Fomento Economico Mexicano, S.A.B. de C.V. (FMX), alias FEMSA, has regained its position in investors' books after a solid third-quarter 2017, which marked a turnaround in the company's dismal surprise trend.
Fomento Economico Mexicano S.A.B. de C.V. (FMX), alias FEMSA, has been witnessing significant surge since reporting a robust third-quarter 2017 that marked a turnaround in the company's dismal earnings trend over the past few quarters.
FEMSA (FMX) has been grappling with soft margins for quite some time now. However, its focus on strategic measures like diversifying business portfolio and increasing store count remains encouraging.
Fomento Economico Mexicano, S.A.B. de C.V. (FMX), alias FEMSA, is benefiting from solid portfolio and robust strategic measures including increasing store count, diversifying business portfolio and focus on core business activities to drive growth.
Mexico's FEMSA sold 5.24% of its combined interest in the Heineken Group, reducing its over all economic interest in the Dutch brewery from 20.00% to 14.76%.
Акционер голландского пивовара Heineken в лице мексиканского производителя напитков Fomento Economico Mexicano (Femsa) заявил, что планирует продать примерно 5% его бумаг общей стоимостью 2,5 млрд евро ($3 млрд). Femsa уточнила, что планирует разместить бумаги среди институциональных инвесторов за пределами Мексики. Стоит отметить, что в общей сложности мексиканская компания владеет 12,53% бумаг Heineken NV и 14,94% бумаг ее материнской фирмы - Heineken Holding, при этом не уточнялось, какую долю акций обеих фирм планируется размещать.
FEMSA (FMX) divested nearly 5% of its total stake in the Heineken. However, it retains its governance rights and remains a significant stakeholder in Heineken.
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A lower PEG ratio, preferably less than 1, indicates both undervaluation and solid future growth potential of a stock.
Fomento Economico Mexicano S.A.B. de C.V. (FMX), alias FEMSA, posted second-quarter 2017 net majority income of 72 cents per ADS (Ps. 1.30 cents per FEMSA unit), substantially below the Zacks Consensus Estimate of 83 cents.
FEMSA (FMX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Let's see if FEMSA's (FMX) quarterly performance can help it break the murky surprise trend and help it sustain the robust stock momentum.
Coca Cola Femsa S.A.B. de C.V. (KOF) has solid prospects and should make a valuable addition to your portfolio.
Fomento Economico Mexicano, S.A.B. de C.V. (FMX), alias FEMSA, is a leading company with exposure in various industries including beverage, beer and retail, which gives it an edge over competitors.
FEMSA plans to have 1,000 gas stations rebranded as OXXO Gas, which will give the Mexican multinational's brand name 10% of Mexico's fuel market, the head of OXXO Gas said.
Fomento Economico Mexicano, S.A.B. de C.V. (FMX), alias FEMSA, is doing well on the back of its strategic measures such as increasing store count, diversifying business portfolio and focusing on core business activities to drive growth.