Dallas, TX -- (SBWIRE) -- 03/13/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
America Movil SAB de CV (ADR) (NYSE:AMX) moved down 1.96% and closed at $20.55 on a traded volume of 19.57 million shares. 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 long-awaited bill seeks to shake up the telecoms sector by allowing increased foreign ownership of media and phone companies, and giving regulators the power to make players controlling more than 50% of the market sell assets.
Get Latest News, Updates on AMX Here
Tronox Ltd (NYSE:TROX) declined 1.95% and closed at $21.07 on a traded volume of 1.25 million shares. BWS Financial downgraded Tronox Limited from buy to hold with a $20.00 price target.
Is TROX a Strong Buying Opportunity After The Recent Slump? Find out Here
CombiMatrix Corporation (NASDAQ:CBMX) declined 9.04%and closed at $3.42 on a traded volume of 966k shares. On March 11, 2013, CombiMatrix Corporation received written from the NASDAQ Stock Market indicating that the Company is no longer in compliance with the minimum stockholders' equity requirement for continued listing on the NASDAQ Capital Market. The Notice has no immediate effect on the listing of the Company's common stock.
Is CBMX Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Mobile TeleSystems OJSC (ADR) (NYSE:MBT) decreased 1.92% and closed at $20.98 on a traded volume of 2.23 million shares. So far this year, the stock is up over 13%. The 52-week range for the stock is $15.62 and $21.62. Mobil'nye TeleSistemy OAO is a Russia-based company engaged in the telecommunication industry. The Company provides a range of mobile and fixed line voice and data telecommunications services.
Is MBT Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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