APN Outdoor is enjoying the great outdoors, but beware of concession renewals.
Richard Herring's decision to step down as the CEO of no-moat-rated APN Outdoor on Sept. 30, 2017 is not surprising. The writing was clearly on the wall when he agreed to stand aside earlier this year to facilitate the proposed merger with oOh!media--a combination since abandoned due to the competition regulator's concerns. Having worked in the outdoor industry for over two decades and led APN Outdoor since 2004, one can hardly blame Herring for seeking fresher challenges in the future.Until a ...
APN Outdoor Group Limited is an Australia-based provider of advertising services. The Company operates in the Out-of-Home advertising market segment. The Company supplies Out-of-Home media and advertising services at sites in Australia and New Zealand. It offers digital billboards, static roadside billboards, transit advertising, rail advertising and airport advertising. It has a geographically diversified outdoor advertising network, which operates in New South Wales, Victoria, Queensland, Western Australia, South Australia, the Australian Capital Territory, Tasmania and New Zealand.
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.
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