Dow Jones Industrial Average

Westlake Set to Join S&P MidCap 400; MillerKnoll to Join S&P SmallCap 600

Retrieved on: 
Thursday, October 13, 2022

For more information about S&P Dow Jones Indices, please visit www.spdji.com

Key Points: 
  • For more information about S&P Dow Jones Indices, please visit www.spdji.com
    S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.
  • Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
  • S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence.

AMGEN'S ANNUAL TRENDS REPORT FINDS COMPETITION CREATED BY BIOSIMILARS CONTRIBUTED $21 BILLION IN U.S. HEALTHCARE SYSTEM SAVINGS

Retrieved on: 
Wednesday, October 12, 2022

THOUSAND OAKS, Calif., Oct. 12, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today released the 9th edition of its Biosimilar Trends Report, which examines the current and future state of the U.S. marketplace with biosimilars. This year, in addition to examining important trends in the U.S., the Report also highlights key considerations and learnings from the global marketplace with biosimilars. To access the full Report, visit https://www.amgenbiosimilars.com/commitment/trends-report.

Key Points: 
  • This year, in addition to examining important trends in the U.S., the Report also highlights key considerations and learnings from the global marketplace with biosimilars.
  • "Our 2022 Biosimilar Trends Report found that the marketplace with biosimilars is well established, and the U.S. is poised to see continued growth in biosimilar approvals.
  • New data from the Report confirm that biosimilar uptake in the U.S. continues to increase over time, resulting in significant market share in most therapeutic areas where biosimilars have been introduced.
  • We may not be able to access the capital and credit markets on terms that are favorable to us, or at all.

JPMorgan Chase Committing $15 Million to Increase the Supply of Climate Resilient Affordable Housing for Black, Hispanic and Latino Households

Retrieved on: 
Wednesday, October 12, 2022

JPMorgan Chase announced five organizations will receive philanthropic commitments of $3 million each to scale innovative climate resilient affordable housing models.

Key Points: 
  • JPMorgan Chase announced five organizations will receive philanthropic commitments of $3 million each to scale innovative climate resilient affordable housing models.
  • This work is part of the firms $400 million five-year commitment to improve housing affordability and stability for households of color, particularly in Black, Hispanic and Latino communities.
  • More households deserve accessible options to homeownership and now more than ever we need equitable, sustainable solutions that better equip communities with affordable, climate resilient housing.
  • To address the shortage of energy-efficient and climate-resilient affordable housing, the following organizations will each receive $3 million in philanthropic capital to influence housing construction practices:
    come dream.

As Cloud Becomes the Norm, a New Study from The Hackett Group Quantifies Broad Business Value Beyond Cost, Including Increased Innovation, Faster Time to Market and Enhanced Cybersecurity

Retrieved on: 
Tuesday, October 11, 2022

And the results clearly show that companies are using the cloud to deliver broad strategic value.

Key Points: 
  • And the results clearly show that companies are using the cloud to deliver broad strategic value.
  • At its best, cloud migration can be the foundation that allows companies to rapidly improve their products and services.
  • The Hackett Group Principal Michael Spires added, We also came to conclusions about the differences between typical companies and top performers.
  • The Hackett Group, quadrant logo, World Class Defined and Enabled, Quantum Leap, Digital World Class and Hackett Excelleration Matrix are the registered marks of The Hackett Group.

AMGEN OPENS NEW STATE-OF-THE-ART RESEARCH AND DEVELOPMENT LABORATORY SITE IN SAN FRANCISCO BAY AREA

Retrieved on: 
Thursday, October 6, 2022

THOUSAND OAKS, Calif., Oct. 6, 2022 /PRNewswire/ -- (Oct. 6, 2022) – Amgen (NASDAQ:AMGN) today announced the opening of a new research and development site in San Francisco's Oyster Point, continuing the company's nearly two-decade presence in the region. The new site will constitute the company's second largest research and development facility, which focuses on discovering therapeutics for patients living with cancer, inflammatory disease and cardiometabolic disorders.

Key Points: 
  • The new site will constitute the company's second largest research and development facility, which focuses on discovering therapeutics for patients living with cancer, inflammatory disease and cardiometabolic disorders.
  • "For nearly two decades Amgen has been present in the San Francisco Bay Area, a region known for cutting-edge science and biotechnology innovation," said Robert A. Bradway, chairman and chief executive officer of Amgen.
  • "Our new site is home to a perfect combination of technology and biotech innovation, making Amgen an attractive place for local scientific professionals looking to build an inspirational, rewarding career," says Saptarsi Haldar, vice president of cardiometabolic research and site head for Amgen San Francisco.
  • This year, the San Francisco Business Times recognized Amgen San Francisco as one of the "Best Places to Work" in the Bay Area.Earlier in 2022, Forbes named Amgen for the fourth straight year as one of "America's Best Employers for Diversity" as well as one of "America's Best Employers for New Graduates.

