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AMR Corporation Down 7% As Morningstar Suggests Potential for Bankruptcy
Friday, October 21, 2011 - 1:20pmAMR Corporation (NYSE: AMR) shares are plunging, down almost 8% after worries popped up that the company could be getting ready to file for Chapter 11, bankruptcy. Morningstar has suggested that the company will "succumb to bankruptcy", the reason for the sudden drop in shares. At last check,...
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Top Takeover Targets In The Biotechnology Sector This Year (VRTX, AUXL, CELG, ITMN, GENZ)
Tuesday, March 9, 2010 - 9:09pmAnalysts at Morningstar have compiled a list of top takeover targets in the biotechnology sector this year. Morningstar said that it weighed drug portfolio strength, fit with potential partners, profit-boosting power, and financial health in assessing the chances of a takeover. The list includes...
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Interview With Morningstar.com President (MORN)
Friday, February 12, 2010 - 3:05pm
Kunal Kapoor, who is Morningstar's President of Individual Investor Software, the division which oversees Morningstar.com, was nice enough to talk with me this morning about his company's acquisition of Footnoted.org. Benzinga.com covered this story on Tuesday, which you can read here. We also...
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iShares Gains Market Share In 2009 Even As Competition Intensifies (EEM, VWO)
Tuesday, January 5, 2010 - 1:36pmiShares ETFs, which held about 47.7% of all US ETF assets in 2008, increased its AUM to $373 billion, or about 50.1% of the assets in all U.S. ETFs, according to fund researcher Morningstar Inc. The gain is impressive considering the intense competition. Companies like State Street Corp.(NYSE: STT...
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