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Stock Market & Financial Investment News

News Breaks
February 13, 2013
14:24 EDTAMXInbursa buys 40M America Movil shares, Reuters reports
Bank Grupo Inbursa, a Carlos Slim-backed financial group, bought 40M shares of America Movil (AMX) on Wednesday following the company's disappointing Q4 results, according to a Reuters report that cites a person close to the operation. Reference Link
News For AMX From The Last 14 Days
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July 23, 2015
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 20, 2015
06:31 EDTAMXAmerica Movil's tower spinoff slated for Q3, Reuters reports
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July 16, 2015
19:41 EDTAMXAmerica Movil CEO pledges $6B investment in Mexican network, Reuters says
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