Good News on Digital Real Estate and Newspapers, Bad News on Pay-TV Units
The 2% year-on-year lift in News Corporation's fiscal 2018 second-quarter normalised EBITDA to USD 332 million was solid, cycling against the 14% growth a year ago. Digital Real Estate continues to justify its "crown jewel" status in the no-moat group, posting its ninth consecutive quarter of stellar earnings growth (up 25% to USD 119 million in the reported period). Granted, Move's strong progress in the U.S. since acquisition has contributed to the division's march towards the USD 400 million ...
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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