Stifel Downgrades IHS Markit (INFO) to Hold
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UBS Remains Sidelined on IHS Markit (INFO) Following Update Call Reiterating Confidence
July 14, 2016 8:03 AM EDTUBS maintained a Neutral rating on IHS Markit (NASDAQ: INFO), and raised the price target to $40.00 (from $34.00), following an update call reiterating management's high level of confidence in reaching 20% in EPS growth in 2017. Although UBS expects continued declines in global upstream capex in 2016, it projects... More
IHS Markit (INFO) Offers Updated FY16 Outlook Following Closure of Merger
July 13, 2016 6:35 AM EDTIHS Markit Ltd. (Nasdaq: INFO) is updating its 2016 financial guidance in connection with the previously announced completion of the merger to form IHS Markit.
For the fiscal year ending November 30, 2016, including 12 months of results of IHS Inc. and approximately 4.5 months of results of Markit Ltd. from the date of closing of the merger, IHS Markit expects:
Revenue in a range of $2.735 to $2.765 billion,... MoreIHS (IHS), Markit (MRKT) Announces Completion of Merger; Will Trade Under 'INFO'
July 12, 2016 4:08 PM EDTIHS Inc. and Markit Ltd. announced the completion of their previously announced merger to form IHS Markit (Nasdaq: INFO), a new leader in critical information, analytics and solutions that drive economies and markets worldwide. IHS Markit will begin trading tomorrow, July 13, 2016, on the Nasdaq Global Select Market under the trading symbol INFO.
This merger is such an important milestone for our company, colleagues, customers, shareholders and the entire business information industry, said Jerre Stead, chairman and chief executive officer of IHS Markit. With our unique positions in energy, financial services and transportation,... More
