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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 23-33
  • AbbVie's $46 billion bid for Irish rival rejected

    Irish pharmaceutical company Shire Plc said Friday it had rejected a $46.3 billion takeover offer from North Chicago-based AbbVie Inc., thwarting, at least for now, the company’s attempt to tap into the London-listed company’s low tax rate....
  • Pilgrim's Pride raises its offer for Hillshire

    Pilgrim's Pride raises its offer for Hillshire
    Hillshire Brands Co. shares hit a new high on Tuesday after Pilgrim's Pride Corp. raised its offer for the Chicago-based food company to $55 per share. Investors are now waiting to see whether bidder Tyson Foods Inc. will come back with yet a higher...
  • Tyson makes competing $6.1-billion offer for Hillshire Brands

    Tyson makes competing $6.1-billion offer for Hillshire Brands
    The food fight over Hillshire Brands Co. is getting messier. The Chicago company, maker of Ball Park franks and Jimmy Dean sausage, has received unsolicited takeover offers from two rival meat-processing heavyweights. Tyson Foods Inc. on Thursday...
  • Peoples Gas parent Integrys being bought for $5.7 billion

    Peoples Gas parent Integrys being bought for $5.7 billion
    It was just before Christmas that Gale Klappa, chairman and CEO of Wisconsin Energy Corp., asked Charlie Schrock, his counterpart at Chicago-based Integrys Energy Group Inc., out to dinner. Sitting in a restaurant in Chicago, Klappa didn’t mince...
  • 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...
  • Walgreen feared IRS scrutiny if inversion OK'd

    Walgreen feared IRS scrutiny if inversion OK'd
    A seeming parade of U.S. companies has been marching across the Atlantic, reincorporating in Europe to take advantage of substantial corporate tax breaks. Despite a growing drumbeat of criticism from activists and politicians, threats from U.S....
  • 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...
  • Ryerson steel firm has long Chicago history but weak IPO

    In the century after its conception on the banks of the Chicago River in 1842, Ryerson grew into the nation's largest steel distributor and a Chicago institution, employing thousands in the area and leaving the Ryerson family name stamped on art...