Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Morningstar Publishes Research on Mighty River Power

Morningstar Australasia Publishes Independent Stock Analyst Research on Mighty River Power

AUCKLAND, 22 April 2013 — Morningstar Australasia Pty Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN), today published independent stock research on the forthcoming partial float of Mighty River Power.

"We're pleased to be publishing this research on the Mighty River Power float to New Zealand investors," said Morningstar Australasia Chief Executive Officer Anthony Serhan. "Morningstar's mission is to create great products that help investors make better decisions, and this research will help investors better understand the key issues and risks associated with the share offer. Investors should seek professional financial advice on their personal circumstances before making a decision whether or not to invest."

New Zealand retail investors can register to receive a copy of the Morningstar research report at www.morningstar.com.au/869. Registration will also entitle investors to four weeks' complimentary Premium subscription access to www.morningstar.com.au, a leading online destination for research on Australian and New Zealand stocks, managed funds, and related securities, and one hardcopy and three online complimentary copies of Huntleys' Your Money Weekly, Australia's leading stock investment newsletter. New Zealand financial advisers and brokers will have access to the report through Morningstar® Adviser Research CentreTM.

Morningstar Australasia's team of 20 stock analysts covers around 230 New Zealand and Australian stocks and more than 30 income securities, as part of a team of 120 equities and credit analysts who undertake research on around 1,700 companies and 700 debt issuers globally. Morningstar does not charge listed companies for the production of stock analyst research. More information about Morningstar's equity research methodology is available at: http://corporate.morningstar.com/au/documents/MethodologyDocuments/MethodologyPapers/Morningstar-Equities-Research-Methodology.pdf
About Morningstar Australasia Pty Limited and Morningstar, Inc.
Morningstar Australasia Pty Limited is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisers, and institutions. Morningstar provides data on more than 416,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than nine million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment management subsidiaries and had approximately US$149.0 billion in assets under advisement and management at 31 December 2012. The company has operations in 27 countries.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

ALSO:

Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

ALSO:

Inflation: CPI Increases 0.3 Percent In June Quarter

The consumers price index (CPI) rose 0.3 percent in the June 2014 quarter, Statistics New Zealand said today. This follows rises of 0.3 percent the March quarter and 0.1 percent in the December 2013 quarter. More>>

ALSO:

Half Empty: Dairy Product Prices Drop To Lowest Since December 2012

Dairy product prices fell to the lowest level since December 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and anhydrous milk fat. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news