|Bid||19.22 x 140000|
|Ask||19.23 x 263600|
|Day's Range||18.65 - 19.84|
|52 Week Range||18.65 - 25.54|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||7.40|
|Earnings Date||Jul 16, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||0.77 (3.76%)|
|1y Target Est||27.51|
Shares of Mexican conglomerate Alfa fell more than 3 percent in early trading on Wednesday after the company on Tuesday afternoon posted a steep drop in first quarter net profit. The company, which operates ...
Mexican conglomerate Alfa posted a 64.5 percent fall in first quarter net profit on Tuesday, hit by higher financial costs and weaker performance in nearly every segment. The company, which operates in the food packaging, car parts, petrochemicals and energy industries, said profit in the January-March period was 1.26 billion pesos ($65 million), compared with 3.55 billion pesos in the year-earlier quarter. Sales at the petrochemicals unit grew 10 percent due to its acquisition last year of Brazilian petrochemical companies Suape and Citepe.
Mexican conglomerate Alfa posted a 64.5 percent fall in first quarter net profit compared to the same period a year earlier, results published by the company showed on Tuesday. The company, which operates ...
Mexican petrochemical company Alpek, a unit of conglomerate Alfa, said on Wednesday it had agreed to purchase a PET recycling plant in Richmond, Indiana from Perpetual Recycling Solutions, LLC. The transaction ...
Moody's Investors Service (Moody's) affirmed Axtel, S.A.B. de C.V.'s (Axtel) Ba3 corporate family rating and senior unsecured rating. Simultaneously, Moody's changed the ratings outlook to stable from negative.
Moody's Investors Service ("Moody's") today affirmed Nemak, S.A.B. de C.V.'s (Nemak) Ba1 senior unsecured and corporate family ratings. At the same time, Moody's changed the ratings outlook to ...
Mexican conglomerate Alfa on Monday reported a third-quarter net profit compared to a loss in the year-earlier quarter, helped by stronger margins in its Alpek petrochemicals unit. Alfa, which also has ...
Mexican conglomerate Alfa reported a third-quarter net profit on Monday compared to a loss in the year-earlier quarter. The company, which has units in industries such as food packaging and car parts, ...
U.S. Commerce Secretary Wilbur Ross sees tens of thousands of jobs flowing back into the U.S. auto sector, especially among suppliers, thanks to the Trump administration's new trade deal with Mexico and Canada, while industry executives and analysts are less upbeat as higher costs could hurt sales. Ross told Bloomberg TV on Monday that "the vast majority" of the 250,000 auto parts jobs lost in the United States would return under the new agreement, which is called the United States-Mexico-Canada Agreement (USMCA).
Auto parts output in Mexico will jump about 10 percent over the next three years as automakers scramble to adhere to stricter content rules laid out in a new North American trade deal, a top industry executive said on Monday. The United States and Canada reached an agreement on Sunday after weeks of tense bilateral talks to update the 1994 North American Free Trade Agreement (NAFTA). Mexico and the United States first brokered a bilateral accord in late August.
The oil and gas fracking boom has lured scores of drillers to the Eagle Ford region of South Texas, the second largest U.S. oil patch, as new production technology opened access to billions more barrels. The play extends across the Mexican border, where its name changes to the Burgos Basin – an equally fertile shale region where the oil and gas sit mostly idle underground in a region terrorized by criminal gangs. Despite an energy-reform push that has aimed to lure investments from foreign oil firms since 2014, only Mexico’s state-run oil firm Pemex has tried fracking the country’s shale reserves, and only experimentally, even as fields that are accessible with traditional drilling methods are drying up.
Mexican petrochemical company Alpek expects to complete in the third quarter the sale of cogeneration power plants valued by analysts at between $600 million and $700 million, CEO Jose de Jesus Valdez ...
Mexican conglomerate Alfa said on Wednesday that its net profit more than doubled in the second quarter compared to the year-earlier period, helped by a record quarter at its petrochemicals unit Alpek. Alfa, which has units in industries such as food packaging and car parts, said net profit was 3.59 billion pesos ($180 million) between April and June, compared to 1.37 billion pesos last year. The results were helped by petrochemicals unit Alpek, which benefited from higher oil and raw materials prices, as well as the consolidation of Brazil's Petroquimica Suape and Citepe, the company said.
Mexican conglomerate Alfa said on Wednesday that its net profit more than doubled in the second quarter compared to the year-earlier period. Alfa, which has units in industries from food packaging to car ...
Moody's Investors Service, ("Moody's") has today withdrawn the Ba2 corporate family rating (CFR) and Ba2-PD probability of default rating (PDR) of Campofrio Food Group, S.A. ("Campofrio"). Today's rating action follows the full repayment of Campofrio's rated debt on 6 April 2018, funded with the proceeds from an intercompany loan provided by its parent company. A full list of affected ratings can be found at the end of this Press Release.