News on Morningstar (Ticker: MORN) continually updated from thousands of sources around the net.
Should religious groups be tax exempt?
Could you pass a US citizenship test?
Craig McGee of CPMS Morningstar Canada uses a strategy that looks for U.S. businesses expanding at a rapid clip The S&P 500 has had a spectacular year and some of the best performers have been companies, such as Twitter or Facebook, that have excited investors with their potential for growth.
A trio of big-name stock pickers have announced they'll be closing the door to new investors in another sign that there is a shortage of deals to be found in equities.
Giving pledge: Groupon co-founder Eric Lefkofsky and his wife Liz are the latest to join billionaire club The Giving Pledge, which earmarks half their fortune for charitable causes The CEO of Chicago-based discount deal website Groupon has become the latest billionaire to sign away half his fortune to charity.
To be sure, it has been an interesting year in the stock market. At the beginning of the year, almost no one saw gains of 20 to 30 percent for the stock market indices and most macro players continued to believe that the next crisis was right around the corner.
Investors are devouring shares of Sysco Corp. as the largest food distribution company in North America grabs an even greater portion of the market through the $3.5-billion acquisition of privately owned US Foods Inc. Sysco stock touched a record high on Monday as buyers salivated over the scale and reach of the combined company and the potential ... (more)
This Sept. 10, 2012 file photo shows public school teachers picketing as Mayor Rahm Emanuel visits with students taking part at the Safe Haven program in Chicago.
"There are three common assumptions that many software tools and financial advisors use to come up with a retirement savings goal-a 70 or 80 percent replacement rate based on pre-retirement income, an income need that rises with inflation, and a 30-year retirement time horizon," , head of retirement research for Morningstar Investment Management, ... (more)
Morningstar, Inc., the international investment research company, has awarded its highest five-star rating to the Citadele Russian Equity Fund, managed by Citadele Asset Management, a subsidiary of Citadele Bank, based in Riga, Latvia, informs BC Zane Udrase, head of corporate communications at Citadele.... Read more...
Expect more of the same in a losing game plan - that's how industry analysts greeted news Friday of the latest planned spin off by struggling retailer Sears Holdings Corp. The Hoffman Estates based company said it is spinning off its Lands End clothing business, which generated $1.6 billion in sales last year.
Washington, D.C., leads city pension health while New York and Chicago face thousands in unfunded liabilities per capita, says Morningstar municipal credit analyst Rachel Barkley.
The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
San Francisco , Dec. 5, 2013 -- Forward has announced that the Forward Select Income Fund has reopened to new investors.