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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 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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