Headquartered in Monterrey, NL·Fiscal year ends December·NYSE: FMX·femsa.com
About Mexican Economic Development
Fomento Económico Mexicano (FEMSA) is a Mexican multinational conglomerate operating across retail and beverages. In retail, it operates through four divisions: OXXO Mexico, the largest small-format convenience store chain in Mexico with over 24,400 stores; Americas & Mobility, which includes OXXO convenience store operations in Brazil, Colombia, Chile, Peru and the U.S., plus fuel station operations in Mexico and the U.S.; Europe (Valora), operating convenience and foodvenience formats across five European countries; and FEMSA Health, a drugstore operator in Mexico, Colombia, Chile, and Ecuador with over 4,500 locations. FEMSA's digital ecosystem includes Spin by OXXO, a fintech platform providing digital financial services to Mexican consumers, and Spin Premia, a loyalty program with over 28 million active users. In beverages, FEMSA holds a controlling stake in Coca-Cola FEMSA (KOF), the world's largest Coca-Cola franchise bottler by volume, serving over 268 million consumers across Mexico, Central America, and South America. FEMSA also operates Bara, a growing discount grocery format in Mexico with 674 stores. Across all business units, FEMSA employs more than 369,000 people in 18 countries. The company trades on the NYSE under ticker FMX and on the BMV under FEMSAUBD and FEMSAUB. Updated
Wall Street analysts made some dramatic moves on Thursday, slashing price targets by double digits on several high-profile names while upgrading others to buy. Find out which stocks got the most surprising…
Wall Street wasted no time Monday, sending the Nasdaq surging past 25,900 while analysts took aim at some of the market's biggest names with fresh upgrades, downgrades, and new coverage that could…
Coca-Cola (NYSE:KO | KO Price Prediction) closed Friday at $78.67, down 0.5% for the week but up 12.5% year-to-date. That crushes both the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) (flat YTD) and…
Coca-Cola Consolidated just rewarded its shareholders with a 400% dividend hike. The beverage bottler also announced a $1 billion share buyback program.
Wednesday's top analyst upgrades and downgrades included AT&T, Best Buy, Dollar General, Microsoft, Navitas Semiconductor, Oracle, Plug Power, Salesforce, Verizon Communications and Wendy's.
The top analyst upgrades, downgrades and other research calls from Monday include Applied Materials, Barrick Gold, Comcast, GoDaddy, Intel, PG&E, Qualcomm and Sirius XM.
These are the top pre-market analyst upgrades and positive research calls from Wall Street we have seen this Wednesday morning with more than two hours until the market opens: Allergan (AGN) Started…
We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and…
Tonight we received the quarterly filings for Cascade Investment LLC, which shows the personal investments of Bill Gates. While the investment vehicle listed many unique holdings out there that were much the…
These are not all of the downgrades or negative calls we are seeing, but these are the stand out calls early this Thursday morning: AIG (AIG) Cut to Market Perform at FBR.…
Below are most of the equity holdings listed for Bill Gates’ own Cascade Investment, L.L.C. as of December 31, 2007. These were disclosed in a filing late in the week. Keep in…