New User:

-or-
Username:
Password:
Forgot your password?

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
Check below for free stories on AMX;NYT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 21, 2014
10:02 EDTAMXOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:49 EDTAMXAmerica Movil downgraded to Underweight from Equal Weight at Morgan Stanley
Subscribe for More Information
July 20, 2014
14:47 EDTAMXAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
Subscribe for More Information
July 18, 2014
05:08 EDTAMXAmerica 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 EDTAMXVodafone head says unlikely interested in America Movil assets, Reuters says
Subscribe for More Information
July 15, 2014
07:21 EDTAMXAmerica 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
July 11, 2014
11:02 EDTNYTNew York Times Q2 finished below guidance, says Jefferies
Jefferies earlier today said that based on its daily tracking of ad pages, New York Times finished below guidance in Q2 and its Q3 is off to a slow start. Citing weakness in several key categories, Jefferies lowered its Q2 and Q3 advertising estimates for New York Times to down 6.8% and down 5.1% from down 4.1% and down 3.1%. The firm kept a Hold rating on the stock with a $15 price target. Shares of New York Times are trading down 5%, or 67c, to $14.13 in morning trading.
July 10, 2014
06:18 EDTAMXAmerica Movil seeks single buyer for up to 17% of assets up for sale, FT says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use