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    <title>Morningstar Research and Commentary</title>
    <description>Morningstar: a leading provider of investment information worldwide.</description>
    <link>https://www.morningstar.co.uk/uk/news/2110/RSS.aspx</link>
    <lastBuildDate>Fri, 13 Mar 2026 14:37:39 GMT</lastBuildDate>
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      <title>Berkeley Group: Guidance Maintained but Wary of Impact From War in the Middle East</title>
      <description>We think Berkeley Group Holdings stock is fairly valued.</description>
      <link>https://www.morningstar.co.uk/uk/news/274470/berkeley-group-guidance-maintained-but-wary-of-impact-from-war-in-the-middle-east.aspx</link>
      <author>Jack Fletcher-Price</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/XUWUXJ6KW5HB5KQXIZKGFOEZZE.png</image>
      <pubDate>Fri, 13 Mar 2026 14:37:39 GMT</pubDate>
    </item>
    <item>
      <title>Adobe Earnings: Good Quarter Overall; Longtime CEO Retiring</title>
      <description>We maintain our fair value estimate for Adobe stock.</description>
      <link>https://www.morningstar.co.uk/uk/news/274460/adobe-earnings-good-quarter-overall;-longtime-ceo-retiring.aspx</link>
      <author>Dan Romanoff, CPA</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/WPMVEZW66NC4XFIHBCNBQXMTSU.jpg</image>
      <pubDate>Fri, 13 Mar 2026 09:39:45 GMT</pubDate>
    </item>
    <item>
      <title>BMW Earnings: Results In Line With Guidance; Further Margin Pressure Expected in 2026</title>
      <description>We think BMW stock is moderately undervalued.</description>
      <link>https://www.morningstar.co.uk/uk/news/274445/bmw-earnings-results-in-line-with-guidance;-further-margin-pressure-expected-in-2026.aspx</link>
      <author>Rella Suskin, CFA</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/2VHDFSBT5BDB7OHKMWYKIN2ERI.jpg</image>
      <pubDate>Thu, 12 Mar 2026 17:11:21 GMT</pubDate>
    </item>
    <item>
      <title>Iranian Escalation Heightens the Risk of $100-Plus Brent Oil Soon; Long-Term View Unchanged</title>
      <description>Our update on select stocks from the Energy sector.</description>
      <link>https://www.morningstar.co.uk/uk/news/274418/iranian-escalation-heightens-the-risk-of-$100-plus-brent-oil-soon;-long-term-view-unchanged.aspx</link>
      <author>Joshua Aguilar</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/OL66RXI6XFE2DJSYR4INVCEBNE.png</image>
      <pubDate>Thu, 12 Mar 2026 09:32:57 GMT</pubDate>
    </item>
    <item>
      <title>UK Pub Industry Outlook 2026: Costs Rise but World Cup Could Boost Sales</title>
      <description>More than 4,000 UK pubs have closed since 2019 as operators battle rising taxes, wages, and energy costs across Britain's multibillion-pound market.</description>
      <link>https://www.morningstar.co.uk/uk/news/274399/uk-pub-industry-outlook-2026-costs-rise-but-world-cup-could-boost-sales.aspx</link>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/ZK6Y2CVWIVEF5PRQMYGBLAZCDE.jpg</image>
      <pubDate>Wed, 11 Mar 2026 12:18:40 GMT</pubDate>
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    <item>
      <title>10 Stocks the Best US Fund Managers Have Been Selling Recently</title>
      <description>Top investors have taken money off the table in these names.</description>
      <link>https://www.morningstar.co.uk/uk/news/274386/10-stocks-the-best-us-fund-managers-have-been-selling-recently.aspx</link>
      <author>Susan Dziubinski</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/5WSHPTEQ6BADZPVPXVVDYIKL5M.png</image>
      <pubDate>Wed, 11 Mar 2026 09:34:17 GMT</pubDate>
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    <item>
      <title>What AI Means for Software Companies' Moats</title>
      <description>We're no longer certain that software firms will outperform over the next decade, but positive outcomes remain possible for names like Salesforce.</description>
