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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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July 23, 2015
06:56 EDTAMOV, AMXAmerica Movil downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded America Movil (AMX) to Underweight saying competition coming from AT&T (T) will drive Mexican margins lower. The firm cut its price target for shares to $17.50 from $20.50.
July 20, 2015
06:31 EDTAMOV, AMXAmerica Movil's tower spinoff slated for Q3, Reuters reports
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July 16, 2015
19:41 EDTAMOV, AMXAmerica Movil CEO pledges $6B investment in Mexican network, Reuters says
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