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Stock Market & Financial Investment News

News Breaks
July 16, 2014
07:18 EDTVOD, AMX, AMOVVodafone head says unlikely interested in America Movil assets, Reuters says
Vodafone (VOD) CEO Vittorio Colao said the company is unlikely to want telecom assets being put up for sale in Mexico by Carlos Slim's America Movil (AMX, AMOV) since an agreement would not correlate with its focus on the corporate market in Latin America, according to Reuters citing comments from Calao. Colao said, "I have to put my money into India, into Europe and into Africa. That is where the money is going." Reference Link
News For VOD;AMX;AMOV From The Last 14 Days
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October 24, 2014
09:36 EDTVODActive equity options trading on open
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08:53 EDTVODVodafone rumored to prepare bid for TalkTalk, Daily Mail says
Rumors have circulated among U.K. trading desks that Vodafone is lining up a cash bid worth GBP4.3B for TalkTalk Telecom, according to The Daily Mail's "This is Money." Shares of Vodafone trading in New York are up over 2% in the pre-market session following the report. Reference Link
October 22, 2014
06:36 EDTAMX, AMOVIFT says America Movil has yet to file asset divesture strategy, Reuters says
The Federal Telecommunications Institute, Mexico's telecommunications regulator, said that it still has not been given a detailed strategy from America Movil that would describe how the company plans to divest assets to cut its market share, according to Reuters, citing comments from the head of IFT Gabriel Contreras. Reference Link
October 21, 2014
06:46 EDTAMX, AMOVAmerica Movil now owns nearly 60% of Telekom Austria, Reuters says
America Movil (AMX, AMOV) purchased an extra 8.68% stake in Telekom Austria (TKAGY), which now brings Carlos Slim's share in the company to approximately 60%, according to Reuters, citing a statement from Mexico's stock exchange. Reference Link
October 20, 2014
09:36 EDTVODActive equity options trading on open
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October 16, 2014
10:45 EDTAMOV, AMXAmerica Movil Brazil sales increase 'considerably,' Bloomberg says
Since combining its cable, mobile-phone and landline businesses, America Movil Brazil sales are growing "considerably" said the head of the division Carlos Zenteno, Bloomberg reports. An increase in its Brazil business will help the company compensate for narrowing profit margins in Mexico, added Bloomberg. Reference Link
October 15, 2014
07:22 EDTVODVodafone Italian head does not see Fastweb agreement terms, Reuters says
Vodafone's Italian head Aldo Bisio said that he does not see agreement terms for company to purchase Fastweb at this time, according to Reuters, citing comments from Bisio. Reference Link
October 14, 2014
05:23 EDTVODVodafone initiated with a Buy at Deutsche Bank
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October 13, 2014
06:44 EDTAMXAmerica Movil downgraded Sell from Neutral at Citigroup (last week)
Citigroup downgraded America Movil last Thursday to Sell citing the 20% share gain since August and tougher regulations in Mexico. Citi lowered its price target for the stock to $22.30 from $23.70.

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