Televisa Posts Weak 4Q, Continues to Suffer From Declining Ad Revenue
Grupo Televisa ended 2017 with a disappointing fourth quarter, as revenue and operating income both came in below consensus expectations. Management attributed the revenue decline of 4% and the 7% fall in segment operating income to the soft Mexican economy and issues with the current advertising model for its content segment. We continue to project that both factors will linger in the near term, but the longer-term outlook appears more positive if the firm can shift its advertising sales model ...
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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