|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||65.60 - 65.42|
|52 Week Range||44.52 - 66.07|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||59.68|
|Earnings Date||Sep 23, 2019 - Sep 27, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||67.07|
IHS Markit (INFO), a world leader in critical information, analytics and solutions, today announced it will deliver the Government of Canada’s Carbon Credit and Tracking Solution. The solution will reinforce Canada’s federal measures to mitigate emissions under the Pan-Canadian Framework on Clean Growth and Climate Change, and provide tracking for the federal Output-Based Pricing System. “Canada is committed to reducing its carbon emissions across industries, while creating incentives for firms to embrace clean energy and growth,” said Kathy Benini, managing director and global head of Environmental Solutions at IHS Markit.
IHS Markit (INFO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
IHS Markit expects light-duty vehicles sales in China this year to decline by around 6 percent from 2018. China’s light vehicle (LV) sales fell nearly 10 percent in June 2019 from prior year—the 12th consecutive month sales declined—casting new doubts on what has been the world’s biggest growth engine for auto sales, a recent analysis by business information provider IHS Markit (INFO) says. Total LV sales in China over the past 12 months (July 2018-June 2019) were 25,396,063, down more than 10 percent from the prior 12-month period.
RootMetrics by IHS Markit, the standard for mobile performance benchmarking, today released its 1st Half 2019 US Review of the Mobile Landscape, providing the most comprehensive picture of mobile network performance available. In the twelfth edition of its semi-annual report, the mobile analytics firm released its national results for the first half of 2019, as well as a summary of network performance across all 50 states and the 125 most populated metropolitan areas in the country. The new report shows that Verizon maintained its edge over the competition across all levels of testing, and all four carriers delivered faster speeds in 1H 2019 with 5G rollouts on the horizon.
EVP, Pres. Financial Services of Ihs Markit Ltd (30-Year Financial, Insider Trades) Adam Jason Kansler (insider trades) sold 50,000 shares of INFO on 07/12/2019 at an average price of $65.53 a share. Continue reading...
Dallas is primed to be a hotbed for 5G innovation with AT&T, Sprint and Verizon all targeting the city for early rollouts of 5G service. As preparations for 5G continue, recent Metro RootScore Reports from RootMetrics by IHS Markit, the standard for mobile performance benchmarking, reveal that Dallas is already outpacing Austin, Houston and San Antonio when it comes to data speeds. In addition to providing a detailed look at individual carrier highlights in Dallas, RootMetrics aggregated results from all four networks to provide a comparative look at performance across these four major Texas cities.
(Bloomberg) -- The Italians love a good surprise. After stoking investor worries with its anti-EU rhetoric and tense discussions about the budget, the country’s populist government offered a proper EU-compliant deficit, sending Italian bond yields lower, which is good news for highly leveraged corporates such as utilities.The Italian 2-year bond yield is hovering near 0% after hitting negative territory, while the 10-year yield is now comfortably below 2%; an unlikely scenario just a few months ago.As bond proxies, utilities are first in line. Falling interest rates and soaring government bonds in Europe have already propelled those stocks higher this year. A significantly reduced country-risk could be the icing on the cake for those issuing new corporate debt.Some of the most-leveraged Italian companies still seem to have a high cost of debt. They may be able to reduce it with refinancing, provided that the risk associated to the country continue to drop. Besides utilities, construction and toll-road operator Atlantia stands out.More generally, Italian equities tend to move closely in sync with the bond market. And an aggressive drop in the country’s 10-year yield has widened a gap between the two, potentially signaling more room to rally for the FTSE MIB.The relationship can be at least partly explained by leverage. The FTSE MIB has one of the highest debt-to-equity ratios in Europe, so falling yields are good news. It’s also positive for European stocks in general, given the amount of Italian debt owned by non-Italian banks.READ: Why Italy’s Debts Are Europe’s Big ProblemThat said, the benefits may be tempered