Morningstar's Profit Rises 18% in Second Quarter
August 14, 2006
Morningstar reported that its second-quarter profit rose 18% to $11.2 million, or 24 cents a share, compared to $9.5 million, or 22 cents a share, a year earlier. The company said its recent acquisitions, combined with rising demand for its financial advisory services, drove the profits.
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