Liberty Global closes the merger of its Dutch business with Vodafone's Dutch business.
Liberty Global reported 2016 results that were roughly in line with our expectations, and we don't anticipate any significant changes to our fair value estimate. Our narrow moat rating remains intact. The firm reported that revenue increased 9.5%, versus our projection of 9.6%. The company's acquisitions of Base in Belgium and Cable & Wireless Communications in Latin America more than offset the impact from the decline in the British pound at Virgin Media, its largest division. We believe th...
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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