• Barrons.com2 days ago

    Coke Brazil Purchase 'Unexpected,' Market Cheers

    Mexico-based beverage bottler Coca-Cola Femsa (KOF) said Friday that it would spend more than $1 billion to acquire Vonpar, one of Brazil's largest Coke bottlers, in a complementary but potentially ill-timed deal, Citigroup says. The market liked the move: shares of Coca-Cola Femsa, which is the largest public Coke-product bottler in the world based on sales, rose 2% Friday, bringing their increase this year to nearly 9%, while iShares MSCI Mexico Capped exchange-traded fund (EWW) fell 1.5% Friday. The Mexico ETF is down nearly 4% this year.

  • Barrons.com3 days ago

    Mexico ETF & Peso Slip On Weak Sales Data

    The iShares MSCI Mexico Capped exchange-traded fund (EWW) was down 1.3% today on weak sales data, while the iShares MSCI Emerging Markets ETF (EEM) was down 0.9%. The peso was weaker by 0.7% against the ...

  • Barrons.com3 days ago

    6 Must-Reads As Emerging Market ETF Hits 52-Week High

    The iShares MSCI Emerging Merkets exchange-traded fund (EEM) reached a new 52-week high Thursday after the Fed's inaction helped investors sigh in relief. The fund, up 4.4% this week, is now up 18.4% this ...