*Higher profit offsets worries over increased competition. MEXICO CITY, July 9- Shares in Mexican media company Grupo Televisa climbed more than 4 percent on Tuesday after the company posted a higher second-quarter profit that helped offset worries over the potential for increased competition under an impending telecommunications reform in Mexico.
California officials are set to decide whether or not they will investigate an organization running a campaign against the world's richest man, Mexican telecom tycoon Carlos Slim.
Reforms that aim to level the playing field of Mexico's telecom industry will not necessarily end the dominance of the two big players.
Mexico's government has threatened the country's telecommunications giants with forced asset sales, unveiling a plan to loosen billionaire Carlos Slim's hold on the telephone market and curb broadcaster Televisa's dominance of the airwaves.
The world’s largest Spanish language broadcaster is investing not only in new content but also readying for the multitude of new ways consumers will watch its programming, CEO Emilio Fernando Azcarraga Jean told CNBC’s “Squawk Box” on Monday.
MEXICO CITY, Oct 25- Mexico's main competition watchdog said on Thursday it had started an investigation into possible monopolistic practices in the country's mobile phone market, which is dominated by tycoon Carlos Slim. Slim's mobile phone company America Movil has about 70 percent of Mexico's market.
MEXICO CITY-- Mexican broadcaster Televisa says its profit rose 41.5 percent in the third quarter on the strength of gains from pay-TV subscribers. Grupo Televisa SAB is the world's largest producer of Spanish-language TV programs. It also owns Mexico's biggest television network.
Evidently Christmas came very, very early for retailers this year – in February!
Don't let the pundit-speak about "lagging indicator" or the market's move Friday fool you, the job market is crucial to the stock market right now.
Companies including TD Ameritrade, Coach and Turkey's Turkcell could be on Warren Buffett's radar, according to a quantitative screen by Standard & Poor's.
You know that Tim Seymour scours the globe for the hottest plays abroad. Well he’s spotted another one for you!
The Lightning Round is extended in this CNBC.com exclusive feature.
It's been, a long, pricey road: years of conflict, a four year legal battle culminating in several weeks of court testimony.
Stocks suffered their worst decline in more than a month on Wednesday after a grim ADP report coupled with a revenue warning from Intel revived concerns about the economy.
Looking back at 2008 and towards 2009, there's no question that media stocks are facing a perfect storm. It's the nasty coinciding of cyclical and sector challenges — media giants are trying to transition to a new digital future and build new revenue streams, while the economic downturn is sending ad revenue off a cliff. So is there a silver lining to those storm clouds?
Twice each year, Standard and Poor's runs a stock screen, designed to find stocks that Warren Buffett might find attractive based on his general investment philosophy. The new list has just been released. Guess what well-known name is missing this time around. (Pay no attention to the picture on the left.)
British pay-TV firm BSkyB is considering a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital Plus, the Financial Times said on Friday.
Berkshire Hathaway’s annual meeting on Saturday puts Warren Buffett center stage for the third time this week. With more than $40 billion in cash, where will the Oracle of Omaha turn next?
See the entire basket of 20 stocks that we feel best refelcts our growing world. These trades are compliments of Tim Seymour, Fast Money's favorite emerging markets specialist.
How do you profit as the business of print starts to perish?