GO
Loading...

Morningstar Inc

More

  • Bernstein Research said this week that about a third of U.S. shale production would be uneconomical if oil prices were to fall to $80 per barrel. E&P industry needs $90 NYMEX, about $100 Brent, oil prices to maintain the current oil rig count of 1,500-1,600 rigs, which is intrinsic to our U.S. oil production outlook. MORNINGSTAR INC "Our analysis suggests that the...

  • BOSTON, Oct 21- U.S. corporate bond funds this year are adding Treasuries to their holdings at more than twice the rate of corporate debt amid concern that the struggling European economy and potential changes in Federal Reserve policy will drag down profits at U.S. corporations. Through September, corporate bond portfolios boosted their holdings of U.S....

  • Morningstar posts 3Q profit Wednesday, 22 Oct 2014 | 7:09 PM ET

    CHICAGO _ Morningstar Inc. on Wednesday reported earnings of $30.2 million, or 67 cents per share, in its third quarter. The company, based in Chicago, posted revenue of $193.1 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Fidelity star manager cuts Herbalife bet in third quarter Wednesday, 22 Oct 2014 | 3:21 PM ET

    BOSTON, Oct 22- One of Fidelity Investments' top stock pickers cooled on Herbalife Ltd in the third quarter, cutting his stake in the company after a profit miss and fresh allegations from billionaire investor William Ackman that it is a fraud. Steve Wymer, who runs the $41 billion Fidelity Growth Company Fund disclosed reducing his stake in Herbalife in a...

  • BOSTON, Oct 13- Abigail Johnson has taken another big step toward being the next leader of Fidelity Investments after the company said she will add the title of chief executive to her duties. Over the past decade, Boston- based Fidelity, which had managed assets of $2 trillion at the end of August, has ceded its once-powerhouse status to Vanguard Group as its...

  • Oct 3- Bond star Bill Gross will commence his new gig at Janus Capital Group Inc with modest needs- a trader and someone to deal with clients- as he takes over a tiny fund with the hopes of making a big splash. "It's unlikely that Janus will ever match that level of support, raising the question of how successful Gross can be with fewer resources," Morningstar Inc analyst...

  • Oct 3- Bond star Bill Gross so far has requested only one trader for his new gig at Janus Capital Group Inc, according to a report from mutual fund research firm Morningstar Inc.. Gross last week rattled global bond markets with his surprise departure from Pacific Investment Management Co, where he ran the massive $222 billion Pimco Total Return Fund.

  • NEW YORK/ BOSTON Sept. 30- Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds.

  • BOSTON/ NEW YORK, Sept 26- Janus Capital Group shares surged 38 percent on Friday as investors bet that famed bond manager Bill Gross will bring his old star power to the small mutual fund company, even though his last months at Pimco were tainted by infighting and heavy investor outflows.

  • Sick of huge fees? Here's some good news Friday, 26 Sep 2014 | 9:46 AM ET
    The offices of the California Public Employees' Retirement System (Calpers) are shown in Sacramento, Calif.

    A recent move by CalPERS was seen as a victory for critics of hedge funds' high fees and low transparency and liquidity.

  • MALVERN, Pa., Sept 16- As U.S. investors race into Vanguard Group mutual and exchange-traded funds at breakneck speeds, the No. 1 mutual fund company's overseas operations have expanded at a comparative snail's pace.

  • Sept 12- Hudson City Bancorp Inc said Chief Executive Ronald Hermance Jr., 67, passed away unexpectedly on Thursday evening, and named Chief Operating Officer Denis Salamone as successor. His passing comes before the close of M&T Bank Corp's acquisition of Hudson City for $3.7 billion.

  • Sept 3- Toll Brothers Inc is finally feeling the pinch as a steep rise in home prices discourages even the most affluent Americans from buying its luxury homes. "Even though Toll targets the high-end luxury buyer, pricing has been pushed so high already that at some point the buyer is going to walk away," Morningstar Inc analyst James Krapfel told Reuters.

  • China foreign investment pattern changes Tuesday, 26 Aug 2014 | 7:25 PM ET
    Workers sew blue jeans in Yilin textile factory in Dongguan, Guangdong province, China.

    China's foreign investment mix is changing, with portfolio investors buying more stocks but foreign direct investment falling to a two-year low.

  • July 15- Hershey Co, the No. 1 candy producer in the United States, on Tuesday hiked its chocolate prices for the first time in three years, a sign that a year-long soaring cocoa market is eating into confectioners' profits.

  • A top holding in the $710 million Ivy Emerging Markets Equity Fund, the best performing diversified emerging market fund over the last five years, is Las Vegas Sands Corp, the U.S.-based casino operator that generates most of its revenue in Macao.

  • 'Nobility' in managing funds: Morningstar exec Friday, 20 Jun 2014 | 10:25 AM ET
    Don Phillips

    Managing a mutual fund is nothing short of a noble calling to alleviate wealth inequality, according to a Morningstar senior executive.

  • Bond manager: 'Be petrified' about Japan's debt Wednesday, 18 Jun 2014 | 5:01 PM ET
    A man walks past an electronic stock indicator at the window of a security company in Tokyo on May 16, 2014.

    Michael Hasenstab said that Japan's easy money policy will bolster global liquidity, but he warned that debt conditions there are worrisome.

  • CHICAGO, June 18- Templeton bond fund manager Michael Hasenstab, an influential voice on emerging market debt, said Wednesday that Japan's easy money policy will bolster global liquidity, but he also warned that debt conditions in the Asian country are worrisome.

  • Who's putting cash back into unpredictable markets Thursday, 12 Jun 2014 | 11:33 PM ET

    The day has been long for Justin M. Leverenz, who runs America's largest emerging markets mutual fund at Oppenheimer Funds.