|Bid||31.81 x 27500|
|Ask||31.88 x 70600|
|Day's Range||31.09 - 32.04|
|52 Week Range||26.31 - 34.46|
|PE Ratio (TTM)||18.50|
|Earnings Date||Oct 19, 2015 - Oct 23, 2015|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.49|
For over a year now, Mexico has faced criticism from Trump for various reasons. He still wants to build his well between the United States and Mexico.
As many as 10 companies could list on Mexico's stock exchange by the end of 2017, sources from the exchange said, potentially marking a record year ahead of slower expected activity in 2018 due to Mexico's elections. Since January, four companies have listed in Mexico, raising a combined $2.1 billion in initial public offerings (IPOs). In addition, Sigma Alimentos, a unit of industrial conglomerate Grupo Alfa, and Traxion, a transportation company controlled by private equity funds Nexxus and Discovery Americas, this week confirmed their IPOs.
Mexican mining conglomerate Grupo Mexico has resumed plans to list its transportation division, including its Ferromex railroad operator, on Mexico's stock exchange, four sources with knowledge of the ...
Mexico's new, second stock exchange BIVA aims to be operating by the start of next year, as it bids to capture part of the existing market in Latin America's No. 2 economy and entice more companies to issue stock, the new exchange's president said on Monday. The Institutional Stock Exchange, known by its Spanish acronym BIVA, is set to formally receive its operating license at an event in Mexico City on Tuesday. It will compete with the Mexican Stock Exchange, or BMV.
Mexico's stock exchange said on Monday that it suspended trading in shares of construction company ICA, as the firm has not met the deadline for presenting its financial earnings for the second quarter ...
Wal-Mart de Mexico on Thursday said net profit in the second quarter more that doubled due to the sale of clothing chain Suburbia to department store and shopping mall operator El Puerto De Liverpool . The company, Mexico's biggest retailer, said in a report to Mexico's bourse that net profit rose 118 percent to 13.5 billion pesos ($743 million) over the three-month period. The result was more than double the net profit expected in a Reuters poll of six analysts, the average of which was nearly 6.6 billion pesos.
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.
Jack Ablin, said Mexico could be the go to play for investors concerned with discord in the White House and the struggles of the Republican congress to pass legislation.
REDWOOD CITY, Calif. and MEXICO CITY, April 4, 2017 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced that the Mexican Stock Exchange (BMV Group) is the first Latin American exchange to deploy a Point-of-Presence (POP) in the Equinix NY5 International Business Exchange™ (IBX®) data center, located in Secaucus, NJ. The Mexican Stock Exchange's new Point-of-Presence supports the company's regional strategic position to further expand its global presence, and it encompasses a new channel to interconnect with the existing ecosystem of financial market participants operating within Equinix's NY5 hub.
The initial public offering for tequila maker Jose Cuervo is at least four times oversubscribed, four sources said on Wednesday, pointing to a high-end pricing for the first Mexican IPO since Donald Trump won the U.S. presidency. Two of the sources, who spoke on condition of anonymity, said pricing of the 476.6 million share offer was expected to be at the upper end of the 30 to 34 peso guidance range.
BM&FBovespa SA, Latin America's largest financial bourse, has agreed to buy 8.59 percent of Peruvian peer Bolsa de Valores de Lima SA for about 49 million reais , the latest effort to increase ties with ...
Santander Mexico will invest more than 15 billion pesos ($736 million) over the next three years to modernize its bank branches and explore new businesses, Hector Grisi, president of the Mexican unit of Spain's Banco Santander SA, said on Thursday. "This is the biggest investment that Santander has made since it came to Mexico," Grisi said. In a statement to Mexico's stock exchange, the company said it would use the investments to update systems and infrastructure, including its digital platforms and ATMs.