|Bid||17.62 x 1100|
|Ask||17.63 x 1400|
|Day's range||17.59 - 17.93|
|52-week range||12.93 - 18.04|
|Beta (5Y monthly)||0.41|
|PE ratio (TTM)||44.03|
|Forward dividend & yield||0.36 (1.98%)|
|Ex-dividend date||06 Nov 2019|
|1y target est||17.85|
America Movil, Mexico's largest telecommunications provider, shed light on its plans to roll out 5G technology in Latin America on Wednesday as the company's shares surged on a strong earnings report. America Movil shares rose as much as 6% to 16.72 pesos, the highest since July 2018. For 2020, America Movil will focus on rolling out 5G technology in Latin America, Chief Executive Daniel Hajj said on a call with analysts.
America Movil (AMX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
NortonLifeLock's (NLOK) Q3 results are likely to reflect growth in bookings. However, higher stranded costs are likely to have kept margins under pressure.
Iridium (IRDM) teams up with Amazon Web Services to deploy its much-acclaimed satellite cloud-based solution, CloudConnect, to enhance the terrestrial coverage of IoT applications among users.
Ribbon Communications (RBBN) unveils Microsoft-certified Next Generation Intelligent Edge portfolio to deliver reliable and secured cloud-based voice and data applications to enterprise customers.
In order to promote healthy competition in the telco market, the Mexican telecom regulator penalizes America Movil (AMX) for anti-competitive practices.
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator. The regulator, the Federal Telecommunications Institute (IFT), said in a statement that it fined the company for failing to share information about the availability of its telecom infrastructure, such as posts, with competitors. America Movil, which has long dominated Mexico's telecoms market, is required to open its infrastructure to industry rivals in order to promote competition.
Motorola (MSI) revamps the communication infrastructure of U.S. critical entities with the introduction of 900 MHz broadband spectrum with seamless voice and data connectivity.
Comtech's (CMTL) Commercial Solutions segment secures a contract for supplying next-gen satellite communications modems and firmware upgrades to the U.S. Navy.
The cloud-based DRaaS system by Motorola (MSI) is likely to offer all-permissive fully functional connectivity to the city residents to enable emergency communication services during disasters.
The search engine is likely to offer Verizon (VZ) an edge over its rivals with greater trust and transparency for unhindered web surfing while safeguarding privacy.
The long-term lease agreement with Zayo (ZAYO) will help DPS to save operating costs for similar Internet connection from third-party service providers.
The maritime service capabilities will allow Iridium (IRDM) to extend critical service to the growing fleet of ships in the waters of the Arctic and Antarctica.
AT&T (T) invests more than $800 million in Kentucky wireless and wired networks to deliver enhanced network coverage, speed and reliability for consumers and business houses.
Verizon (VZ) collaborates with Lake Nona administration to deploy 5G solutions for the region's first autonomous vehicle, Beep, with improved performance, reliability and security.
Zacks.com featured highlights include: Pan American Silver, Arcosa, North American Construction, Am??rica M??vil SAB de CV and Helen of Troy
The partnership seeks to integrate BlackBerry's (BB) QNX real-time operating system with AWS' IoT services in the cloud and in the car to develop a comprehensive edge-to-cloud offering for the global automotive industry.
BlackBerry (BB) teams up with a Canada-based motorcycle company to exhibit the application of advanced warning systems and collision detection alerts in its flagship bike at CES 2020.
Spanish telecoms giant Telefonica has struck a deal to use some of U.S. rival AT&T's infrastructure in Mexico, a move analysts said would better position both to compete with the market's juggernaut, billionaire Carlos Slim's America Movil. Under the agreement announced on Thursday, Telefonica will use AT&T's [TATTC.UL] wireless 'last-mile' equipment - the final link of telecom networks that delivers service to consumers through towers, antennas and fiber-optic cables. Analysts framed the deal as a lifeline for Telefonica in Mexico, where the company has long struggled to gain traction.
The Brazilian subsidiary of Mexico's America Movil SAB de CV will invest $7.8 billion over the next three years, Carlos Slim Domit, son of billionaire Mexican businessman Carlos Slim, said in a meeting on Wednesday with Brazilian President Jair Bolsonaro, according to the Folha de S. Paulo newspaper. Slim Domit also complained about the rules for the first auction of 5G frequencies in Brazil, expected for the second half of 2020, Folha reported. Jose Felix, chief executive of America Movil's subsidiary Claro Brasil, and other group executives were also present at the meeting.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Amer Movil (AMX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
The establishment of BlackBerry Labs is the latest in a series of moves BlackBerry (BB) has taken to ensure that its customers are protected across all endpoints and verticals in the IoT.