|Bid||23.15 x 140000|
|Ask||23.25 x 263600|
|Day's Range||22.30 - 23.80|
|52 Week Range||18.60 - 28.60|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 23, 2018 - Apr 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.94|
The chief financial officer of Mexican conglomerate Alfa, Ramon Leal, will leave the firm effective March 31 after an investigation by the country's banking regulator, the company said in a statement on Friday. An investigation by regulator CNBV fined Leal 195,018 pesos ($10,349) in January for "making trades with privileged information" in 2011. "His decision... is due to the investigation by the national banking and securities commission with respect to operations arranged in relation to shares of the company," the statement said.
The chief financial officer of Mexican conglomerate Alfa was fined 195,018 pesos in January for breaking insider trading laws, government data showed. Ramon Alberto Leal Chapa was fined on January 11 for ...
Mexican markets held steady on Tuesday, with investors awaiting U.S. inflation data that could shine a light on the possible next steps of the U.S. Federal Reserve Bank's monetary policy and future appetite ...
Moody's Investors Service (Moody's) has today affirmed Alfa, S.A.B. de C.V.'s (Alfa) Baa3 senior unsecured ratings. The rating outlook is stable. The rating of the notes incorporates the structural subordination ...
Mexican conglomerate Alfa, which competes in industries from food packaging to car parts to petrochemicals, on Monday reported a 590 million peso net loss for the fourth quarter. The company narrowed its ...
Mexican conglomerate Alfa on Monday reported a near 6 billion peso third-quarter loss and cut its earnings guidance for 2017, amid financial troubles at a client of its petrochemicals unit Alpek. Alfa said on a conference call on Monday that it cut its guidance for full-year 2017 earnings before interest, tax, depreciation and amortization to $2 billion from $2.15 billion. In September, Alfa canceled the initial public offering of its processed food unit Sigma.
Mexican conglomerate Alfa on Monday cut its guidance for 2017 earnings before interest, tax, depreciation and amortization to $2 billion, down from a previous forecast of $2.15 billion.
Mexican conglomerate Alfa on Monday reported a 5.94 billion peso net loss in the third quarter, hit by financial troubles at a client of its petrochemical unit Alpek. The company loss compared to a net ...
Mexican conglomerate Alfa said on Wednesday that it would not go ahead with the initial public offering (IPO) of its processed food unit Sigma. The book on the offering was set to close on Wednesday, but although it was oversubscribed, the price obtained was not within the established range, the company said in a filing to the stock exchange.
Mexico's Sigma Alimentos, a unit of conglomerate Alfa, said on Wednesday it aims to raise up to 18.53 billion pesos ($1.04 billion) in its IPO later this month, pricing its shares at between 23 and 29 pesos. Sigma has said it aims to place up to 15 percent of its equity, and in its latest prospectus said it expected to register its shares on the exchange on Sept. 28, a week later than the company had previously indicated.
Mexican conglomerate Alfa on Wednesday posted a 68 percent year-on-year surge in net profit for the second quarter, citing increased sales and a more favorable exchange rate. The company, which manufactures car parts, petrochemicals and other products, said in a report to Mexico's bourse that it earned 1.37 billion pesos ($75.6 million) in net profit over the three-month period. In recent quarters, Alfa's results have been undercut by the peso currency's volatility.
Mexican conglomerate Alfa on Wednesday reported a 68 percent year-on-year surge in its net profit in the second quarter, on the back of increased sales and a more favorable exchange rate. The company, ...
Mexico's Axtel, the telephone unit of conglomerate Alfa, on Tuesday said it had reached a deal to sell towers to a subsidiary of American Tower Corp for $56 million. Axtel said in a filing with the Mexican exchange that it had reached a deal with MATC Digital to sell the American Tower unit 142 phone towers in a deal seen closing this year. Axtel also agreed to rent the towers for 15 years, the statement said.
Mexico's Sigma Alimentos, a unit of conglomerate Alfa, said on Wednesday that it has acquired Sociedad Suizo Peruana de Embutidos , a firm which produces and sells cold meat and dairy products in Peru, ...
Yields on Brazilian interest rate future contracts fell on Friday after economic activity expanded slightly below expectations in April, supporting bets that the central bank will next month slash rates ...
American investment has stayed steady in a Mexican state that was one of the first to suffer at the hands of U.S. President Donald Trump's drive to bring back jobs from Mexico, the region's economy minister said on Thursday. Just a few weeks after his election in November, Trump announced he had struck a deal to stop about 1,000 jobs at U.S. manufacturer Carrier from being moved to its Mexican operations in the industrial state of Nuevo Leon, which borders Texas. Soon afterward, carmaker Ford canceled a planned $1.6 billion plant in central Mexico, causing widespread alarm that Trump's interventions and threats to tear up the NAFTA trade agreement would lead to a collapse in investment in Mexico.
Mexican conglomerate Alfa posted a 22 percent rise in its first-quarter net profit on Monday, falling short of market expectations during a period of high volatility for the peso currency at the start of Donald Trump's administration. After slumping to record lows after Trump's surprise U.S. presidential election victory, the peso eventually gained 9 percent against the dollar during the first quarter. Alfa's food unit Sigma and petrochemical arm Alpek both had to pay more for materials purchased in dollars, while Sigma's earnings suffered as it sells goods in pesos, the company said.
Mexican conglomerate Alfa on Monday posted a first-quarter net profit of 3.1 billion pesos ($166 million) on currency exchange gains from foreign-denominated debt as the peso strengthened against the dollar during the quarter. The result came in below the mean market estimate of 4.785 billion pesos, according to Thomson Reuters I/B/E/S. Net profit at the Monterrey-based autoparts, petrochemicals and processed meats conglomerate was up 22 percent compared to the same period in 2016 when it stood at 2.5 billion pesos.
Mexican autoparts, petrochemicals and processed meats conglomerate Alfa on Monday posted a first-quarter net profit of 3.1 billion pesos .
Rating Action: Moody's upgrades Campofrio to Ba2; outlook positive from stable. Global Credit Research- 22 Mar 2017. London, 22 March 2017-- Moody's Investors Service, has today upgraded Campofrio Food ...