Owens Formally Reports a Disappointing 2017 as Its Future Remains Uncertain
Owens & Minor issued preliminary fourth-quarter results on Jan. 31Â to prepare investors for what was a tough quarter and year. The firm largely confirmed its preannouncement as revenue remained flat and profitability compressed for both periods. Management cited many issues, including increased competition, pricing compression, and cost overruns. We believe the consumable medical product wholesaling market is fraught with challenges ranging from commoditized products, easy market entrance fo...
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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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