S&P Global names Richard Thornburgh Non-Executive Chairman of the Board » 09:0209/3009/30/20
S&P Global has named…
S&P Global has named Richard Thornburgh to succeed Charles Haldeman, Jr. as the Non-Executive Chairman of the Board, effective October 1. Haldeman will retire from the Board at the end of his current term and will not stand for re-election at the company's 2021 Annual Meeting of Shareholders. Haldeman, who has served as the Non-Executive Chairman of the Board since 2015, will retire from his position as Non-Executive Chairman of the Board, effective October 1, prior to the end of his current term, to help facilitate a smooth transition of Board leadership. Thornburgh has served as an independent Director of the Company since 2011 and Chair of the Board's Finance Committee since 2016. Until his term on the Board ends, Haldeman will continue to serve as a member of the Board's Finance Committee, Nominating and Corporate Governance Committee and Executive Committee, with Thornburgh replacing him as the Executive Committee Chair. In connection with this transition, the Board appointed Marco Alvera to replace Thornburgh as Chair of the Finance Committee, effective October 1. The Board also elected Lord Ian Livingston to serve as a Director of the company, effective immediately, to fill the anticipated vacancy created by Haldeman's upcoming retirement. Lord Livingston will serve on the Board's Audit Committee and Compensation and Leadership Development Committee. Lord Livingston is currently Chairman of Dixons Carphone plc, a European consumer electronics retailers. He is also a member of the House of Lords of the U.K. having been Minister of State for Trade and Investment.
IHS Markit price target raised to $90 from $87 at Truist » 08:4709/3009/30/20
Truist analyst Andrew…
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IHS Markit price target raised to $79 from $75 at JPMorgan » 08:1909/3009/30/20
JPMorgan analyst Andrew…
JPMorgan analyst Andrew Steinerman raised the firm's price target on IHS Markit to $79 from $75 and keeps a Neutral rating on the shares following the company's fiscal Q3 results. The analyst views the quarter as "mixed," but says IHS Markit's outlook "looks intact" with "strong" mid-single-digit organic revenue growth and good cost control continuing to drive margin expansion and double-digit earnings growth.
Verisk Analytics announces addition of BuildFax solutions to Duck Creek platform » 08:1509/3009/30/20
Verisk announced the…
Verisk announced the addition of solutions from BuildFax, a Verisk business, to Duck Creek's Content Exchange. These BuildFax solutions will enable insurers to easily access robust property condition and history data through the Duck Creek Platform. The BuildFax solutions - Roof Age, Property Condition Score, and Major Systems Insights - are rooted in ground-truth permit data, providing critical information about a property's condition - which includes the age of its roof and maintenance activity on plumbing, electrical, and mechanical systems.
Jacobs Engineering selected by UKAEA to support nuclear fusion research » 05:4409/3009/30/20
Jacobs Engineering was…
Jacobs Engineering was selected by the United Kingdom Atomic Energy Authority, or UKAEA, to support research into nuclear fusion and related technologies. Under the engineering, design and build framework for electrical assemblies, Jacobs will support UKAEA's research and development work in the remote applications in challenging environments, or RACE, facility at Culham Science Centre in Oxfordshire, England. UKAEA is working to turn the process that powers the sun into carbon-free, safe and abundant electricity for a cleaner planet. Replicating the nuclear reaction that powers the sun could provide low-carbon electricity for millennia to come. Work will include engineering design and installation of control panels, safety interlock panels, and wiring looms for a control cubicle to support the testing of a new range of actuators being developed by UKAEA. Jacobs' teams will design and build assemblies at the company's manufacturing, fabrication and welding facility in Barton, Lincolnshire, U.K., with final commissioning and handover at the client's site. Jacobs was also awarded a contract under the UKAEA's engineering design services framework to provide technical and specialist nuclear services across a broad portfolio of fusion-related programs.
Citi's McGuire meets with banking leaders over likely NYC mayoral run, CNBC says » 17:4109/2909/29/20
BAC, C, JPM, USB, WFC, GS, MS
Citigroup (C) vice…
Citigroup (C) vice chairman Ray McGuire has recently spoken with several Wall Street allies in an effort to gain their support for what seems to be a likely run for mayor of New York, CNBC's Brian Schwartz reports, citing people familiar with the matter. McGuire has had lunches and dinners with executives who have ties to the banking, hedge fund, and private equity sectors, Schwartz says, noting that the talks have, at least in part, focused on McGuire eyeing a potential mayoral run and whether these executives will contribute to what would surely by an expensive campaign. Other publicly traded companies in the space include Bank of America (BAC), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
Black Knight General Counsel sell $5M in common stock » 16:2909/2909/29/20
In a regulatory filing,…
In a regulatory filing, Black Knight disclosed that its General Counsel Michael Gravelle sold 59.2K shares of common stock on September 25th in a total transaction size of $5.01M. The holding represents about 41% of his total owned.
NCR Corp. rises 7.8% » 12:0009/2909/29/20
NCR Corp. is up 7.8%, or…
NCR Corp. is up 7.8%, or $1.56 to $21.59.
Stephens banking analysts to hold an analyst/industry conference call » 11:2509/2909/29/20
BANF, ABCB, CHCO, CFB, FLT, GBCI, MOFG, PNFP, STXB, WTFC, TBK, SSB, TCF, TOWN, HBNC, FBK, BXS, BY
Analysts discuss takeaways from the recently-held Stephens Bank Forum on an Analyst/Industry conference call to be held on September 29 at 12 pm.
Wex downgraded to Peer Perform from Outperform at Wolfe Research » 09:3109/2909/29/20
Wolfe Research analyst…
Wolfe Research analyst Darrin Peller downgraded Wex to Peer Perform from Outperform with a price target of $167, down from $175.