Mexico

Mexico's second and third largest grocery retailers have posted contrasting results for the second quarter of 2009. Number two retailer Soriana saw its profits rise by X% to reach... 2009-07-29

The Chief Financial Officer (CFO) of Coca-Cola Femsa has suggested that the Venezuelan government may offer a 'dual' exchange rate as companies are finding it difficult to acquire... 2009-07-28

Mexico-based Coca-Cola bottler Embotelladoras Arca has reported that net profits fell by 6.5% in the second quarter of 2009 due to higher expenses and taxes. Net profits fell to MXN766.3mn... 2009-07-20

Mexico's largest retailer, Wal-Mart de Mexico (Walmex) has announced that its profits for the second quarter of 2009 increased by 16%, to MXN3.75bn (US$285mn) on the back of an 11%... 2009-07-09

The Pepsi Bottling Group (PBG) has signed a multiyear deal with Rockstar Energy Drink, to distribute the Rockstar brand in Mexico from July 2009. PBG already distributes Rockstar... 2009-06-26

US-based Hormel Foods and Mexico based Herdez del Fuerte have announced the launch of a 50-50 joint venture called MegaMex Foods that will market Mexican foods in the US market. The... 2009-06-23

The vice president of corporate affairs at Mexico-based Coca-Cola Femsa, Felipe Marquez, has revealed that the firm plans to invest US$119mn in Colombia this year claiming that the... 2009-06-17

Mexican retailer Comercial Mexicana (Comerci), which sought bankruptcy protection in November 2008, has announced that it has reached an agreement in principal with most of its key... 2009-06-12

Carlos Fernandez, chief executive of Mexican brewer Grupo Modelo, which produces Corona beer, has told the Reuters Latin American Investment Summit that he expects the firm's sales... 2009-05-13

Mexico-based soft drinks firm Coca-Cola FEMSA has reported a 30.5% increase in net sales for the first quarter of 2009. Sales reached MXN22.5bn, with 40% of incremental revenues accounted... 2009-04-30