|Bid||10.05 x 4000|
|Ask||11.22 x 800|
|Day's Range||11.00 - 11.40|
|52 Week Range||10.18 - 21.41|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||19.86|
|Forward Dividend & Yield||0.09 (0.80%)|
|1y Target Est||16.77|
Shares in Mexican broadcaster Televisa plunged the most in more than 17 years on Friday after weak earnings and comments by Co-Chief Executive Alfonso de Angoitia that a spinoff of business units would not benefit shareholders. After the stock market closed on Thursday, Televisa posted an 84 percent drop in net profit for the fourth quarter, citing declines in advertising and losses in other businesses. Televisa's shares have been under pressure for weeks, and in late January hit their lowest level in more than nine years, slipping below 43.60 pesos.
Southeastern Asset Management, the Memphis, Tennessee-based firm founded by Mason Hawkins (Trades, Portfolio) in 1975, disclosed five new positions in its fourth-quarter 2018 portfolio, which was released last week. Warning! GuruFocus has detected 2 Warning Signs with WYNN. Based on these criteria, Southeastern established positions in Wynn Resorts Ltd. (WYNN), PotlatchDeltic Corp. (PCH), DowDuPont Inc. (DWDP), Melco Resorts and Entertainment Ltd. (MLCO) and Grupo Televisa SAB (TV) during the quarter.
Mexican broadcaster Televisa has concluded that a spin-off of business units would not benefit shareholders, the company's co-chief executive said on a call with investors on Friday. "We concluded that a partial or complete separation ... will not produce shareholder value and would have a negative impact on our competitive position," said Alfonso de Angoitia, Televisa's co-chief executive. The company had previously said it was considering spinning off certain business units, in particular its cable unit.
On a per-share basis, the Mexico City-based company said it had profit of 1 cent. The media company posted revenue of $1.35 billion in the period. For the year, the company reported profit of $312.9 million, ...
Mexican broadcaster Televisa reported on Thursday that its fourth-quarter net profit fell about 84 percent from the year-earlier quarter, hampered by weaker advertising revenue and a loss for its secondary businesses. Grupo Televisa, Mexico's largest broadcaster, posted net profit for the quarter ended Dec. 31 of 56.6 million pesos ($2.9 million), down from 343 million pesos a year before. Like other broadcasters worldwide, Televisa has struggled to offset declines in advertising revenue as streaming services gain more viewers.
Mexican broadcaster Televisa on Thursday reported net profit of 56.6 million pesos in the fourth quarter, down about 84 percent from the year-ago quarter. Grupo Televisa, Mexico's largest broadcaster, ...
If you think 2018 was a rough year for American stocks, take a look overseas. Emerging markets were absolutely hammered last year. The iShares MSCI Emerging Markets ETF (EEM), the most widely followed proxy for emerging-markets stocks, finished 2018 down 17%. Many individual developing countries fared even worse. The Xtrackers Harvest SCI 300 China A-Shares ETF (ASHR) - which tracks the performance of China's largest domestically traded shares - lost 29% last year. The iShares MSCI Turkey ETF (TUR) shed 43%. But as we jump into 2019, there are several reasons you might want to give EMs another look. To start, emerging-markets stocks actually were less volatile than American stocks during the wretched final quarter of 2018. Three months isn't a long enough period to draw any firm conclusions, but it's starting to look like investors have already largely abandoned emerging markets and there's "no one left to sell." That could mean a relatively low-risk entry point for an investor looking to allocate new money to emerging markets. Secondly - and perhaps most importantly - emerging markets also are wildly cheap relative to American stocks. Perhaps not surprisingly, the U.S. market is now one of the most expensive in the world, according to estimates by Star Capital, trading at a cyclically adjusted price-to-earnings ratio ("CAPE") of 26.8. To put that in perspective, developed markets as a whole trade at a CAPE of 22.2, while emerging markets as a group trade at a CAPE of just 14.5. Emerging markets can be a roller-coaster ride. The booms can make you wealthy, but the busts can be devastating. So don't overload your portfolio in EM stocks. But at today's prices, it makes sense to have a little skin in the game. With that said, here are five solid emerging-markets stocks to buy in 2019. ### SEE ALSO: 20 Top Stock Picks the Analysts Love for 2019
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.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow over 700 of the best-performing investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish […]
Mexican broadcaster Grupo Televisa's executives said on Friday that a strategic review of company is ongoing, stressing they will only do deals that make sense for shareholders. Televisa has previously ...
Mexican broadcaster Televisa on Thursday reported a 3.6 percent decline in net profit as costs rose, though the company touted an increase in advertising sales that it attributed to its new advertising model. Grupo Televisa, Mexico's largest broadcaster, posted net profit of 978 million pesos ($52.3 million) in the third quarter compared with 1 billion pesos in the same quarter last year. Like broadcasters worldwide, Televisa is seeking to redefine its business as streaming services claim more viewers and cultural relevance.
Mexican broadcaster Televisa on Thursday reported net profit of 978 million pesos in the third quarter, down 3.6 percent from the year-ago quarter, as the company faced higher costs. Grupo Televisa, Mexico's ...
Billionaire Carlos Slim's America Movil and Mexico's state oil firm have become embroiled in a public fight over a government contract after the telecommunications giant filed complaints and a legal challenge, saying it unfairly lost the bid. A rival group, including a unit of Mexican broadcaster Grupo Televisa (TLVACPO.MX), won a contract in June for nearly $36 million to provide internet security services to the oil company known as Pemex (PEMX.UL). America Movil (AMXL.MX) had presented a cheaper offer of roughly $24.5 million, a company spokesman said, and went on to file complaints against Pemex.
The announcement of the United States-Mexico Trade Agreement brought relief to many companies. Due to the North American Free Trade Agreement (NAFTA), many companies in both the United States and Mexico had made substantial cross-border investments. The Trump Administration’s moves to push NAFTA aside stoked fear on both sides of the border.
With the deal, Dolby Laboratories' (DLB) Dolby Cinema experience will likely be first available at Wanying's flagship site in Shenzhen with more locations expected to open in Southeast China in the next two years.
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / Trevali Mining Corporation (NYSE: TV ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 9, 2018 at 10:30:00 AM Eastern ...
Multiple people were injured after an emergency landing by Grupo Aeromexico SAB aircraft but no one died, a state official said, contradicting a report of eight fatalities.
Isaac Lee, the executive who unified the programming at Spanish-broadcasting giants Univision Communications Inc. and Grupo Televisa SAB, is stepping down from his role of content chief for both companies....
Mexican broadcaster Televisa may need five more months to come to a decision about whether to spin off some divisions or keep the company intact. Televisa, the biggest producer of content in Spanish, said on a call discussing its second-quarter results on Tuesday that it is still actively reviewing its corporate structure and will conclude the process before the end of this year. "This is a very important decision for Televisa, and we are taking our time," said Co-Chief Executive Alfonso de Angoitia, who recently succeeded longtime leader Emilio Azcarraga.
Mexican broadcaster and Spanish-language content producer Grupo Televisa said on Tuesday that it was still considering whether to spin off parts of the company and would finish its review this year. The ...