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Stock Market & Financial Investment News

News Breaks
November 21, 2012
09:34 EDTICAEmpresas ICA downgraded to Neutral from Buy at UBS
News For ICA From The Last 14 Days
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February 9, 2016
07:08 EDTICAEmpresas ICA signs agreement with EXI-CK
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February 8, 2016
19:04 EDTICAEmpresas ICA receives notice of non-compliance from NYSE
Empresas ICA announced that on January 8, 2016 it received notice from the New York Stock Exchange that ICA is no longer in compliance with the NYSE's continued listing standards because the average closing price of ICA's American Depositary Shares, or ADSs, over a consecutive 30 trading-day period was less than $1.00 per share. Under NYSE rules, ICA has six months following receipt of the notice to comply with the minimum share price requirement. ICA has notified the NYSE of its intention to cure this deficiency within the prescribed timeframe. During the six-month cure period, the company's ADSs will continue to be listed and trade on the NYSE. The company's business operations are not affected by the receipt of this NYSE notice.
February 7, 2016
19:24 EDTICAEmpresas ICA CEO resisting pressure to step down, Reuters says
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February 3, 2016
05:10 EDTICAEmpresas ICA confirms sale of OMA shares pledged as collateral
Empresas ICA (ICA) confirmed that Deutsche Securities, S.A. de C.V., Casa de Bolsa foreclosed on collateral in the form of OMA Series B shares pledged to secure a loan to ICA's wholly-owned subsidiary, Aeroinvest, after a Mexican federal judge granted Deutsche Bank (DB) a suspension of the injunctions sought by ICA related to the pledged shares. In connection with the foreclosure on the pledged shares, Deutsche Bank sold a total of 33,162,600 OMA Series B shares, representing 8.29 % of OMA's equity capital in the form of Series B and Series BB shares. Excluding the shares referenced above, ICA holds a 17.23 % ownership interest in OMA in the form of Series B and Series BB shares, directly and indirectly, through Aeroinvest and SETA. ICA is not in default under any other loan agreement subject to a pledge of OMA shares.

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