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Stock Market & Financial Investment News

News Breaks
July 15, 2014
07:21 EDTAMX, TKAGY, AMOVAmerica Mobile aims to own over half of Telekom Austria, Reuters says
America Movil (AMX, AMOV) said it aims to own just over half of Telekom Austria (TKAGY) in a $1B buyout bid, giving chairman Carlos Slim a foundation to boost his presence in European telecoms, according to Reuters, citing comments from Slim. America Movil already owns close to 27% of Telekom Austria and is looking to gain an additional 23.47% of the firm's shares. Reference Link
News For AMX;AMOV;TKAGY From The Last 14 Days
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January 28, 2015
13:04 EDTAMOV, AMXAmerica Movil unit TracFone to Pay $40M to settle FTC charges
America Movil unit TracFone has agreed to pay $40M the Federal Trade Commission to settle charges that it deceived millions of consumers with hollow promises of “unlimited” data service. Reference Link
12:20 EDTAMOV, AMXAmerica Movil unit throttling case settled for $40M, Bloomberg says

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