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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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February 4, 2016
08:34 EDTNYTNew York Times sees FY16 CapEx roughly $45M
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08:34 EDTNYTNew York Times sees Q1 circulation revenues to increase from 4Q15
Total advertising revenues in the first quarter of 2016 are expected to decrease between 2%-4% compared with the first quarter of 2015. Operating costs and adjusted operating costs are each expected to increase in low-single digits the first quarter of 2016 compared with the first quarter of 2015.
08:32 EDTNYTNew York Times reports Q4 adjusted EPS 37c, consensus 30c
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07:06 EDTNYTWaste Management to hold a forum
2016 Executive Sustainability Forum is being held in Scottsdale, AZ on February 4.
January 26, 2016
08:19 EDTAMXAmerica Movil upgraded to Overweight from Equal Weight at Morgan Stanley
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