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Stock Market & Financial Investment News

News Breaks
July 9, 2014
06:34 EDTAMX, AMOVMexico feels America Movil proposal could boost competition, Reuters says
Mexico's Transport and Communications Ministry said that America Movil's plan to reduce its share of Mexico's telecommunications market below 50% could boost competition in the industry, according to Reuters, citing a statement from the Ministry. Reference Link
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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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