America Movil Falls the Most in Eight Years on Earnings Miss

Updated on
  • Latin America's largest wireless carrier sinks 11% in Mexico
  • `Overdue downward revision' expected, Itau analyst says

America Movil SAB plunged the most in eight years after billionaire Carlos Slim’s phone company posted first-quarter profit that missed analysts’ estimates, showing increasing vulnerability to economic and competitive conditions across the region.

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