Telefonica is leading Europe in the movement to converged services.
Telefonica reported solid third-quarter results in local currency terms, but these results were hurt by the strength of the euro versus the British pound and several Latin American currencies. The firm's reported third-quarter revenue declined 2.5% year over year versus our full-year projection of slight growth. But in local currency terms, Telefonica generated solid 4% growth. We believe the local currency growth demonstrates the firm’s turnaround is progressing well, and we are maintaining our...
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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