S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increased $17.7 Billion During Q3 2022; 12-Month Gain as of September 2022 was $71.5 Billion

Retrieved on: 
Tuesday, October 4, 2022

Q3 2022 U.S. common dividend increases were $19.1 billion, down 0.9% from $19.3 billion in Q2 2022 and down 14.0% from $22.2 billion in Q3 2021.

Key Points: 
  • Q3 2022 U.S. common dividend increases were $19.1 billion, down 0.9% from $19.3 billion in Q2 2022 and down 14.0% from $22.2 billion in Q3 2021.
  • Q3 2022 U.S. common dividend decreases were $1.4 billion, down 15.8% from $1.7 billion in Q2 2022, up 9.8% from $1.3 billion in Q3 2021.
  • Q3 2022 net indicated dividend rate change increased $17.7 billion, compared to $17.6 billion in Q2 2022, and $20.9 billion in Q3 2021.
  • NEW YORK, Oct. 4, 2022 /PRNewswire/ -- S&P Dow Jones Indices announced today that indicated dividend net changes (increases less decreases) for U.S. domestic common stocks increased $17.7 billion during Q3 2022, compared to $17.6 billion in Q2 2022 and $20.9 billion in Q3 2021.

Travelers Risk Index Shows Cyber Threats Remain Top Overall Business Concern

Retrieved on: 
Monday, September 26, 2022

The Travelers Companies, Inc. (NYSE: TRV ) today released its 2022 Travelers Risk Index results, and for the third time in four years, the survey found that cyber threats were the top overall concern for business decision makers.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today released its 2022 Travelers Risk Index results, and for the third time in four years, the survey found that cyber threats were the top overall concern for business decision makers.
  • Cyber threats again were the leading concern, but other issues were close behind, a change from 2021 when cyber held the top spot by 6 percentage points.
  • Travelers has long been committed to managing and mitigating cyber risk, with a dedicated team of underwriters, claim professionals and risk control specialists who work to help insure and protect customers assets.
  • Launched in November 2014, the Travelers Risk Index survey was commissioned by Travelers.

The Hackett Group Launches New Market Intelligence Service For Software and Services Providers and Users

Retrieved on: 
Thursday, September 22, 2022

The Hackett Group , Inc. (NASDAQ: HCKT) today announced the launch of a new Market Intelligence Service for software and service providers designed to provide corporate executives with critical intelligence and insights that can inform their purchasing decisions.

Key Points: 
  • The Hackett Group , Inc. (NASDAQ: HCKT) today announced the launch of a new Market Intelligence Service for software and service providers designed to provide corporate executives with critical intelligence and insights that can inform their purchasing decisions.
  • The Market Intelligence Service will measure software and service providers ability to deliver business value and their unique capabilities to help companies achieve Digital World Class performance levels.
  • Specific to software, the service will rank providers in three major categories: Integrators, Innovators, and Digital World Class Solutions.
  • The Hackett Group, quadrant logo, World Class Defined and Enabled, Quantum Leap, Digital World Class and Hackett Excelleration Matrix are the registered marks of The Hackett Group.

Google Cloud and Travelers to Create Connected Data Ecosystem to Enhance the Commercial Insurance Underwriting Process

Retrieved on: 
Thursday, September 22, 2022

"Insurance companies are rich with proprietary data, but there's an abundance of new and developing third-party data that's becoming increasingly valuable to underwriters," said Henna Karna, managing director, Global Insurance, Reinsurance & Risk Management Industry Solutions, Google Cloud.

Key Points: 
  • "Insurance companies are rich with proprietary data, but there's an abundance of new and developing third-party data that's becoming increasingly valuable to underwriters," said Henna Karna, managing director, Global Insurance, Reinsurance & Risk Management Industry Solutions, Google Cloud.
  • "Our ultimate goal is to empower the insurance industry with cloud-based capabilities that connect those dots and provide a complete view of risk.
  • Travelers is an industry leader known for underwriting excellence and innovation, and together, we're working to further scale its advanced analytics and unlock additional data-driven insights."
  • The Travelers Companies, Inc. (NYSE: TRV ) is a leading provider of property casualty insurance for auto , home and business .

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW COMPOSITE AND FIRST MORTGAGE RATES STEADY IN AUGUST 2022

Retrieved on: 
Tuesday, September 20, 2022

NEW YORK, Sept. 20, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through August 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was unchanged at 0.57%. The bank card default rate fell three basis points to 2.41%. The auto loan default rate was six basis points higher at 0.72% while the first mortgage default rate was unchanged at 0.42%.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.