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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
News For TV;AMX From The Last 14 Days
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July 21, 2014
10:02 EDTAMXOn The Fly: Analyst Downgrade Summary
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05:49 EDTAMXAmerica Movil downgraded to Underweight from Equal Weight at Morgan Stanley
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July 20, 2014
14:47 EDTAMXAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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July 18, 2014
05:08 EDTAMXAmerica 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.
July 16, 2014
07:18 EDTAMXVodafone head says unlikely interested in America Movil assets, Reuters says
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July 15, 2014
07:21 EDTAMXAmerica Mobile aims to own over half of Telekom Austria, Reuters says
America Movil (AMX, AMOV) said it aims to own just over half of Telekom Austria (TKAGY) in a $1B buyout bid, giving chairman Carlos Slim a foundation to boost his presence in European telecoms, according to Reuters, citing comments from Slim. America Movil already owns close to 27% of Telekom Austria and is looking to gain an additional 23.47% of the firm's shares. Reference Link

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