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Premiere Latin American wireless provider America Movil SAB de CV (AMX), first mentioned here on June 24, 2009 at a price of $36.47, remains a new business titan with promise.

Look America Movil to post 10-12% revenue growth in 2010, followed by 11-14% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9-11% range.

Continue reading America Movil: Latin American Wireless Provider Extraordinaire

America Movil: Latin American Wireless Provider Extraordinaire originally appeared on BloggingStocks on Thu, 11 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

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NEW YORK (Reuters) – LyondellBasell on Thursday won court approval for a $450 million settlement to resolve litigation with creditors over its 2007 leveraged buyout, and pave the way for the big chemical company to emerge from bankruptcy.

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A final hour of a rally put the market back in positive territory. But overall this was yet another day where the real close was not clear until the final minutes. The trade deficit was a non-event and the weekly jobless claims were a very slight improvement by 6,000 to 462,000 for the week. Even Senator Dodd going alone on a financial reform bill didn’t hurt the markets.

Here were today’s unofficial closing bell levels:

Dow 10,611.84 +44.51 (0.42%)
S&P 500 1,150.23 +4.62 (0.40%)
Nasdaq 2,368.46 +9.51 (0.40%)

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Continue reading Closing Bell: A Jobs and Trade Deficit Victory (AIG, C, TEAR, SNV, CLNE)

Closing Bell: A Jobs and Trade Deficit Victory (AIG, C, TEAR, SNV, CLNE) originally appeared on BloggingStocks on Thu, 11 Mar 2010 16:20:00 EST. Please see our terms for use of feeds.

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(For other news from the Reuters Global Mining and Steel Summit, click http://www.reuters.com/summit/GlobalMiningandSteel10?pid=500)

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