Morningstar's Fourth Quarter Profit Rises 35%

Morningstar announced Thursday that its fourth-quarter earnings rose 35% to $13.6 million, or 29 cents a share, from $10.1 million, or 22 cents a share in the fourth quarter of 2005.

In the two years since Morningstar went public, Chairman Joe Mansueto has boosted earnings in seven out of eight quarters.

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Money Management Executive
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