Fomento Economico Mexicano, S.A.B. De C.V.(FMX)- NYSE
  • Sep. 16, 2015, 11:01 AM
    • A statement from Anheuser-Busch InBev (BUD +5%) indicates the company must make a formal offer for SABMiller (OTCPK:SBMRY +19.5%) before October 14 or take a pass on the mega-merger to stay in compliance with U.K. law.
    • There's a ripple effect with beer stocks circling the globe that includes distributors such as Compania Cervecerias Unidas (CCU +3.1%), Fomento Economico Mexicano (FMX +1.8%), AmBev (ABEV +2.1%).
    • Another intriguing aspect of a potential A-B takeover of SABMiller is the side effects on the food industry if 3G Capital is fully engaged on the deal. 3G is a major player in food mergers and a factor in how investors value companies such as Mondelez International (MDLZ +0.2%), PepsiCo (PEP +0.4%), TreeHouse Foods (THS +0.1%), Campbell Soup (CPB +1.9%), JM Smucker (SJM +1.1%), and other food names.
    • A-B InBev statement (.pdf)
    • Previously: AB InBev prepping offer for SABMiller
    • Previously: Beer stock rally with M&A on tap
    | Sep. 16, 2015, 11:01 AM | 7 Comments
  • Apr. 19, 2013, 5:32 PM
    After-hours top gainers, as of 5:15 p.m.: AMSC +4%. PCYG +3%. UVXY +3%. FIG +3%. ABX +3%.
    After-hours top losers: LCI -6%. FMX -6%. STI -4%. FNFG -3%. WSB -3%.
    | Apr. 19, 2013, 5:32 PM
  • Feb. 28, 2012, 10:20 AM

    Although it's not an ETF fund an investor can buy quite yet, a mock "fat guy" fund of companies selling beer, pizza, burritos, and chicken wings is racking up an impressive 6-month return. Holdings: DPZ +38.4%, CMG +30.2%, BWLD +45.8%, FMX +14.2%.

    | Feb. 28, 2012, 10:20 AM | 5 Comments
Company Description
Fomento Economico Mexicano SAB de CV engages in the production, distribution and marketing of beverages. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; waters; and still beverages, such as... More
Industry: Beverages - Brewers
Country: México