financetom
Business
financetom
/
Business
/
Mining giant Grupo Mexico posts 16% drop in Q1 net profit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mining giant Grupo Mexico posts 16% drop in Q1 net profit
Apr 25, 2024 8:32 AM

MEXICO CITY, April 25 (Reuters) - Mining and transport

conglomerate Grupo Mexico reported on Thursday a 16% drop in its

first-quarter net profit, falling to $928.5 million.

Revenue for the major global copper producer, which also

operates sprawling freight railroads in Mexico, slid 1.6% in the

quarter to total $3.8 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
American Airlines Plane Hits Frontier Airlines' Aircraft at Boston Logan International Airport
American Airlines Plane Hits Frontier Airlines' Aircraft at Boston Logan International Airport
Nov 25, 2024
03:47 PM EST, 11/25/2024 (MT Newswires) -- American Airlines' ( AAL ) Boeing 777 aircraft hit the wingtip of a parked Frontier Airlines' Airbus A321 at the gate while being towed around noon at Boston Logan International Airport, the US Federal Aviation Administration said Monday. While pulling into its gate at Boston, American Airlines ( AAL ) flight 109, with...
Google to build subsea cable linking Australia's Darwin to Christmas Island
Google to build subsea cable linking Australia's Darwin to Christmas Island
Nov 25, 2024
SYDNEY, Nov 26 (Reuters) - Australia's Indian Ocean territory of Christmas Island will be connected by subsea cable to the northern garrison city of Darwin, a project backed by Alphabet's Google that Australia says will boost its digital resilience. Christmas Island is 1,500 km (930 miles) west of the Australian mainland, with a small population of 1,250, but strategically located...
Looking At Cisco Systems's Recent Unusual Options Activity
Looking At Cisco Systems's Recent Unusual Options Activity
Nov 25, 2024
High-rolling investors have positioned themselves bullish on Cisco Systems ( CSCO ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CSCO often signals that someone has privileged information. Today, Benzinga's...
Market Chatter: Starbucks Scheduling, Salary Payments Disrupted by Ransomware Attack
Market Chatter: Starbucks Scheduling, Salary Payments Disrupted by Ransomware Attack
Nov 25, 2024
03:45 PM EST, 11/25/2024 (MT Newswires) -- Starbucks ( SBUX ) cafe managers are manually calculating employees' wages after a ransomware attack on a software vendor disrupted the scheduling and pay management system, the Wall Street Journal said Monday, citing the company. The outage at U.K.-based Blue Yonder, a unit of Panasonic that provides supply chain software to retailers, began...
Copyright 2023-2026 - www.financetom.com All Rights Reserved