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Stock Market & Financial Investment News

News Breaks
February 14, 2013
06:25 EDTAMX, AMOVAmerica Movil shares fall, Sim loses $3.8B of his net worth, Bloomberg reports
American Movil's (AMX, AMOV) Carlos Slim, the world’s richest man at $74.2B, lost $3.8B from his net worth yesterday as shares of the company fell 10% after the mobile phone operator said slower economic growth in Mexico hurt revenue, reports Bloomberg. The shares had their biggest decline since April 2008. Reference Link
News For AMX;AMOV From The Last 14 Days
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August 31, 2014
19:28 EDTAMOV, AMXAmerica Movil to sell assets to appease Mexican regulators, Bloomberg says
In order to abide by anti-trust regulations in Mexico, America Movil (AMX, AMOV) has hired Bank of America to sell some assets, says Bloomberg. Potential buyers of the assets include AT&T (T) and SoftBank (SFTBF), added Bloomberg. Reference Link
13:57 EDTAMXDeutsche Bank to hold a conference
Global Emerging Markets 1:1 Conference to be held in New York on September 3-5.

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