Perrigo's Regulatory Filings Now Current as 1Q Performance Tracks Our Expectations
Perrigo’s first-quarter results mostly matched our expectations following management’s preview in April. We’re adjusting our model as we incorporate Perrigo’s regulatory filings, which are now up to date, but we’re keeping our fair value estimate unchanged. Although we’re encouraged by Perrigo’s decision to sell Tysabri and efforts to improve its international branded consumer health business, we’re leaving our no-moat rating in place as increasing competition in the U.S. generics business and p...
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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