Global Payments Well Positioned for Continued Growth
A strong global economy along with the continued digitization of payments drove double-digit growth for narrow-moat Global Payments in the first quarter of 2018. Adjusted net revenue plus network fees grew 17% in North America, 22% in Europe, and 15% in Asia as the company benefited from market growth and probably took share from smaller competitors. At the same time, the company is taking advantage of industrywide trends toward omnichannel solutions and the integration of payment processing wit...
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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