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AMC credit upgrade comes with a catch
TheStreet5d agobullish
AMC credit upgrade comes with a catch

AMC Entertainment (AMC) has received one of the clearest signs yet that its financial position is improving. S&P Global Ratings raised the issuer credit rating of the movie theater operator to B- from CCC+ with a stable outlook. The ratings firm pointed to improved operating performance, ...

S&P Global (SPGI) Buys Into African Ratings With Agusto Deal
Simply Wall St.6d agobullish
S&P Global (SPGI) Buys Into African Ratings With Agusto Deal

S&P Global (NYSE:SPGI) has acquired a majority stake in Nigerian ratings agency Agusto & Co., expanding its reach in the African credit ratings market. The company has also completed additional portfolio actions, including the acquisition of datacenterHawk and the spin off of its Mobility business. These moves come alongside strong second quarter performance and highlight an active reshaping of S&P Global's business mix and geographic footprint. S&P Global is best known for its credit...

S&P Global profit jumps, strikes datacenterHawk, Agusto deals
Reuters8d agobullish
S&P Global profit jumps, strikes datacenterHawk, Agusto deals

S&P Global reported a stronger second-quarter profit on Tuesday, as clients sought its ratings, indices, ‌market intelligence and analytics products amid heightened geopolitical ‌uncertainty. The financial information company also announced deals to buy data center intelligence provider ​datacenterHawk and take a majority stake in African ratings agency Agusto & Co., expanding its analytics, infrastructure and credit ratings businesses. Here are some details: • The New York-based company's revenue rose 10% to $4.15 ‌billion and adjusted ⁠earnings increasing 23% to $4.83 per share on strength in its Ratings, Indices and Market Intelligence businesses.

1 Legally Protected Financial Monopoly to Buy Hand Over Fist and Hold for the Next 30 Years
24/7 Wall St.41d agobullish
1 Legally Protected Financial Monopoly to Buy Hand Over Fist and Hold for the Next 30 Years

S&P Global (NYSE:SPGI) screens as a multi-decade compounder candidate because it operates a legally protected toll booth on global capital markets that almost every borrower, asset manager, and index fund is structurally required to pay. Recent price action is ugly: shares are down 23.08% year to date and trade at $400.16. For an investor in ... 1 Legally Protected Financial Monopoly to Buy Hand Over Fist and Hold for the Next 30 Years

Rothschild & Co Redburn Reiterates Buy on S&P Global (SPGI), Trims Price Objective
Insider Monkey44d agobullish
Rothschild & Co Redburn Reiterates Buy on S&P Global (SPGI), Trims Price Objective

S&P Global Inc. (NYSE:SPGI) is included among the Top 12 Dividend Stocks to Buy According to Billionaire Cliff Asness. On June 18, Rothschild & Co Redburn lowered its price recommendation on S&P Global Inc. (NYSE:SPGI) to $520 from $540. It reiterated a Buy rating on the shares. The firm said artificial intelligence is driving a […]

Is S&P Global Inc. (SPGI) A Good Stock To Buy Now?
Insider Monkey54d agobullish
Is S&P Global Inc. (SPGI) A Good Stock To Buy Now?

Is SPGI a good stock to buy? We came across a bullish thesis on S&P Global Inc. on Dividend School’s Substack by School of Investing. In this article, we will summarize the bulls’ thesis on SPGI. S&P Global Inc.’s share was trading at $424.82 as of June 9th. SPGI’s trailing and forward P/E were 26.85 and 21.64 […]

3 Reasons H is Risky and 1 Stock to Buy Instead
StockStory57d agobullish
3 Reasons H is Risky and 1 Stock to Buy Instead

Since June 2021, the S&P 500 has delivered a total return of 74.9%. But one standout stock has nearly doubled the market - over the past five years, Hyatt Hotels has surged 139% to $193.68 per share. Its momentum hasn’t stopped as it’s also gained 27.4% in the last six months, beating the S&P by 19.4%.

3 Reasons R is Risky and 1 Stock to Buy Instead
StockStory77d agobullish
3 Reasons R is Risky and 1 Stock to Buy Instead

Since May 2021, the S&P 500 has delivered a total return of 81.6%. But one standout stock has more than doubled the market - over the past five years, Ryder has surged 172% to $230.65 per share. Its momentum hasn’t stopped as it’s also gained 38.9% in the last six months thanks to its solid quarterly results, beating the S&P by 25.6%.