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Why This Boring Sector Could Be A Top Trender In The Next Few Years
Tuesday, April 5, 2022 - 4:45pm | 826The metals and mining sector may not be the most exciting group of assets at the moment, but that could change in the coming years. The increasing demand for mining commodities has been driven by the global efforts for green energy. S&P Global suspects that supply constraints will send...
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SPAC Activity Falls In Q2: Behind The Numbers And The Largest Announced Deals
Tuesday, August 31, 2021 - 3:00pm | 656The number of SPAC IPOs and announced deals hit a downtrend in the second quarter and could show signs of further declines going forward. What Happened: SPAC IPOs peaked in the first quarter of 2021, hitting a total of 275. The second quarter saw 52 SPAC IPOs, according to a new S&P Global...
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Fintech Focus For July 15, 2021
Wednesday, July 14, 2021 - 6:41pm | 1753Quote To Start The Day: “Once you hear the details of victory, it is hard to distinguish it from a defeat.” Source: Jean-Paul Sartre One Big Thing In Fintech: M1 Finance, an automated money management platform, announced Wednesday a $150 million Series E funding round to boost...
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Fintech Focus For May 5, 2021
Wednesday, May 5, 2021 - 12:10am | 1680Quote To Start The Day: Perhaps one did not want to be loved so much as to be understood. Source: George Orwell One Big Thing In Fintech: S&P Dow Jones Indices, the firm behind the ubiquitous S&P 500, announced Tuesday the launch of three new crypto indexes. The launches lay the foundation...
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Fintech Focus For January 7, 2021
Wednesday, January 6, 2021 - 7:34pm | 1483Quote To Start The Day: Don’t try to beat the competitors at their own game. You have to invent a new game — and master it. Source: Reid Hoffman One Big Thing In Fintech: The COVID-19 crisis has put pressure on banks to improve their digital offering as lockdowns have forced customers...
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'The Third Wave': Stock Market Update For The Week Ahead
Sunday, December 6, 2020 - 7:15pm | 1183The Past Week, In A Nutshell What Happened: In light of hopes for a sustained economic rebound, U.S. broad market indices pushed to new all-time highs. Remember This: “[T]he third wave is now hitting the economy harder than we thought and that the damage is likely to keep adding up in coming...
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Fintech Focus For December 1, 2020
Monday, November 30, 2020 - 6:07pm | 1524Quote To Start The Day: Whatever you do, do it well. Source: Walt Disney One Big Thing In Fintech: Business information provider S&P Global Inc agreed on Monday to pay $44 billion in stock to acquire IHS Markit Ltd in the year’s biggest acquisition that will create a new data powerhouse...
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Fintech Focus For September 11, 2020
Thursday, September 10, 2020 - 6:31pm | 2385Quote Of The Day: I find that the harder I work, the more luck I seem to have. - Thomas Jefferson Fintech Movers: There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians,...
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S&P Global Market Intelligence Partners With Snowflake, Reveals Innovation Roadmap
Thursday, September 10, 2020 - 3:30pm | 988Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change within the financial services space...
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PanXchange Unveils Institutional Grade Hemp Exchange
Thursday, August 1, 2019 - 4:34pm | 176PanXchange, a provider of OTC market structure solutions for commodity markets, on Thursday launched the first institutional-grade hemp exchange. “Despite the massive market demand for industrial hemp, the ability for producers to transact with processors and end-users in a transparent,...
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6 Gene Therapy M&A Targets On The Radar
Wednesday, March 27, 2019 - 12:45pm | 1663Biogen Inc (NASDAQ: BIIB) to acquire gene therapy company Nightstar Therapeutics PLC (NASDAQ: NITE). Roche Holdings AG Basel ADR (OTC: RHHBY) agrees to buy Spark Therapeutics Inc (NASDAQ: ONCE). Sarepta Therapeutics Inc (NASDAQ: SRPT) exercises option to buy Myonexus Therapeutics for $165...
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PG&E Continues Fall After Credit Rating Cut To Junk Status
Tuesday, January 8, 2019 - 3:40pm | 419Things went from bad to worse Tuesday for PG&E Corporation (NYSE: PCG) and its investors after a credit rating downgrade sent shares tumbling for the second straight day. After Monday's close, S&P Global cut PG&E Corp’s credit rating from BBB- to B, a move that drops the...
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Facebook's Stock Among The Top Picks Heading Into Earnings
Wednesday, July 19, 2017 - 12:29pm | 396Shares of Facebook Inc (NASDAQ: FB) have gained more than 40 percent in 2017. Investors looking to add the stock to their portfolio or initiate a new one should consider doing so before next week's earnings report, Erin Gibbs, a portfolio manager with S&P Global suggested during a recent...
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S&P Companies Spending 18% Less On Buybacks, But What Does It Mean For Investors?
Thursday, June 22, 2017 - 2:05pm | 470S&P 500 companies are buying back fewer shares of stock, a phenomenon that could have mixed implications for investors. S&P 500 stock buybacks declined by 17.5 percent in the first quarter of 2017 compared to a year ago, according to a new report by S&P Global. In the first three months...
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3 Sectors Lagging The S&P 500 By A Huge Amount
Monday, June 5, 2017 - 2:03pm | 388The S&P 500 index continues to trade near historical all-time highs but that doesn't mean every sector within the index is trading in the green for 2017. Quite the contrary, three sectors within the index are lagging the index by the widest margin seen in decades, according to Fundstrat Global...