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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 21, 2014
10:02 EDTAMX, AMOVOn The Fly: Analyst Downgrade Summary
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05:49 EDTAMOV, AMXAmerica Movil downgraded to Underweight from Equal Weight at Morgan Stanley
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July 20, 2014
14:47 EDTAMOV, AMXAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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July 18, 2014
05:08 EDTAMOV, AMXAmerica Movil upgraded to Equal Weight from Underweight at Barclays
Barclays upgraded America Movil to Equal Weight citing improved visibility on carrier plans to address regulations. The firm raised its price target for shares to $24 from $20.50.
July 16, 2014
07:18 EDTAMOV, AMXVodafone head says unlikely interested in America Movil assets, Reuters says
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July 15, 2014
07:21 EDTAMX, 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

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