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Stock Market & Financial Investment News

News Breaks
February 20, 2014
06:35 EDTNYT, AMXSlim 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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July 24, 2015
10:39 EDTNYTStarbucks hits 52-week high after results top expectations
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July 23, 2015
11:13 EDTNYTNew York Times becomes Bloomberg's best target after FT sold, Re/code says
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06:56 EDTAMXAmerica 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 21, 2015
17:04 EDTNYTStarbucks and New York Times sign agreement
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July 20, 2015
06:31 EDTAMXAmerica Movil's tower spinoff slated for Q3, Reuters reports
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