Our fair value estimate for Fen Wine is CNY 235 per share, which implies fiscal-year price/earnings of 21 times earnings, an enterprise value/EBITDA multiple of 15 times, a free cash flow yield of 4%, ...

This allows the company to upgrade its product mix and capture the solid premiumization trend in Anhui, and generate economic profits well into the future, in our view. With the backdrop of the baijiu ...

Markets cheered after the inauguration of a president who campaigned on sending America’s economy soaring. Instead, the Trump ...

Tariffs have radically altered Morningstar’s second-quarter U.S. economic outlook as the organization’s chief U.S. economist said President Donald Trump’s proposed tariffs have pushed ...

U.S. equities declined -4.3% due to increasing caution surrounding AI-levered Magni1cent Seven stocks and concerns ...

Portfolio occupancy fell to 89.6% with continued pressure on overseas assets and frictional local vacancies, while MPACT’s rent reversion at 3.6% was led by its Singapore assets.

Baron Real Estate Income Fund declined in the first quarter of 2025, underperforming its benchmark, the MSCI USA IMI Extended ...

Greece’s economic standing among its European peers, dismal during the 2010s, was finally bolstered by upgraded ...

Morningstar Senior Equity Analyst Dan Wasiolek ... But travel demand "is not immune from economic slowdowns, as shown in revPar dropping 2% in 2008 amid a slight GDP decline," he wrote.

Financial firms revised their forecasts on Thursday to reflect the new, gloomier economic outlook. The tariffs ... senior U.S. economist for Morningstar Research, wrote in a commentary.

The changes to our model are immaterial and our fair value estimate of $40 per share for no-moat BHP is reiterated. Shares ...

Forecasters were revising the outlook for the U.S. economy Thursday ... senior U.S. economist for Morningstar Research, wrote in a commentary. "But a recession can be purely short-run pain.