Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) News
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Latest FMX News From Around the Web
Below are the latest news stories about MEXICAN ECONOMIC DEVELOPMENT INC that investors may wish to consider to help them evaluate FMX as an investment opportunity.
FMX Divests Plastics Solutions to AMMI, Progresses Well on Forward PlanFomento progresses smoothly on its Forward plan. The company divests its plastics solutions operations to AMMI. |
FEMSA completes divestiture of its plastics solutions operations to AMMI, affiliate of Milenio CapitalMONTERREY, Mexico, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on October 28, 2024, of its plastics solutions operations to AMMI, a leading diversified corporation focused on the production of non-GMO corn and sustainable plastic packaging, an affiliate of Milenio Capital. The transaction amount was $3,165 million pesos, on |
Recapping the biggest c-store acquisitions of 2024While plenty of M&A occurred this year, only a handful of deals surpassed 100 locations. Here’s a rundown of the moves that altered the industry’s landscape. |
Why Is Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Among the Best Emerging Markets Stocks To Buy Now?We recently compiled a list of the 7 Best Emerging Markets Stocks To Buy Now. In this article, we are going to take a look at where Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) stands against the other emerging markets stocks. According to the report, Emerging Markets: On the Cusp of a Renaissance published by Lazard […] |
The Zacks Analyst Blog GE Aerospace, Fomento Economico, Waste Management and AwareGE Aerospace, Fomento Economico, Waste Management and Aware are included in this Analyst Blog. |
Top Research Reports for GE Aerospace, Fomento Economico & Waste ManagementToday's Research Daily features new research reports on 16 major stocks, including GE Aerospace (GE), Fomento Economico Mexicano (FMX) and Waste Management, Inc. (WM), as well as a micro-cap stock, Aware, Inc. (AWRE). |
FEMSA Sells Refrigeration and Foodservice Division to Mill PointFMX sells its refrigeration and food service operations to Mill Point Capital, aiming to enhance long-term value by focusing on core business areas. |
FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point CapitalMONTERREY, Mexico, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on July 17, 2024, with Mill Point Capital LLC, of its refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million pesos, on a cash-free, debt-free basis. About FEMSAFEMSA is a company that creates economic and soci |
FEMSA Q3 Earnings Decline Y/Y, Sales Improve on Segmental GrowthFMX's Q3 results reflect revenue growth across all operating segments. Favorable currency effects from the depreciation of the Mexican Peso also aid the top line. |
FEMSA Reports Strong Growth in Q3 2024 ResultsFomento Economico Mexicano (FMX) has released an update. Fomento Económico Mexicano (FEMSA) reported an 8.3% increase in total consolidated revenues for the third quarter of 2024, with significant growth across its business units, including a 14.6% rise in income from operations. The company’s retail and digital segments showed impressive expansion, with Spin by OXXO and Spin Premia platforms experiencing substantial user growth. Additionally, Coca-Cola FEMSA delivered strong double-digit revenu |