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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 31, 2014
08:32 EDTAMX, AMOVAmerica Movil units, Oi near deal to buy Tim Participacoes, Folha reports
America Movil (AMX, AMOV) units Claro and Vivo and Oi S.A. (OIBR) have agreed to buy Tim Participacoes (TSU), the Brazilian subsidiary of Telecom Italia (TI), said Folha de Sao Paulo, which added that while the value of the deal is not finalized it may reach $13B. Under the agreement, Claro should own 40% of TIM, and the other 60% will be split between Vivo and Oi, Folha said. The report also said key shareholders, such as Vivendi (VIVHY), are likely to accept. Reference Link
October 30, 2014
12:49 EDTAMOV, AMXAmerica Movil wireless assets eyed by Japanís SoftBank, WSJ says
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12:37 EDTAMX, AMOVAmerica Movil wireless assets being considered by Softbank, DJ says
October 27, 2014
07:07 EDTAMX, AMOVAmerica Movil risk/reward attractive, says Macquarie
Macquarie said America Movil's risk/reward has improved with the pullback and reiterates its Outperform rating and $26.50 price target.
06:26 EDTAMOV, AMXAmerica Movil expects to complete mobile towers spinoff in 2Q15, WSJ reports
America Movil expects that the spinoff of its mobile towers in Mexico will be completed by the beginning of 2Q15, the Wall Street Journal reports, citing comments made by CEO Daniel Hajj. Reference Link
October 26, 2014
18:59 EDTVODVodafone's Ono acquisition tainted by tax fraud claims, Telegraph says
Britian's Vodafone and Spanish authorities have begun an investigation into allegations of tax fraud at the Spanish cable operator Grupo Corporativo Ono that Vodafone purchased in July for GBP6B, says the Telegraph. Reference Link
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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