CGI Starts Fiscal 2018 on a Good Note; More Positive Macro Outlook; Shares Overvalued
CGI started fiscal 2018 on a good note. The company posted solid revenue growth and provided an encouraging global macroeconomic outlook. To that end, CGI’s prior positive commentary on the financial-services industry was evident in the first quarter. In addition, the manufacturing, retail, and distribution, or MRD, business also performed well. These two large, important business lines represent generally positive momentum for not just CGI, but the entire IT services industry. The company’s pro...CGI Group is engaged in managing information technology services, including outsourcing, systems integration and consulting, software licenses and maintenance, as well as business process services to help clients realize their strategies and create added value.
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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