Martin Gonzalez

Axtel Falls Most on Mexico’s IPC Stock Index After Downgrades; Yields Soar

Axtel SAB, Mexico’s second-largest land-line phone company, led declines among the 35 stocks on Mexico’s benchmark gauge after Standard & Poor’s and Moody’s Investors Service downgraded its debt.

Corporate Bonds Beaten by Stocks on GDP Outlook: Mexico Credit

Mexican corporate debt is lagging behind stocks by the most in eight months as investors bet a rebound in U.S. economic growth will fuel bigger gains in the equity market.

Mexico IPOs Flop After One Day: Chart

Mexico’s initial public offerings are losing money in their first month of trading, a sign companies are overestimating their value while Latin American peers surge after going public.

Telmex to Split Into Two Companies, Telmex Social to Serve Rural Customers

Billionaire Carlos Slim ’s Telefonos de Mexico SAB is shedding its less profitable phone lines in rural and low-income areas by putting them in a separate business as it seeks equal footing against Grupo Televisa SA.

Arbitrage-Fueled Rally Spurred by Banorte's Purchase of Ixe: Mexico Credit

Ixe Grupo Financiero SAB , the Mexico City-based bank that serves high-income clients, is beating peers in the bond market as its acquisition by Grupo Financiero Banorte SAB sparks credit-rating increases.

Bolsa CEO Says 10 IPOs Planned as Ferromex Considers Share Sale

Mexico has 10 companies planning initial share offerings that may proceed when economic conditions improve, said Luis Tellez, chairman and chief executive officer of Bolsa Mexicana de Valores SAB, the nation’s stock exchange operator.

Retailer La Polar Posts Record Drop After Surprise $427 Million Charge

Empresas La Polar SA plunged a record 42 percent in Santiago trading after the department-store operator said it may lift loan-loss provisions by $427 million.

La Polar Still Plans to Open Stores in Colombia, Diario Says

Empresas La Polar SA, the Chilean department store under investigation for consumer loan irregularities, still plans to open new stores in Colombia, Diario Financiero reported, citing Chief Executive Officer Martin Gonzalez.

Grupo Aeromexico Seeks to Raise $227 Million After Biggest Rival Goes Bust

Grupo Aeromexico SA, the country’s biggest airline, may raise as much as 2.7 billion pesos ($227 million) in an initial public offering as the company adds routes and buys jets after its largest rival went bankrupt.

Chile’s La Polar Rebounds as Record Drop Triggers Acquisition Speculation

Empresas La Polar SA surged 19 percent on speculation an investor will seek to gain control of the Chilean department-store operator after the stock reached a record discount to emerging-market retail peers.

"Conditions for the rest of the year do not look at all favorable."

- Martin Gonzalez on Sep 20, 2011

Mexico

Standard & Poor's

Colombia

Latin America

Global Stocks Slide as World Bank Pares Outlook; Yen Up

Yen Surges Past 94 Per Dollar on Flow Data, World Growth Concern

Apollo Tyres Slumps After Deal to Acquire Cooper Tire

European Stocks Decline on Speculation Rally Overdone

Gold Imports by India Seen Tumbling as Curbs Boost Titan’s Costs