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America Movil SAB De CV (ADR)(NYSE:AMX) Posts Unwanted Earnings

Boston, MA 10/30/2013 (wallstreetpr) – The Mexico-based telecoms company America Movil SAB De CV (ADR)(NYSE:AMX) reported its Q3.13 on October 28, posting disappointing results.  The company’s per share earnings came in at $0.35, missing analysts’ prediction of $0.49 and deteriorating 41.7% from $0.61 per share a year ago. The company however realized marginal growth in its […]

The Drama Of America Movil SAB de CV (ADR) (NYSE:AMX) And KPN Deal

Boston, MA 10/23/2013 (wallstreetpr) – America Movil SAB de CV (ADR) (NYSE:AMX) was on route to ink a deal with KPN to buy out their Deutschland unit. However due to a disagreement between the companies on the price after a week of intense negotiations, AMX called off the deal. The aftermath of this was a further […]

America Movil SAB de CV (ADR) (NYSE:AMX) – Rangebound Within $18-$23

Boston, MA 10/17/2013 (wallstreetpr) – America Movil SAB de CV (ADR) (NYSE:AMX) (Closed: $21.75, Up: 4.22%) remained absolutely flat till the midsession on Wednesday, when the news about the company withdrawing its bid for Koninklijke KPN N.V. (ADR) (OTCMKTS:KKPNY) came. The stock promptly jumped but faced selling pressure at the higher levels to close a bit […]

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