by the weighting of the banking sector in the FTSE MIB. Lenders may keep suffering as yields across Europe continue to plummet, while the ECB is more likely to ease policy and cut rates. This would maintain pressure on lenders’ margins, and financials account for about 32% of the FTSE MIB.One more thing to keep an eye on: Italian 5-year CDS, which is an indicator of credit risk, has tightened towards 183, but is still much wider than during the first quarter of 2018 when it was trading around 100. Compared to other large European economies, the spread remains elevated.In the meantime, Euro Stoxx 50 futures are trading up 0.1% ahead of the open.SECTORS IN FOCUS TODAY:Watch cybersecurity stocks following a Bloomberg report that chipmaker Broadcom is in advanced talks to buy U.S. cybersecurity firm Symantec. Watch Sophos, Avast, NCC Group and ECSC Group. Also watch chipmakers for M&A activity after Applied Materials agreed to acquire Kokusai.Watch soft drinks makers in the U.K. after Boris Johnson, the frontrunner to be the country’s next prime minister, said he’ll launch a review of “sin taxes” on sugar, fat and salt. Watch AG Barr, Britvic, Fevertree and Nichols and on sugar producers like AB Foods.COMMENT:“Equities are making fresh highs but sentiment and positioning are cautious,” Barclays strategist Emmanuel Cau writes in a note. “Stocks have rallied year-to-date without inflows, as investors continued to de-risk and to move into relative safe havens, i.e. bonds and cash. Cyclicals, EM equities and trade plays lagged on the way up in June, and the extreme valuation dispersion between Growth/Quality and Value stocks suggests that equities are not all priced for perfection. Fundamentals are not exciting and tail-risks abound, but the growth-policy trade-off remains supportive of equities, courtesy of the dovish central banks.”COMPANY NEWS AND M&A:Deutsche Bank Explores Selling Unwanted Assets Amid Revamp (1)Deutsche Telekom to Cut About 1,200 Sales Jobs: HandelsblattCevian Says Its Patience With Nordea ‘Isn’t Infinite’: SVDAtlantia: Legal Panel Cautions Against Revoking Autostrade ConcessionBMW Widens Lead Over Mercedes at Half-Year Mark With SUV LineupU.S. June Light Vehicle Sales: Company, Type, Source (Table)SocGen Chairman Says Was Slow to Cut Jobs at Trading Unit: FTLogitech Proposes New Board Members, Annual Dividend BoostClarins Is Not for Sale, Clarins Holders Tell FigaroMediaset Receives Request From Vivendi for Shareholder MeetingTransgene Says Raises EU48.7M Through Capital IncreaseImmofinanz Sees EU100 Million Property Valuation Gain in 2Q (1)NOTES FROM THE SELL SIDE:The short-term outlook within European travel is likely to remain challenging and until there are signs of recovery, recommendations will be led by macro concerns, Jefferies says downgrading Thomas Cook to hold and initiating on Dart Group (hold) and TUI (underperform).BCP is raised to buy from underperform, while Intesa Sanpaolo is cut to underperform from hold at Jefferies, which sees scope for provisions to undershoot but says removing rate rises leaves its 2021 profit estimates on southern European banks ~11% below consensus.Henkel’s investor day on Tuesday “reminded of all the potential we see in this business,” even if recent delivery doesn’t totally reflect this, Jefferies says in note, reiterating a hold rating on the stock.TECHNICAL OUTLOOK for Stoxx 600 index:Resistance at 392.7 (July 2018 high); 397.9 (May 2018 high)Support at 381 (50-DMA); 374.5 (61.8% Fibo)RSI: 66.4TECHNICAL OUTLOOK for Euro Stoxx 50 index:Resistance at 3,514 (May high); 3,596 (May 2018 high)Support at 3,410 (50-DMA); 3,403 (61.8% Fibo)RSI: 68.6MAIN RESEARCH AND RATING CHANGES:UPGRADES:Aker Solutions raised to equal-weight at Morgan StanleyAvanza upgraded to hold at SEB Equities; Price Target 75 KronorBCP upgraded to buy at Jefferies; PT 32 CentsCastellum upgraded to buy at Kempen & Co; PT 195 KronorEDF upgraded to buy at HSBC; PT 13.50 EurosFabege upgraded to buy at Kempen & Co; PT 155 KronorHenkel upgraded to buy at Goldman; PT 100 EurosSophos upgraded to overweight at JPMorgan; PT 4.80 PoundsStandard Chartered upgraded to buy at SocGen; PT 8.40 PoundsVonovia upgraded to buy at Kempen & Co; PT 47 EurosWood upgraded to overweight at Morgan Stanley; PT 7 PoundsDOWNGRADES:Assa Abloy Downgraded to Equal-weight at Barclays; PT 220 KronorCatena downgraded to neutral at Kempen & Co; PT 295 KronorIntesa downgraded to underperform at JefferiesPGS ASA cut to equal-weight at Morgan Stanley; PT 18 KronerPetrofac cut to equal-weight at Morgan Stanley; PT 5.30 PoundsSpareBank 1 SR downgraded to hold at Carnegie; PT 108 KronerThomas