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29-464: Ferrosur began operation on December 18, 1998. The original ownership group was the construction company Tribasa and Grupo Financiero Inbursa . Grupo Carso (like Inbursa, a Carlos Slim Helu company) bought out Tribasa in 1999. Grupo México, owner of Ferromex , acquired the railroad in November 2005 in a US$ 309 million stock transaction. The Mexican Federal Competition Commission (CFC) had rejected

58-492: A fee to use the occupied railways, and the Mexican Armed Forces would pay Ferrosur to use the railways heading to the port of Veracruz , in addition to a possible extension to a concession in exchange for the railways. An agreement was ultimately reached on the night of May 31 by which, as López Obrador had intended, the concession granted to Ferrosur in 1998 for the railways, which included the occupied sections,

87-419: A particular stock exchange . Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities. Some exchanges include ticker extensions, which encode additional information such as share class, bankruptcy status, or voting rights into the ticker. The first ticker symbol was used in 1867, following

116-558: A particular trade in this case, and another identifier, typically the three- or four-letter exchange code (such as the Market Identifier Code ), will have to be specified in addition to the ISIN. While usually a stock ticker identifies a security that can be traded, stock market indices are also sometimes assigned a symbol, even though they can generally not be traded. Symbols for indices are usually distinguished by adding

145-545: A proposed 2002 merger of Ferromex and Ferrosur amid opposition from Grupo Transportación Ferroviaria Mexicana (TFM). Following the November 2005 purchase of Ferrosur by Grupo México, Kansas City Southern de México (KCSM), successor to TFM, petitioned the Mexican government to block the merger of Ferrosur and Ferromex. The CFC rejected the merger in June 2006 and stated that the merger would have led to excessive concentration in

174-413: A security at trading and settlement. The ISIN identifies the security, not the exchange (if any) on which it trades; it is, therefore, not a replacement for the ticker symbol. For instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide and is priced in five foreign currencies; it has the same ISIN on each (DE0007100000), though not the same ticker symbol. ISIN cannot specify

203-682: A stock trades; however, in July 2007, the SEC approved a rule change allowing companies moving from the New York Stock Exchange to the Nasdaq to retain their three-letter symbols; DirecTV was one of the first companies to make this move. When first implemented, the rule change did not apply to companies with one or two-letter symbols, but subsequently any stock was able to move from the NYSE to

232-657: A symbol in front of the name, such as a circumflex (or 'caret') ^ or a dot. For example, Reuters lists the Nasdaq Composite index under the symbol .IXIC . In Australia the Australian Securities Exchange uses the following conventions: Three character base symbol with the first and third character being alphanumeric and the second alphabetic. ETFs and ETMFs can be either 3 or 4 characters. Exchange-traded warrants and exchange-traded options are six characters. ETOs can have numbers in

261-463: Is "T"; accordingly, the company is referred to simply as "Telephone" on Wall Street (the T symbol is so well known that when SBC purchased the company, it took the AT&;T name, capitalizing on its history and keeping the desired single letter symbol). Some examples of US Stock symbols include: Formerly, a glance at a U.S. stock symbol and its appended codes would allow an investor to determine where

