LONDON--(BUSINESS WIRE)--India has become the world’s fourth largest spender on defence,
following a 13.1 percent increase in its 2016-17 defence budget,
according to IHS
Inc. (NYSE: IHS), the leading global source of critical information
and insight. India’s climb in the rankings – from sixth position last
year – is a result of an increase in expenditure to $50.7 billion
combined with cuts to military spending by other countries, namely,
Russia and Saudi Arabiamore...
The pace of small business job growth improved 0.36 percent since January
Mountain remains top-ranked region
Washington continues as top state, followed by Florida
Seattle overtakes Dallas as top metro
Other Services leads industry sectors, with Construction ranking second
The Paychex | IHS Small Business Jobs Index moderated slightly—from 100.75 in February to 100.74 in March. The first quarter of 2016 marks the index’s best three-month increase in two years, with a gain of 0.36 percent. The Mountain region remains the top-performing regional index. Washington extends its lead among states, increasing 0.39 percent to an index level of 103.93. Seattle ranks as the top metro area for small business job growth, overtaking Dallas, which had held that position formore...
One in 10 smartphones shipped globally in 2016 will include wireless charging capability
ENGLEWOOD, Colo. (March 29, 2016) – The wireless charging receiver market grew more than 160 percent in 2015 over the previous year, as annual global shipments reached 144 million units. Integrated receivers hit mainstream devices, and refinements to system design and diversification for various applications and power ratings is now driving the development of the technology. Annual shipment volume is expected to top one billion units by 2020 and two billion by 2025, according to IHS Inc. (NYSEmore...
ENGLEWOOD, Colo. (March 29, 2016) – Managed security service global revenue totaled $17.4 billion in 2015, up 9 percent from the prior year, and it is forecast to grow by one‑third over the next five years. More than half (54 percent) of security service revenue in 2015 came from customer-premises-equipment- (CPE-) based services, with cloud-based offerings contributing 46 percent; however, this ratio is expected to reverse by 2020, according to IHS Inc. (NYSE: IHS), the leading global sourcemore...
TOKYO, Japan (March 28, 2016) – Positive growth returned to India’s liquid crystal display (LCD) TV market in the fourth quarter (Q4) of 2015, after the industry posted declines in the second quarter (Q2) and no growth in the third quarter (Q3). With more Indians transitioning from cathode-ray tube (CRT) TVs to LCD, the overall consumer LCD TV market in India grew 18 percent in Q4 2015 to reach 2.6 million units, according to IHS Inc. (NYSE: IHS), the leading global source of criticalmore...
New data shows signs of stabilization within the index with a small rally starting to percolate
ENGLEWOOD, Colo. (March 23, 2016) – Current construction costs fell again in March, said IHS Inc. (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 44.6 this month, up from 41.3 in February. The headline index has been consistently below the neutral mark for 15 months.The current materials/equipment price index showed some improvement, moving up from 36.9 in February to 41.8 in March. The sub-indexmore...
ENGLEWOOD, Colo. (March 23, 2016) – Unit demand for display glass used for liquid crystal display (LCD) TVs, desktop monitors, mobile PCs and other major large panel applications is forecast to fall in 2016. However average diagonal screen sizes for each application are expanding, which means display glass area demand will continue to increase, even as unit shipments decrease. Total LCD glass capacity is now matching glass area demand, according to IHS Inc. (NYSE: IHS), the leading globalmore...
ENGLEWOOD, Colo. (March 22, 2016) – The industrial semiconductor market will post an 8 percent compound annual growth rate (CAGR), as revenue rises from $43.5 billion in 2014 to $59.5 billion in 2019. Increased capital spending and continued economic growth, especially in the United States, will spur demand and industrial semiconductor sales growth, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. Commercial aircraft, LED lighting, digital videomore...
U.S. polysilicon manufacturers have essentially lost access to China, while Asian countries have greatly benefited from their ability to increase market share there
ENGLEWOOD, Colo. (March 22, 2016) – The ongoing trade dispute between China and the United States continues to affect the manufacture of polysilicon used for solar-photovoltaic (PV) modules in both countries, but not equally. A rush to install projects in China before the deadline for feed in tariff (FIT) levels of those projects on June 30, 2016 is the primary reason polysilicon prices are increasing, according to IHS Inc. (NYSE: IHS), the leading global source of critical information andmore...
Combined company creates a global information powerhouse with leading positions in energy, financial services and transportation, serving a world-leading customer base with the opportunity to deliver a broader set of next-generation solutions across industries
Immediately accretive to combined adjusted earnings; expected combined free cash flow of more than $900 million in 2017
Significant value creation through clearly identified cost synergies of $125 million and revenue opportunities of $100 million
$1 billion share repurchase program in each of 2017 and 2018
LONDON & ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS (NYSE: IHS) and Markit (NASDAQ: MRKT) today announced the signing of
a definitive agreement under which the companies will combine in an
all-share merger of equals to create a global leader in critical
information, analytics and solutions. Based on the closing prices of IHS
and Markit common stock on March 18, 2016, the implied equity value of
the transaction is more than $13 billion. The transaction has been
unanimously approved by themore...