Carlos Slim's Inmobiliaria Carso discloses $248M purchase of America Movil stock Inmobiliaria Carso reported the purchase of 253,721,620 L shares for an aggregate purchase price of $248M. The funds were obtained from the working capital of Inmobiliaria Carso.
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America 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.