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Morning Star history
Morning Star company history timeline
After graduating with his MBA in 1980, Mansueto and college roommate Kurt Hanson started a market research firm that served the radio industry.
1984: Joseph Mansueto established the Mutual Fund Sourcebook Inc.
First-year sales reached $100,000, and doubled to $200,000 in 1985, when the company unveiled its Star Rating system for mutual funds.
In 1986, the name was renamed to Morningstar Inc.
In 1986 Mansueto loaned $200,000 of his own money--and a similar amount from his father--to Morningstar, which used the capital to launch a fortnightly publication called Mutual Fund Values (later re-titled Morningstar Mutual Funds).
Phillips had joined the company as its first analyst in 1986, after answering an ad in the Chicago Tribune.
Tao Huang, a Chinese native who had joined Morningstar in 1990 to develop its CD-ROM products, was named chief operating officer.
1991: The company unveils Mutual Funds OnDisc, its first CD-ROM product.
Morningstar's 1994 acquisition of MarketBase added stock coverage to its offerings.
1997: Morningstar established its online presence and set up the “Morningstar.net” website.
In March 1998, Timothy K. Armour was named Morningstar's chief operating officer.
1998: Morningstar Japan K.K. was created.
Several important developments occurred in 1998.
1998: A joint venture with Tokyo's Softbank results in the formation of Morningstar Japan K.K.
In 1999 Morningstar also expanded into Canada and opened offices in New Zealand and Australia.
Armour assumed the role of president in 1999, and the company restructured a number of executive responsibilities.
2000: Morningstar expanded and established Morningstar Europe, Morningstar Norge AS, Morningstar Asia, and Morningstar Korea.
Morningstar Japan also made its initial public offering in 2000 on NASDAQ-Japan.
New offerings in 2001 included an online institutional research platform called DataLab, along with the Morningstar Rating for stocks.
By 2001 Morningstar had firmly established its international presence, with Web sites for investors in Australia, Canada, Denmark, Finland, France, Germany, Hong Kong, Italy, the Netherlands, Norway, Spain, Sweden, and the United Kingdom.
2004: Morningstar began to prepare for its IPO.
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Morning Star competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Daily Mail | 1896 | $186.3M | 350 | - |
| Tradition | 1977 | $2.3B | 3,000 | 2 |
| Sunnyside | 1928 | $7.4M | 35 | 82 |
| Beaumont Enterprise | 1880 | $15.0M | 175 | 11 |
| Gable | - | $510,000 | 10 | 28 |
| Gusman Center | 2010 | $280,000 | 2 | - |
| Guadalupe | 2013 | $680,000 | 10 | 1 |
| Coolidge Corner Theatre | 1933 | $5.0M | 29 | - |
| TacomaArtsLive | 1979 | $1.6M | 30 | - |
| Alice | 2015 | $290,000 | 10 | 3 |
Morning Star history FAQs
Zippia gives an in-depth look into the details of Morning Star, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Morning Star. The employee data is based on information from people who have self-reported their past or current employments at Morning Star. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Morning Star. The data presented on this page does not represent the view of Morning Star and its employees or that of Zippia.
Morning Star may also be known as or be related to MORNING STAR INC, Morning Star and The Morning Star.