Industry Leader Compass Serves Up a Solid 3Q
Catering giant Compass Group put further distance between itself and the difficulties faced earlier this year by peers Sodexo and Elior Participations with another solid third-quarter update. Organic revenue growth hit 5.1% on an adjusted basis in the third quarter, in line with our expectations and management’s guided range of 4%-6% for full-year 2018. We do not expect to make any material changes to our forecasts, nor to our GBX 1,670 fair value estimate, on the back of these results. We reite...
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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