Accenture Experiences Strong Top-Line Growth; New Services Drive Result; Shares at a Premium
Accenture announced a strong top-line result during its second quarter. The company’s revenue growth surpassed our expectations and was influenced by broad-based demand across operating groups and a healthy foreign exchange tailwind. In terms of client demand, Accenture’s digital, cloud, and security services business continues to experience significant double-digit growth as clients look to transform their internal IT and business processes while reaching their end audiences more efficiently an...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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