Discovery Reports Mixed 4Q; 1Q International Ad Revenue Expected to Be Down High Single Digits
Discovery posted a mixed end to a busy 2018, as fourth-quarter revenue came in slightly below consensus expectations. While the firm reported flat year-over-year international advertising revenue, management warned that ad sales outside the U.S. are trending down high single digits thus far in 2019 due to a tough comp versus the Olympics in Europe last year and a pullback in spending in certain markets like the U.K. (Brexit) and Mexico (reduced government ad expenditures). This weakness highligh...
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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