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U.S. Day Ahead: Mexican IPO could be 'muy caliente'

Tuesday, September 25, 2012 - 02:09

Sep 25 - Investors will get a chance to tap into Mexico's exploding markets when one of its key financials controlled by Spain's Santander, SanMex, debuts on the New York Stock Exchange.

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-- I dire warnings about the economy and company profits what it might -- -- south of the border. Investors will get a -- happen to Mexico -- exploding markets when wanted to keep financial debut on the New York Stock Exchange. Sam and Max which is controlled by Spain's banks close on time there. Is that -- up to four point three billion dollars. That means that the second largest US IPO this year after FaceBook and sixteen billion dollar voucher -- me. Our concern -- those stock may be overvalued but analysts are arguing about a lot of potential to move. This is a credit play in Mexico Mexico's under -- the population is young the economy is growing. So with this stock it's the second large public banks in Mexico you can ride that wave. Credit will grow and hopefully this thing we'll do okay. And be sure to catch Fred Katayama investing to outline on how did that on Mexico like a millionaire. Summertime -- ready to hire will find out when the business roundtable releases its latest CEOs survey. In June confidence took a hit with less than half of -- from key companies planning to add jobs or boost. Spending and the next six months. Not that the main worry what the European debt crisis but let's let this -- CEO John Chambers have to stay in this exclusive interview. If you don't understand the issues of what's happened tax policy you'd understand issues about can you bring back your organs. If they can understand some of the fiscal -- issues facing the consumer they watch and so I think we've got to get back to predictability. If you wanna hear more from the Cisco chief catch the rest of the conversation on insider and it Reuters TV on Wednesday. I had expect more sign the housing market and getting back on its feet when new home sales come out in the morning I am part that expects sales to rise slightly as housing stock deep -- Particularly in distressed properties in the next hurdle for real estate might actually tight supply. Because of some -- construction. I'm hiding on this as writers.

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U.S. Day Ahead: Mexican IPO could be 'muy caliente'

Tuesday, September 25, 2012 - 02:09