Cook downgraded to hold at Jefferies; PT 13 PenceValeo downgraded to underperform at MainFirst; PT 24 EurosVallourec cut to underweight at Morgan Stanley; PT 3 EurosWartsila downgraded to underweight at JPMorgan; PT 12.50 EurosINITIATIONS:Dart Group rated new hold at Jefferies; PT 9 PoundsKlaveness Combination Carriers rated new buy at ABGTUI rated new underperform at JefferiesMARKETS:MSCI Asia Pacific up 0.4%, Nikkei 225 down 0.7%S&P 500 up 0.3%, Dow up 0.3%, Nasdaq up 0.2%Euro up 0.03% at $1.1288Dollar Index up 0.02% at 96.75Yen up 0.19% at 107.68Brent up 0.3% at $62.6/bbl, WTI up 0.3% to $56.4/bblLME 3m Copper down 0.1% at $5883.5/MTGold spot up 0.4% at $1424.5/ozUS 10Yr yield down 3bps at 1.95%ECONOMIC DATA (All times CET):9:15am: (SP) June Markit Spain Services PMI, est. 52.8, prior 52.89:15am: (SP) June Markit Spain Composite PMI, est. 51.7, prior 52.19:45am: (IT) June Markit Italy Services PMI, est. 50, prior 509:45am: (IT) June Markit Italy Composite PMI, est. 49.5, prior 49.99:50am: (FR) June Markit France Services PMI, est. 53.1, prior 53.19:50am: (FR) June Markit France Composite PMI, est. 52.9, prior 52.99:55am: (GE) June Markit Germany Services PMI, est. 55.6, prior 55.69:55am: (GE) June Markit/BME Germany Composite PMI, est. 52.6, prior 52.610am: (EC) June Markit Eurozone Services PMI, est. 53.4, prior 53.410am: (EC) June Markit Eurozone Composite PMI, est. 52.1, prior 52.110:30am: (UK) June Markit/CIPS UK Services PMI, est. 51, prior 5110:30am: (UK) June Markit/CIPS UK Composite PMI, est. 51, prior 50.910:30am: (UK) June Official Reserves Changes, prior $2.31b* For a daily wrap on developments in European equity capital markets, click hereTo contact the reporter on this story: Michael Msika in London at email@example.comTo contact the editors responsible for this story: Blaise Robinson at firstname.lastname@example.org, Namitha JagadeeshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
June data signalled another difficult month for the Canadian manufacturing sector, with falling volumes of new work contributing to the sharpest drop in production for three-and-a-half years. At 49.2 in June, the headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index® (PMI®) picked up fractionally from May's 41-month low of 49.1. The downturn in output accelerated since the previous month and was the fastest since December 2015.
June data signalled a further near-stagnation of operating conditions across the U.S. manufacturing sector. On a positive note, the rate of output growth quickened slightly amid a renewed rise in new orders. On the price front, inflationary pressures remained muted despite slight accelerations in rates of output charge and input price inflation.
The average age of light vehicles in operation (VIO) in the U.S. has risen again this year to 11.8 years, according to new research from business information provider IHS Markit (INFO). “Better technology and overall vehicle quality improvements continue to be key drivers of the rising average vehicle age over time,” said Mark Seng, director, global automotive aftermarket practice at IHS Markit. Light vehicles in operation in the U.S. have now reached a record level of more than 278 million according to the analysis -- an increase of more than 5.9 million (2.2 percent) since 2018.
beat Wall Street's earnings expectations. The company posted 5% organic revenue growth. For the year, IHS Markit said it expects revenue in a range of $4.43 billion to $4.50 billion and adjusted earnings of $2.52 to $2.57 a share.
IHS Markit (INFO) delivered earnings and revenue surprises of 9.23% and -0.03%, respectively, for the quarter ended May 2019. Do the numbers hold clues to what lies ahead for the stock?
IHS Markit , a world leader in critical information, analytics and solutions, today reported results for the second quarter ended May 31, 2019.
On Wednesday, June 26, IHS Markit Ltd. (NASDAQ: INFO ) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release. Earnings and Revenue ...
NEW YORK, June 25, 2019 /PRNewswire/ -- In a time when data security is increasingly critical to customers, automotiveMastermind (Mastermind) is dedicated to having thorough data protection standards. As a leading provider of predictive analytics and marketing automation solutions for dealerships and manufacturers, the company today announced it had successfully passed the SOC 2 Type II examination in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA). This independent examination proves Mastermind's commitment to five major trust principles including security, availability, processing integrity, confidentiality and privacy.