Experian's Consumer Business Has Started to Rebound
Experian finished its fiscal year on a good note, with full-year revenue, excluding currency impacts and acquisitions, up 9% year over year, a bit ahead of our long-term expectation of 6%-7% growth. Still, results were roughly in line with our expectations, and we will maintain our GBP 1,940 fair value estimate and wide moat rating.North American results were impressive, with this region producing 10% year-over-year growth for the year, excluding currency impacts and acquisitions. Experian appe...
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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