Plus, more muddling for Europe, a pricey purchase for Merck, and U.S. retail registers ring.
Americans sour on McDonald's food, but are still sweet on the stock
The Chinese e-commerce giant’s first public update shows the power of the firm’s network effect, though shares are slightly overvalued at today’s levels, says Morningstar’s R.J . Hottovy .
Although shares are pricey, the firm wields a tremendous amount of pricing power, reinforcing its narrow moat, says Morningstar's R.J . Hottovy .
We’re nevertheless maintaining our fair value estimate as PayPal continued to show good momentum, says Morningstar’s R.J . Hottovy .
The shared services agreement between eBay and PayPal should preserve the synergies between the businesses while allowing management to focus on enhancing their respective network effects, says Morningstar’s R.J . Hottovy .
Comparisons to China are premature, but investors find its long-term growth potential hard to ignore.
Plus, no QE present yet for the eurozone, auto sales rev, and Barnes & Noble reclaims its Nook.
Top managers continue to find new opportunities, while taking full advantage of a rising stock market to book some gains.
The continuing U.S. stock market rally has diminished the number and similarity of purchases across these top managers.