290-2705: Is a financial company which, through its subsidiaries, provides banking and related services in Mexico. The company operates business lines in investment funds, general insurance, automobile insurance, mortgages, health insurance, retirement funds and commercial banking. The company is owned by Mexican billionaire Carlos Slim . References [ edit ] [REDACTED] Banks portal ^ "Grupo Financiero Inbursa SAB de CV" . Bloomberg . Retrieved 18 July 2013 . v t e [REDACTED] IPC companies of Mexico (as of 30 July 2021) Alfa Alsea América Móvil Arca Continental Banco del Bajío Banorte Becle Cemex Coca-Cola FEMSA Corporación Inmobiliaria Vesta FEMSA Genomma Lab Internacional Gruma Grupo Aeroportuario Centro Norte Grupo Aeroportuario del Pacífico Grupo Aeroportuario del Sureste Grupo Bimbo Grupo BMV Grupo Carso Grupo Cementos de Chihuahua Grupo Elektra Grupo México Inbursa Kimberly-Clark de México Liverpool Megacable Orbia Peñoles Pinfra Quálitas Regional Telesites Televisa Volaris Walmart de México y Centroamérica v t e Banks of Mexico Central bank Bank of Mexico Development banks Bancomext Banobras Banco del Bienestar Mexican banks Actinver Agrofinanzas Banca Afirme Banco Ahorro Famsa Banco Amigo Banco Autofin Banco Azteca BanBajío BanCoppel Bankaool Banorte BanRegio Bansi S.A. Banco BASE Compartamos Banco Banco Facil (Chedraui) Banco Famsa Inbursa Banco Interacciones Banco Invex Banca Mifel Banco Monex Banco Multiva Banco Ve X + Foreign-owned banks Banamex BBVA México HSBC México MUFG Bank Santander México Scotiabank Retrieved from " https://en.wikipedia.org/w/index.php?title=Inbursa&oldid=1211417337 " Categories : 1992 establishments in Mexico Banks of Mexico Companies based in Mexico City Financial services companies established in 1992 Companies listed on

319-671: The Interoceanic Corridor of the Isthmus of Tehuantepec , one of the government's most important megaprojects . Mexican President Andrés Manuel López Obrador said that occurred "to avoid the risk of a future privatization of the railways and as a matter of national security and public interest." The action was labeled as "unusual" and was seen as an expropriation . Secretariat of the Interior Adán Augusto López Hernández said that

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348-652: The Molson Coors Brewing Company , uses a similarly beer-related symbol, "TAP". Likewise, Southwest Airlines pays tribute to its headquarters at Love Field in Dallas through its "LUV" symbol. Cedar Fair Entertainment Company , which operates large amusement parks in the United States, uses "FUN" as its symbol. Harley-Davidson uses "HOG", an abbreviation for the corporate-sponsored Harley Owners Group . Yamana Gold uses "AUY", because on

377-662: The NASDAQ exchange has the symbol AAPL, while the motor company Ford's stock that is traded on the New York Stock Exchange has the single-letter ticker F. In Europe, most exchanges use three-letter codes; for example, Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA. In Asia, numbers are often used as stock tickers to avoid issues for international investors when using non- Latin scripts . For example,

406-466: The United States , modern letter-only ticker symbols were developed by Standard & Poor's (S&P) to bring a national standard to investing. Previously, a single company could have many ticker symbols as they varied between the dozens of individual stock markets. The term ticker refers to the noise made by the ticker tape machines once widely used by stock exchanges. The S&P system

435-440: The periodic table of elements , "Au" is the symbol for gold . Sotheby's , an auction house, previously used the symbol "BID". Petco uses the symbol "WOOF". While most symbols come from the company's name, sometimes it happens the other way around. Tricon Global , owner of KFC , Pizza Hut and Taco Bell , adopted the symbol "YUM" to represent its corporate mission when the company was spun out of PepsiCo in 1997. In 2002,

464-554: The Mexican Stock Exchange Companies in the Indice de Precios y Cotizaciones Mexican brands Hidden categories: Articles needing additional references from November 2017 All articles needing additional references Ticker symbol A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on

493-553: The Nasdaq without changing its symbol. CA Technologies , which traded under the symbol CA before it was acquired in 2018, moved from the NYSE to the Nasdaq in April 2008 and kept its two-letter symbol. Unassigned letters: Unassigned letters: In countries where Arabic script is used, and in East Asia , transliterated Latin script versions of company names may be confusing to an unpracticed Western reader; stock symbols provide

522-514: The action had been discussed with Grupo México, and he called it a "temporary occupation," On late May 2023, several newspapers erroneously stated that the government of Mexico had paid Grupo Mexico 7 billion pesos for the occupation of the railway, 2.5 billion pesos lower than Groupo Mexico had wanted. However, López Obrador stated in a morning press conference on May 24 that sought to reach an agreement with Ferrosur not involving financial compensation. He wanted an agreement by which Ferrosur would pay

