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Stock Market & Financial Investment News

News Breaks
March 8, 2014
19:07 EDTTV, AMXMexico regulators look to boost competition in broadcast, telephone, WSJ says
Mexico's Federal Telecommunications Institute, or IFT ruled that Grupo Televisa (TV) the country's leading broadcaster, is "dominant" in the broadcast market, says the Wall Street Journal. America Movil (AMX) confirmed that Carlos Slim's telephone companies were also declared "dominant" by the regulator. The decisions allow the regulator to impose regulations to "level the playing field," the Wall Street Journal continued. Reference Link
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August 31, 2014
19:28 EDTAMXAmerica Movil to sell assets to appease Mexican regulators, Bloomberg says
In order to abide by anti-trust regulations in Mexico, America Movil (AMX, AMOV) has hired Bank of America to sell some assets, says Bloomberg. Potential buyers of the assets include AT&T (T) and SoftBank (SFTBF), added Bloomberg. Reference Link
13:57 EDTAMXDeutsche Bank to hold a conference
Global Emerging Markets 1:1 Conference to be held in New York on September 3-5.
August 19, 2014
08:31 EDTTVGrupo Televisa price target raised to $45 from $40 at Maxim
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