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Stock Market & Financial Investment News

News Breaks
February 20, 2014
06:35 EDTAMX, NYTSlim to exercise NY Times Co. warrants this year, Bloomberg reports
Carlos Slim (AMX), the Mexican billionaire, plans to exercise warrants by year's end that will more than double his stake in the New York Times Co. (NYT) to as much as 19%, sources say, reports Bloomberg. Slim owns stock warrants giving him the right to buy 15.9M Times Co. shares at $6.36 apiece, about less than half their market value now. A source said when he exercises the warrants, he will hold on to the stake.Reference Link
News For AMX;NYT From The Last 14 Days
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December 17, 2014
07:20 EDTNYTCapital Link to hold a forum
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December 15, 2014
15:18 EDTNYTNew York Times management to meet with Evercore ISI
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06:13 EDTNYTNew York Times announces collaboration agreement with Women in the World
New York Times and Women in the World announced that they will join forces and enter into a multi-year agreement to collaborate on the production of the Women in the World Summit series. The Times Company will create and launch a new digital platform for Women in the World, tied to NYTimes.com. The Times will also invest in Women in the World and take on the role of selling sponsorships and advertising for the Women in the World events and digital.
December 12, 2014
07:18 EDTNYTCato Institute holds a conference
2014 Cato Institute Surveillance Conference is being held in Washington, D.C. on December 12 with webcasted presentations to begin at 9 am. Webcast Link
December 11, 2014
07:49 EDTNYTThe New York Times to hold a conference
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December 10, 2014
15:19 EDTAMXTelefonica, Oi, Claro to offer $15B for Tim Participacoes, Bloomberg says
Telefonica (TEF), Oi SA (OIBR), and America Movil (AMX, AMOV) owned Claro plan to team up on a takeover bid for Tim Participacoes (TSU) that would value it at about $15B, said Bloomberg, citing people with knowledge of the matter. Telecom Italia (TI), which owns 67% of Brazilís Tim Participacoes, believes Tim should be valued at about $25B or more, including debt, according to a person familiar with the matter, the report noted. Shares of Tim trading in New York are up about 6.6% to $23.69 in afternoon trading after rising as high as $26.54 immediately following the headlines from Bloomberg's report. Reference Link
December 9, 2014
07:32 EDTNYTUBS to hold a conference
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