of the largest of the year, given 28 selling days and the inclusion of Labor Day weekend activity; but sales are still searching for the next gear

SOUTHFIELD, Mich., Aug. 27, 2024 /PRNewswire/ -- On a volume estimate of 1.42 million units, S&P Global Mobility expects US light vehicle sales in August to be up more than 7% year over year and grow more than 11% from the month-prior level. This translates to a seasonally adjusted annual rate (SAAR) of 15.2 million units, a moderate reading in a market continuing to wait for sales levels to advance more strongly.

Visible Alpha AI Monitor highlights new themes and revised growth projections as the dynamic, AI-exposed investment landscape maintains strong momentum through 2024

NEW YORK, Aug. 27, 2024 /PRNewswire/ -- S&P Global Market Intelligence today unveiled a comprehensive look into the current state and projected growth of the core publicly-traded companies within the technology and AI industry in the newest version of the Visible Alpha AI Monitor.

Session will be Webcast

NEW YORK, Aug. 26, 2024 /PRNewswire/ -- Martina Cheung, President of S&P Global Ratings, a division of S&P Global (NYSE: SPGI), will participate in the Barclays 22nd Annual Global Financial Services Conference on September 9, 2024 in New York, NY. Ms. Cheung is scheduled to speak at 12:00 p.m. EDT. The "fireside chat" will be webcast and may include forward-looking information. Mark Grant, Senior Vice President of Investor Relations, will join for investor meetings.

Webcast Instructions:  Live and ReplayThe webcast will be available live and in replay through the Company's Investor Relations website http://investor.spglobal.com/Investor-Presentations (please copy and paste URL into web browser). The webcast replay will be available approximately four hours after the end of the presentation and will remain accessible for 90 days. Any additional information presented during the session will be made available on the Company's Investor Presentations web page.

Toyota RAV-4 Named "Top Overall Future Majority Vehicle"

MIAMI, Aug. 23, 2024 /PRNewswire/ -- The Ninth Annual Diversity Volume Leadership Awards (DVL) were recently presented by the National Association of Minority Automobile Dealers (NAMAD) and S&P Global Mobility during the awards program at the 2024 Annual NAMAD Conference at the Fontainebleau Miami Beach Hotel. The DVL Awards celebrates brands that are driving sales leadership with ethnic consumers. The program was sponsored by American Honda.

NEW YORK, Aug. 15, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced that it has completed the sale of its Fincentric business to Stellex Capital Management, a global private equity firm. The transaction does not have material impact to S&P Global and the financial terms of the transaction were not disclosed.

The transaction will include local closings in certain jurisdictions, which are expected to occur during the balance of 2024 and into the first half of 2025.

CLARK, N.J., Aug. 12, 2024 /PRNewswire/ -- In July, the GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — signaled underutilized capacity at global suppliers for the first time since April, falling to a four-month low.

CLARK, N.J., Aug. 12, 2024 /PRNewswire/ -- In July, the GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — signaled underutilized capacity at global suppliers for the first time since April, falling to a four-month low.

CLARK, N.J., Aug. 12, 2024 /PRNewswire/ -- In July, the GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — signaled underutilized capacity at global suppliers for the first time since April, falling to a four-month low.

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, announced today that it has completed its eleventh annual review of its adherence to the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks. The IOSCO Principles for Financial Benchmarks were published in July of 2013.

The 2024 review was conducted by an independent global accounting and professional services firm and, as with all previous reviews, covers key aspects of S&P DJI's index governance regime, control framework and operations including the separation of index governance and commercial activities, and the management and oversight of its policies and procedures.

NEW YORK, Aug. 8, 2024 /PRNewswire/ -- Despite global M&A deal volumes remaining lackluster, the total value of global M&A has jumped year-over-year in the first half of 2024, according to S&P Global Market Intelligence's newly released Q2 2024 Global M&A and Equity Offerings Report. The total value of transactions increased 11.7% to $1.221 trillion through the first half of 2024 compared to the first half of 2023, but the number of deals was down 12.9% to 19,415 over the same time period.

The activity shows that M&A has yet to fully recover from the slowdown in activity that started in 2022 with the rate-hiking cycle, but dealmakers are willing to pursue large transactions. In the second quarter of this year, a pickup in $10 billion-plus M&A announcements outside the U.S. helped ensure that the total value of global deals recorded its third straight quarter of year-over-year growth.