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Mexican Economic Development Inc (NYSE: FMX) |
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Price: $99.3200
$-1.27 
-1.263%
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| Day's High:
| $100.67
| Week Perf:
| 1.02 %
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| Day's Low: |
$ 98.94 |
30 Day Perf: |
9.01 % |
| Volume (M): |
511 |
52 Wk High: |
$ 131.56 |
| Volume (M$): |
$ 50,703 |
52 Wk Avg: |
$102.75 |
| Open: |
$100.06 |
52 Wk Low: |
$81.07 |
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| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
5 |
| Revenues (TTM) (Millions $) |
41,580 |
| Net Income (TTM) (Millions $) |
4,536 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Mexican Economic Development Inc
Mexican Economic Development Inc. (MEXICO) is a non-profit organization founded by a group of business leaders with the aim of promoting economic development in Mexico. It is headquartered in McAllen, Texas and has offices in Mexico City, Monterrey, and Tijuana. MEXICO's mission is to create economic growth and prosperity in Mexico by promoting trade and investment, providing business education and training, and supporting small and medium-sized enterprises.
MEXICO was founded in 1999 and has since worked to identify opportunities for economic development in Mexico. It works closely with government agencies, industry associations, and academic institutions to promote best practices and to address the challenges facing small and medium-sized businesses in Mexico. The organization's main goals are to help businesses in Mexico to access capital, technology, and markets, and to foster entrepreneurship and innovation.
One of the most important programs offered by MEXICO is the Mexico Entrepreneurship Network (MEN). This program provides business training and mentoring to entrepreneurs in Mexico. MEN aims to create a culture of entrepreneurship in Mexico and provides funding and resources to help start-ups grow and succeed.
Another program offered by MEXICO is the Small and Medium Enterprise Support Program (SMEP). This program offers financial assistance and technical support to SMEs that are looking to expand their businesses. The program provides grants and loans, as well as training and consulting services.
MEXICO also offers a number of training and education programs, including the Executive Development Program (EDP). This program is designed to help executives in Mexico improve their skills and knowledge in areas such as finance, marketing, and management.
Overall, Mexican Economic Development Inc. plays a crucial role in promoting economic development in Mexico. By providing resources and support to businesses, promoting best practices, and fostering entrepreneurship, MEXICO helps to create a more prosperous future for Mexico and its people.
Company Address: General Anaya No. 601 Pte. Monterrey 64410 NL
Company Phone Number: 328-6167 Stock Exchange / Ticker: NYSE FMX
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| Stock Performances by Major Competitors |
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| Merger and Acquisition
Published Mon, Nov 4 2024 1:18 PM UTC
MONTERREY, Mexico, Nov. 4, 2024 ? Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), a prominent player in the nonalcoholic beverages sector, has officially closed the sale of its refrigeration and foodservice equipment operations, Imbera and Torrey, to Mill Point Capital LLC. The transaction, valued at an impressive 8,000 million pesos, marks a deliberate step for FEMSA as...
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| Financing Agreement
Published Thu, Oct 10 2024 1:11 PM UTC
FEMSA Takes Strategic Steps in Logistics and Expands U.S. Presence: A Multifaceted Approach to Business GrowthIn a dynamic move reflecting its strategy for growth and expansion, Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) has officially announced a definitive agreement with Grupo Traxin, S.A.B. de C.V., a prominent transportation and logistics firm operating in Mexico...
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| Product Service News
Published Thu, Aug 1 2024 12:40 PM UTC
FEMSA Expands into the U.S. Convenience Store Market with $385 Million Acquisition of Delek?s Retail Operations MONTERREY, Mexico August 01, 2024 In a strategic move that underscores its global expansion ambitions, Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has inked definitive agreements with Delek US Holdings, Inc. (NYSE: DK) ...
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| Merger and Acquisition
Published Wed, Jul 17 2024 9:00 PM UTC
FEMSA Announces Divestment of Imbera and Torrey to Mill Point Capital
MONTERREY, Mexico, July 17, 2024 - Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) has recently made a significant move, announcing a definitive agreement with Mill Point Capital LLC, a reputable private equity firm. The agreement involves the divestment of FEMSA s refrigeration and foodservice equi...
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| Shares
Published Mon, Jun 10 2024 1:41 PM UTC
FEMSA Completes Accelerated Share Repurchase Agreement and Announces New Agreement: A Strategic Move in a Volatile Market
FEMSA, one of Mexico s leading companies, has recently announced the completion of an accelerated share repurchase agreement (ASR) to repurchase its American Depositary Shares (ADSs). This new ASR, with a total value of up to USD $600 million, is a st...
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