Uncategorized

March 22, 2018
Banxico: Banco Central de México

Banxico raises interest rates and strengthens the strategy against inflation

Banxico, the Central bank of Mexico, raised the reference interest rate to reach the highest of its levels in approximately 9 years and declared through an official notice that they will act in a timely and steady manner for the fortification of the anchorage of both mid- and long-term inflation expectations and will obtain the objective convergence of 3% of inflation. The banking organization moved forward the indicator for about 0,25 points of the monetary policy until it reached 7.50%, which started at 7.25% in December. According to the same source, since Alejandro Dias de Leon is the head of […]
November 17, 2017
Economic results for November 2017

Quarterly Results of Bankinter, Banco Santander and Telefónica

After the third quarter of this year finished, the results of Banco Santander break with analysts forecasts, Telefónica’s are under, and Bankinter-s are in line with the consensus of analysts estimates. Banco Santander achieved a margin of interests of 25.689 million euros, meaning a 11.7% against 11.2% in the first half of 2017 and the 25.850 million expected. The Gross Margin was of 36,330 million, this means a 11.6% versus the 11.4% in the first semester and against the 36,055 million predicted. On the other hand, the Margin of Operation reached 19,373 million, that is a 14.4% more against 15.7% […]
August 4, 2017
Spanish index IBEX rose up

Ibex 35 rose up at the end of the session this week, Spain Stock Exchange

The most liquid and diversified index in the stock exchange in Spain, the Ibex 35, has turned around the market trend in the operation earlier this week and rose 0.2% quoting in 10.509. Ibex 35 fluctuated this week, according to the data of Plaza of de la Lealtad in Madrid, between 10.400 and 10.500 points, an internalized range by operators since the end of last month. This week, the negotiated amount was 1,264 million euros. Just the same way, the European indices have managed to finish the day in the green, in a session in which red had been the […]
May 3, 2017
Netflix headquarters

Netflix reaches 100 million, roses in the stock exchange

The California-based company that started off as a video rental is now worth over $62 million on the stock market and keeps collecting milestones. Last week, Netflix announced that they had reached the 100 million subscribers milestone. By the end of 2016 they had reached 94 million subscribers, a feat paired with rises on the stock exchange of 1%. So far in 2017, the company has risen 16.5%, representing a 54% increase in the last year and reaching historical tops. This translated into taking the company’s value up to US$ 62,158 million, which means that each subscriber has a net worth […]