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Morningstar Incorporated

A collection of news and information related to Morningstar Incorporated published by this site and its partners.

Top Morningstar Incorporated Articles

Displaying items 12-22
  • Harris: Crown family sides with activist hedge fund on PetSmart

     Harris: Crown family sides with activist hedge fund on PetSmart
    The investment arm of Chicago's billionaire Crown family has thrown its weight behind a New York-based activist hedge fund in its calls for retailer PetSmart to sell itself, a rare public rebuke of a company the family invests in. In a Monday letter...
  • Chicago is a hotbed for billionaires, firms report

    Chicago is a hotbed for billionaires, firms report
    More billionaires are born in Chicago than in any other U.S. city apart from New York, according to reports from two firms that investigate wealth. In fact, one in every 200 billionaires in the world is born in Chicago, according to wealth research firms...
  • Key to securing portfolio is building excellent 'moat'

    One of the central maxims of billionaire investor Warren Buffett is that you want to buy stock in companies that have good moats. We all know what a castle moat does: It keeps out invaders. What Buffett is referring to is an impregnable barrier that...
  • Heritage Village to give Upper Nazareth $50,000 toward improvements at park

    The builders of Heritage Village in Upper Nazareth have agreed to give the township $50,000 toward capital improvements to Tuskes Park after a heated debate during Wednesday night's Board of Supervisors meeting. Heritage Village, an age-restricted...
  • Shares of Ryerson, steel company with deep Chicago roots, sink in market debut

    Shares of Ryerson, steel company with deep Chicago roots, sink in market debut
    Ryerson Holding Corp., a 172-year-old Chicago steel distributor, fell in its trading debut on Friday -- even lower than its reduced expectations. Shares lost 70 cents, or 6.4 percent, to close at $10.30 on Friday. The Chicago company's stock began on...
  • An evening of praise music

    SOUTH WINDSOR - Our Savior Lutheran Church is honored to host Robin Mark this summer for his only Connecticut appearance Friday, Aug. 15 at 7 p.m. at the Timothy Edwards Middle School, 100 Arnold Way. Join world renowned singer/songwriter Robin Mark for...
  • Walgreen CFO Wade Miquelon replaced by Kraft executive

    Walgreen CFO Wade Miquelon replaced by Kraft executive
    Walgreen Co. on Monday replaced longtime chief financial officer Wade Miquelon with Timothy McLevish, who held the same position at Kraft Foods Group Inc. The move, effective immediately, comes days before the Deerfield-based pharmacy chain prepares...
  • Walgreen CEO: Leaving U.S. wasn't in best interest of shareholders

    Walgreen CEO: Leaving U.S. wasn't in best interest of shareholders
    Walgreen has exercised its option to buy the remaining 55 percent of European pharmacy retailer and wholesaler Alliance Boots in a $15.26 billion deal that will keep its corporate tax headquarters in the United States. The company that will emerge...
  • 'Buy what you know' can be dangerous

    Legendary investor Peter Lynch, whose investment management skills helped attract billions of dollars into the Fidelity Magellan Fund from 1977 until 1990, once famously advised small investors, "Buy what you know." The concept was simple: If you buy what...
  • Exelon buying Integrys' retail electricity arm

    Exelon buying Integrys' retail electricity arm
    Nearly 1 million Chicagoans bid adieu to Exelon’s Commonwealth Edison last year, hoping to get a better deal from a new power company. A deal announced Wednesday will send them back into Exelon’s arms. Exelon Corp. announced Wednesday it...
  • Complete list of Sundance Film Festival selections: U.S. and World competitions

    Complete list of Sundance Film Festival selections: U.S. and World competitions
    The Sundance Institute has announced the selected films for the U.S. and World Cinema dramatic and documentary competitions and the out-of-competition NEXT <=> section of the 2014 Sundance Film Festival.  This year's festival will be held Jan. 16-26 in...