Here’s some information about IHS Inc. presented for Google Finance:
IHS Markit (now part of S&P Global) was a leading global provider of critical information, analytics and expertise to businesses and governments. Before its acquisition, its stock symbol was IHS.
Key Areas of Business
IHS Markit operated across various industries, offering specialized data and insights to help clients make informed decisions. Some of its key areas included:
* Energy: Providing data and analysis on oil and gas, power, and renewables. This included upstream exploration and production data, downstream refining and petrochemicals insights, and market forecasting. * Financial Services: Offering risk management solutions, regulatory compliance tools, and data for trading and investment analysis. Their services supported portfolio management, pricing and reference data, and counterparty risk assessment. * Transportation: Delivering intelligence on the automotive, aerospace, and maritime industries. This encompassed vehicle production forecasts, component pricing data, and maritime vessel tracking. * Chemicals: Supplying market research, pricing information, and technical analysis for the chemical industry, covering raw materials, intermediates, and specialty chemicals. * Technology, Media & Telecoms (TMT): Providing research and analysis on emerging technologies, market trends, and competitive landscapes within the TMT sector. This included data on semiconductors, mobile devices, and telecommunications infrastructure.
Data and Analytics Focus
IHS Markit distinguished itself through its focus on providing deep, industry-specific data and analytics. Their products often combined raw data with expert analysis and sophisticated modeling techniques to deliver actionable insights. This allowed clients to better understand market dynamics, identify opportunities, and mitigate risks. The company placed heavy emphasis on the accuracy, timeliness, and reliability of its information.
Acquisition by S&P Global
In early 2022, IHS Markit was acquired by S&P Global in a large merger. The combined entity, S&P Global, now integrates IHS Markit’s data and analytics capabilities into its existing financial information and ratings services. This acquisition has broadened S&P Global’s reach across industries and enhanced its ability to provide comprehensive insights to its clients.
Impact on Google Finance
While the “IHS” stock ticker is no longer active on Google Finance due to the acquisition, information about the company’s historical performance, financial statements, and news coverage may still be accessible through the platform’s archives. Users interested in the industries previously covered by IHS Markit should now look to S&P Global (SPGI) for relevant data and analysis.
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