      <link>https://www.morningstar.co.uk/uk/news/274385/what-ai-means-for-software-companies-moats.aspx</link>
      <author>Dan Romanoff, CPA</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/P7IVURNOERF3JOQLYOMBSNAYAQ.jpg</image>
      <pubDate>Wed, 11 Mar 2026 09:16:57 GMT</pubDate>
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      <title>Persimmon Earnings: Superb Performance but War in the Middle East Clouds Outlook</title>
      <description>We think Persimmon stock is moderately undervalued.</description>
      <link>https://www.morningstar.co.uk/uk/news/274381/persimmon-earnings-superb-performance-but-war-in-the-middle-east-clouds-outlook.aspx</link>
      <author>Jack Fletcher-Price</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/PQPFJCRKCBD7LPUX2SGS2MXLQ4.jpg</image>
      <pubDate>Wed, 11 Mar 2026 08:36:31 GMT</pubDate>
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      <title>Best FTSE 100 Dividend Stocks: Lloyds, Shell, and Rolls-Royce Raise Payouts</title>
      <description>UK earnings season revealed dividend increases across the FTSE 100, with banks, oil majors, and defense giants boosting payouts for income investors.</description>
      <link>https://www.morningstar.co.uk/uk/news/274350/best-ftse-100-dividend-stocks-lloyds-shell-and-rolls-royce-raise-payouts.aspx</link>
      <author>James Gard</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/VPRP3METFNG7RMHMOEXWSEG4OA.png</image>
      <pubDate>Tue, 10 Mar 2026 15:22:41 GMT</pubDate>
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      <title>Rheinmetall Ahead of Earnings: Europe's Rearmament Drives Orders, Stock Still Has Upside</title>
      <description>Rheinmetall is one of our top stock picks in the European defense sector, trading in four-star territory. </description>
      <link>https://www.morningstar.co.uk/uk/news/274362/rheinmetall-ahead-of-earnings-europes-rearmament-drives-orders-stock-still-has-upside.aspx</link>
      <author>Loredana Muharremi</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/6YNWNTFAXRD43KJ4I7QIVRTJVY.jpg</image>
      <pubDate>Tue, 10 Mar 2026 13:17:17 GMT</pubDate>
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      <title>National Grid: Raising Economic Moat Rating to Narrow and Fair Value Estimate</title>
      <description>We think National Grid stock is moderately undervalued and shares attractive.</description>
      <link>https://www.morningstar.co.uk/uk/news/274351/national-grid-raising-economic-moat-rating-to-narrow-and-fair-value-estimate.aspx</link>
      <author>Tancrede Fulop</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/JYODVPK3FBBIXMA6X4BFGCRQQE.png</image>
      <pubDate>Tue, 10 Mar 2026 09:46:01 GMT</pubDate>
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    <item>
      <title>How Income Investors Can Avoid Dividend Traps in 2026</title>
      <description>Here are three ways to identify companies whose dividends are at risk.</description>
      <link>https://www.morningstar.co.uk/uk/news/274349/how-income-investors-can-avoid-dividend-traps-in-2026.aspx</link>
      <author>Dan Lefkovitz</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/DM52NZGOMNG2DGBGVG4C26OCPA.png</image>
      <pubDate>Tue, 10 Mar 2026 09:24:13 GMT</pubDate>
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      <title>An Undervalued Stock to Buy and Hold for the Long Term</title>
      <description>Trading at a big discount, the stock of this narrow-moat company in transition looks attractive.</description>
      <link>https://www.morningstar.co.uk/uk/news/274309/an-undervalued-stock-to-buy-and-hold-for-the-long-term.aspx</link>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/WZ6QSWHVUZCPRG5LBO5FPU3S5U.png</image>
      <pubDate>Mon, 09 Mar 2026 10:29:14 GMT</pubDate>
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      <title>Wizz Air: Middle East Disruption Triggers EUR 50 Million Earnings Hit </title>
