|Bid||19.51 x 2180000|
|Ask||19.51 x 460000|
|Day's range||19.42 - 19.78|
|52-week range||17.26 - 22.49|
|Beta (5Y monthly)||0.31|
|PE ratio (TTM)||16.12|
|Earnings date||23 Oct 2018 - 27 Oct 2018|
|Forward dividend & yield||0.64 (3.27%)|
|Ex-dividend date||25 Aug 2022|
|1y target est||21.55|
MEXICO CITY (Reuters) -The trade union of Telmex, the Mexican telecommunications firm controlled by the family of tycoon Carlos Slim, went on strike on Thursday for the first time in nearly four decades after failing to reach a deal with the company, the union said. Many chanted, "Carlos Slim, get this, the contract is not for sale," as passing cars honked in support. Workers said that negotiations broke down over a series of issues they said violated a collective bargaining agreement, including outsourcing work, the exclusion of union members from new Telmex projects, and a lack of investment to cover operational and administrative needs.
Increasing wireless subscriber additions aid America Movil's (AMX) second-quarter 2022 results. However, higher financing costs acted as a dampener.
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil reported on Tuesday its second-quarter net profit plunged 68% to 13.683 billion pesos ($679 million), hurt by higher financing costs. The company, which is controlled by the family of Mexican billionaire Carlos Slim, said revenues rose 3.3% from the year-earlier period, to 217.391 billion pesos. "Concerns associated with high inflation dominated market sentiment," America Movil said, adding that the U.S. dollar had appreciated against all major currencies in the region of the company's operations.