|Bid||15.28 x 2180000|
|Ask||15.29 x 460000|
|Day's Range||15.25 - 15.34|
|52 Week Range||12.32 - 15.78|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||16.58|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||0.34 (2.23%)|
|1y Target Est||17.38|
America Movil, Mexico's largest telecommunications company, said on Wednesday it was open to discussing a deal with Oi SA, amid speculation that the Brazilian telecom carrier is in talks to sell its assets. "Of course we are interested in doing something with Oi in Brazil," an America Movil executive said on the company's third-quarter earnings call. Oi may consider selling its mobile operation if it gets attractive offers, Chief Operating Officer Rodrigo Abreu told Reuters earlier this month.
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018 as investors first worried over the possible ramifications of rising interest rates and the escalation of the trade war with China. The hedge funds and institutional investors we track […]
Mexican telecommunications firm America Movil is not negotiating with Spain's Telefonica SA and Telecom Italia SpA about making a joint bid for assets of Brazilian telecoms firm Oi SA, a company spokesman said on Monday. "Absolutely nothing has been negotiated," Arturo Elias Ayub, America Movil's director of communications said. Asked whether America Movil, which is controlled by Mexican tycoon Carlos Slim, would consider making a bid for Oi holdings, Elias said the company would need to make a careful analysis of the assets in terms of prices and locations.
America Movil, the telecoms giant controlled by the family of billionaire Carlos Slim, is growing increasingly bullish that it will receive a license to offer television in Mexico, a prize that has eluded it for nearly three decades. America Movil offers TV in markets across Latin America, but the company has been barred from providing the service in its native Mexico since the privatization of state telecom firm Telmex in the early 1990s, which gave rise to the industry juggernaut. Last October, an America Movil subsidiary filed a request for a pay TV license with Mexico's Federal Telecommunications Institute (IFT).
MIAMI , Sept. 16, 2019 /PRNewswire/ -- Nuestra Vision, a Spanish language TV network who offers 100% Mexican premium programming to Mexican, Mexican-American and Hispanic audiences living in the US, continues ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of America Movil, S.A.B. de C.V. New York, September 13, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of America Movil, S.A.B. de C.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The old saying goes: When America sneezes, the world catches a cold. As the world's largest importer - and holder of its largest trade deficit by a country mile - the United States is the planet's indispensable economy. And emerging-markets stocks, with their dependence on foreign capital and high concentration in cyclical and commodity sectors, are particularly vulnerable to weakness in the U.S.There's nothing quite like a good trade war to give investors the jitters. But it's not just the ongoing spat between Presidents Donald Trump and Xi Jinping that has investors unnerved. U.S. economic growth appears to be topping out for this cycle, and issues in the American market have a way of spilling across borders.When western investors go into de-risking mode, they tend to throw out the baby with the bathwater, dumping high-quality emerging-markets stocks in a flight to cash. But in doing so, they often create fantastic buying opportunities.Jeremy Grantham and his colleagues at Boston-based asset manager GMO are not known for being wide-eyed Pollyannas. They're sober value investors best known for calling the last two major bear markets in 2000 and 2008. Perhaps not surprisingly, Grantham & Co. see U.S. stocks performing poorly over the next seven years, losing 3.7% per year. But interestingly, GMO expects emerging-markets stocks to return 5.2% per year over the next seven years. Even more interestingly, they see EM value stocks returning 9.8% per year.Today, we're going to look at 10 strong emerging-markets stocks that might give you a bit of heartburn, but ultimately should weather the trade war and reward new money. Most depend heavily on domestic EM consumers rather than on exports or trade flows, and all should be considered potential buys on any weakness in the coming months. SEE ALSO: The Berkshire Hathaway Portfolio: All 47 Buffett Stocks Explained
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Rivoli Reinsurance Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Before we spend days researching a stock idea we like to take a look at how hedge funds and billionaire investors recently traded that stock. The S&P 500 Index ETF (SPY) lost 2.6% in the first two months of the second quarter. Ten out of 11 industry groups in the S&P 500 Index lost value […]
Moody's Investors Service ("Moody's") today assigned an A3 rating to America Movil, S.A.B. de C.V.'s new EUR1.0 billion senior unsecured notes due 2027. The notes will rank equally in right of payment with all other unsecured and unsubordinated debt obligations of America Movil. Proceeds from the notes will be used for the repayment of outstanding indebtedness.
Moody's Investors Service (Moody's) comments that the ratings and outlooks of America Movil, S.A.B. de C.V. (A3 stable) and Telefonos de Mexico, S.A.B. de C.V. (Telmex, Baa1 stable) are not affected by the change in the Mexico, Government of's (Mexico) outlook to negative on June 5, 2019. For further information, please see the Issuer Comment dated June 6, 2019 and posted on www.moodys.com.
U.S. President Donald Trump announced a 5-percent tariff on all goods coming from Mexico, demanding the country curb illegal immigration into the U.S. Trump has long accused Mexico of not doing enough ...
Mexican billionaire Carlos Slim said on Thursday that Mexico's government is being very careful with the budget, saying the budget was "reasonable", and said the country needs a lot of private ...
El Salvador's competition authority has rejected Mexican telecoms firm America Movil's bid to acquire a local unit of Telefonica, but the company controlled by the family of billionaire Carlos Slim vowed to try again. In January, Spain's Telefonica reached a deal to sell operations in Guatemala and El Salvador to America Movil. In a statement on Tuesday, the Superintendence of Competition (SC) said the bid by America Movil, which is controlled by the Slim family, was "inadmissible" and that the company had been informed of the decision dated April 29.