By Anna Driver HOUSTON (Reuters) - Weatherford International Ltd WFT, reported on Monday that second-quarter profit more than doubled on increased spending for oil and gas exploration, but still fell short of Wall Street expectations, sending shares down as much as...
Lockstep Investing submits: Sometimes it actually rains in Southern California, or just becomes overcast during January and February every year. During that time the depressed residents of this area enjoy nothing more than a trip to balmy climates just south of the border where their dollar goes a little further...
Robert Maltbie submits: Leading Mexican engineering and construction company, Empresas ICA, S.A.B. de C.V. ICA, is well-positioned to benefit from large, multi-year infrastructure program. We are initiating coverage with a BUY rating. INVESTMENT THESIS by Robert Maltbie
NEW YORK (Reuters) - Computer printer maker Lexmark International Inc LXK on Tuesday reported an increase in quarterly profit on higher corporate sales and said it plans to close a factory in Mexico that will affect 650 jobs. Lexington, Kentucky-based Lexmark, which competes...
By Martinne Geller NEW YORK (Reuters) - Pepsi Bottling Group Inc PBG posted better-than-expected quarterly profit on Tuesday as price increases in the United States and Canada more than offset a decline in volume. The largest bottler of PepsiCo Inc PEP drinks said...
Grupo Industrial Saltillo GIS is a major industrial group in Mexico manufacturing auto parts, construction materials and houseware products. GIS wanted to be a leader in the industries where it operates by developing suppliers and offering clients world-class quality and service. After studying and evaluating the different ERP business software...
Recruiting Gen Y: Four Killer TacticsDead might just be around the corner...So i think one should work on -something that one is really passionate about.-something that contributes to the sustainable progress of human kind-something that makes one's life meaningful, worthwhile living, worthwhile suffering the tough times, worthwhile working those extra...
A recent Absolut Vodka ad, inspired by a pre-Mexican War map of North America -- showing Mexico stretching from Louisiana to the Columbia River -- caused a furor last week. Quick recap of the drama: TeranTBWA creates an ad for Absolut to run...
While outsourcing of production from the U.S. to Mexico has been hailed in Mexico as a valuable engine of growth, there have been misgivings regarding the fickleness and volatility of this engine. This paper is the first in the literature to focus on the second moment properties of outsourcing. The...
This paper examines the factors influencing Mexico's private saving rate. Cross-country analysis finds that Mexico's private saving is somewhat higher than could be explained by its fundamentals, but lower than in the average country in the sample. This analysis suggests that Mexico's greater reliance on external saving, its relatively high...
This report focuses on the interactions between Mexico and the United States on migration and border issues during the administrations of President George W. Bush and President Vicente Fox of Mexico. The discussions and agreements fall into four areas: the bilateral migration talks, the Partnership for Prosperity, the Border Partnership...
The FAST program is a bilateral initiative between the United States and Mexico designed to ensure security and safety while enhancing the economic prosperity of both countries. In developing this program, Mexico and the United States have agreed to coordinate to the maximum extent possible, their commercial processes for clearance...
This paper analyses the main determinants of monetary policy in two emerging economies: Mexico and Israel. Due to the share feature of these countries facing currency and financial crises this study consider the alternative to incorporate a financial variable such as the level of foreign reserves in the reaction function...
Venture Capital investing has grown in industrialized countries from a small investment pool in the early 1970s to a mainstream asset class that is a viable and significant part of the institutional and corporate investment portfolio. In many developing countries, VC investing remains a nascent industry. However, this article investment...
Nearshore options like Canada and Mexico are seen as a lower risk alternative compared to other offshore supplier markets. What is the potential that these countries have and what kind of capabilities and expertise exist here. This paper presents an in-depth country comparison that drills down into vertical expertise and...
This paper examines the impact of trade liberalisation on the trade balance and balance of payments in Mexico. Two events are identified as being important in this regard. The first one is when trade liberalisation started in a serious way in 1985 and Mexico became a member of GATT in...
The signing of NAFTA the North American Free Trade Agreement has increased opportunities for U.S. dairy products in Mexico. Mexico is the largest and fastest growing market for certain U.S. products: nonfat dry milk, fluid milk, cheese, yogurt and ice cream. With the exception of powdered milk, all U.S. exports...
The authors apply existing inflation models that have worked well in industrialized countries to Mexico, an emerging market that has recently moved to adopt an inflation-targeting framework for monetary policy. They compare the performance of these models with a mark-up model that has been used extensively to analyze inflation in...
In 1995, Mexico introduced a price-level-adjusting unit of account called the Unidad de Inversion UDI. Loans denominated in UDIs maintain their purchasing power and provide a real rate of return in pesos. This study examines the real rate of return earned by dollar investors in UDI mortgages and the extent...
Mexico, with its rising middle class, is a growing market for U.S. broilers, especially for dark meat. Broiler trade between the United States and Mexico has been restricted to shipments mainly emanating from the United States, with the United States shipping mostly dark meat to Mexico. This study examines sanitary...