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Stock Market & Financial Investment News

News Breaks
June 25, 2014
18:25 EDTAMOVAmerica Movil forms committee to evaluate options in Mexico, Bloomberg says
Mobile-phone company America Movil has created a committee to study strategic options in the wake of regulatory changes in Mexico, according to Bloomberg. Reference Link
News For AMOV From The Last 14 Days
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October 16, 2014
10:45 EDTAMOVAmerica Movil Brazil sales increase 'considerably,' Bloomberg says
Since combining its cable, mobile-phone and landline businesses, America Movil Brazil sales are growing "considerably" said the head of the division Carlos Zenteno, Bloomberg reports. An increase in its Brazil business will help the company compensate for narrowing profit margins in Mexico, added Bloomberg. Reference Link
October 7, 2014
11:43 EDTAMOVAmerica Movil could divest assets apart from eastern Mexico, Bloomberg says
America Movil CEO Carlos Slim said that the company could sell some of its assets apart from Mexico's eastern coast in an effort for the firm to go after a breakup that agrees with new regulations, according to Bloomberg, citing comments from Slim. Slim said that the company has been in discussions to divest assets to the west coast and the country's border. Reference Link
10:08 EDTAMOVCarlos Slim says bankers working on America Movil split, Bloomberg reports
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