      <description>We think Wizz Air Holdings stock is moderately undervalued.</description>
      <link>https://www.morningstar.co.uk/uk/news/274308/wizz-air-middle-east-disruption-triggers-eur-50-million-earnings-hit-.aspx</link>
      <author>Loredana Muharremi</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/NPFCNTA5RZHH5FMV4BA7PI6KJQ.png</image>
      <pubDate>Mon, 09 Mar 2026 10:14:52 GMT</pubDate>
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      <title>London Stock Exchange: Rapid LLM Development Pace Increases Uncertainty; Base Case Unchanged</title>
      <description>We think London Stock Exchange Group stock is moderately undervalued.</description>
      <link>https://www.morningstar.co.uk/uk/news/274307/london-stock-exchange-rapid-llm-development-pace-increases-uncertainty;-base-case-unchanged.aspx</link>
      <author>Niklas Kammer</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/OYORYOWNOVFABFCQ5NQI75FAUM.png</image>
      <pubDate>Mon, 09 Mar 2026 10:10:22 GMT</pubDate>
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      <title>10 Stocks the Best US Fund Managers Have Been Buying Recently</title>
      <description>Here's where top stock-pickers have been investing lately.</description>
      <link>https://www.morningstar.co.uk/uk/news/274306/10-stocks-the-best-us-fund-managers-have-been-buying-recently.aspx</link>
      <author>Susan Dziubinski</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/5WSHPTEQ6BADZPVPXVVDYIKL5M.png</image>
      <pubDate>Mon, 09 Mar 2026 10:09:30 GMT</pubDate>
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      <title>Universal Music Earnings: Business Remains Strong, and Artificial Intelligence Fears Are Overstated</title>
      <description>We think Universal Music Group stock is significantly undervalued.</description>
      <link>https://www.morningstar.co.uk/uk/news/274289/universal-music-earnings-business-remains-strong-and-artificial-intelligence-fears-are-overstated.aspx</link>
      <author>Matthew Dolgin</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/LLC7ID3TDNDQXLTNKVSHYSUK5Y.jpg</image>
      <pubDate>Fri, 06 Mar 2026 15:55:37 GMT</pubDate>
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      <title>5 US Stocks with the Largest Fair Value Estimate Cuts After Q4 Earnings</title>
      <description>Workday and Paycom are among the stocks with the deepest reductions.</description>
      <link>https://www.morningstar.co.uk/uk/news/274269/5-us-stocks-with-the-largest-fair-value-estimate-cuts-after-q4-earnings.aspx</link>
      <author>Bella Albrecht</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/FLQENUR5FRF2JGIY2FBN24HWHM.png</image>
      <pubDate>Fri, 06 Mar 2026 10:36:13 GMT</pubDate>
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      <title>Downgrading Ratings for Six Wide-Moat Software Companies on AI Concerns</title>
      <description>Our update on select stocks from the technology sector.</description>
      <link>https://www.morningstar.co.uk/uk/news/274264/downgrading-ratings-for-six-wide-moat-software-companies-on-ai-concerns.aspx</link>
      <author>Dan Romanoff, CPA</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/75WQTEREAZE2LO2AYCCO7ZQY3A.png</image>
      <pubDate>Thu, 05 Mar 2026 22:55:53 GMT</pubDate>
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      <title>Admiral Earnings: Operational Excellence Drives Double-Digit Pretax Profit Rise</title>
      <description>We think Admiral Group stock is moderately undervalued.</description>
      <link>https://www.morningstar.co.uk/uk/news/274256/admiral-earnings-operational-excellence-drives-double-digit-pretax-profit-rise.aspx</link>
      <author>Henry Heathfield</author>
      <image>https://cloudfront-us-east-1.images.arcpublishing.com/morningstar/OYORYOWNOVFABFCQ5NQI75FAUM.png</image>
      <pubDate>Thu, 05 Mar 2026 16:55:26 GMT</pubDate>
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