Financial Data

S&P Global Inc. (NYSE: SPGI) confirmed early Monday it is acquiring IHS Markit Ltd. (NYSE: INFO) in a deal that values the latter at $44 billion, including $4.8 billion of net debt.  What Happened: The Wall Street Journal had reported on the merger plans earlier on Sunday, citing...

The Bloomberg Terminal, once considered to be the gold standard in financial data services, saw its user base shrink in 2016. According to Finextra, data from Burton-Taylor found the financial data services market rose 3.45 percent in 2016 and reached $27.48 billion. Despite the rise in spending,...