551-605: The bank HSBC 's stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005. Symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil , Exxon used a phonetic spelling of the company "XON" as its ticker symbol. The symbol of the firm after the merger was "XOM". Symbols are sometimes reused. In the US the single-letter symbols are particularly sought after as vanity symbols. For example, since March of 2008 Visa Inc. has used

580-453: The company changed its name to match its symbol, adopting the name Yum! Brands . Symbols sometimes change to reflect mergers. Before the 1999 merger with Mobil , Exxon used a phonetic spelling of the company "XON" as its ticker symbol. The symbol of the firm after the merger was "XOM". After Hewlett-Packard merged with Compaq , the new firm took on the ticker symbol "HPQ". (The former symbols were HWP and CPQ.) AT&T 's ticker symbol

609-697: The development of other codes in financial markets to identify securities for settlement purposes. The most prevalent of these is the International Securities Identifying Number (ISIN). An ISIN uniquely identifies a security and its structure is defined in ISO 6166 . Securities for which ISINs are issued include bonds , commercial paper , stocks , and warrants . The ISIN code is a 12-character alpha-numerical code that does not contain information characterizing financial instruments, but serves for uniform identification of

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638-490: The invention of the ticker tape machine by Edward Calahan . It was used to identify shares of the Union Pacific Railroad Company . Stock symbols are unique identifiers assigned to each security traded on a particular market. A stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce

667-1501: The longest one in Mexico. Ferrosur road locomotives are often seen coated in soot because they often pass through those tunnels. This article about a Mexico corporation or company is a stub . You can help Misplaced Pages by expanding it . This Mexico rail-related article is a stub . You can help Misplaced Pages by expanding it . Grupo Financiero Inbursa (Redirected from Grupo Financiero Inbursa ) [REDACTED] This article needs additional citations for verification . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed. Find sources:   "Inbursa"  –  news   · newspapers   · books   · scholar   · JSTOR ( November 2017 ) ( Learn how and when to remove this message ) Grupo Financiero Inbursa, S.A.B. de C.V. [REDACTED] Company type Sociedad Anónima Bursátil de Capital Variable Traded as BMV :  GFINBUR O Industry Financial Founded 1992 ; 32 years ago  ( 1992 ) Headquarters Mexico City , Mexico Products Financial services Revenue [REDACTED] US$ 1.3 billion (2012) Net income [REDACTED] US$ 675.1 million (2012) Total assets [REDACTED] US$ 26.1 billion (2012) Website www.inbursa.com.mx Inbursa

696-412: The number of characters that had to be printed on the ticker tape , and to make it easy to recognize by traders and investors. The allocation of symbols and formatting conventions is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the company name where possible. For example, US-based computer company stock Apple Inc. traded on

725-575: The railroad industry to the detriment of consumers and competing shippers. However, in March 2011, a tribunal ruled in Grupo Mexico's favor, and the merger was permitted. Grupo México continues to operate the two railways independently. In May 2023, the Mexican Armed Forces occupied a portion of 127 kilometres (79 mi) of railways in Veracruz belonging to Ferrosur so that they could be used for

754-1003: The sixth character. In Canada the Toronto Stock Exchange TSX and the TSXV use the following special codes after the ticker symbol: In the United Kingdom , prior to 1996, stock codes were known as EPICs, named after the London Stock Exchange 's Exchange Price Information Computer (e.g.: "MKS" for Marks and Spencer ). Following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics (TIDM), but they are still widely referred to as EPICs. Stocks can also be identified using their SEDOL (Stock Exchange Daily Official List) number or their ISIN ( International Securities Identification Number ). In

783-505: The symbol V that had previously been used by Vivendi which had delisted and given up the symbol. To fully qualify a stock, both the ticker and the exchange or country of listing needs to be known. On many systems both must be specified to uniquely identify the security. This is often done by appending the location or exchange code to the ticker. Although stock tickers identify a security, they are exchange dependent, generally limited to stocks, and can change. These limitations have led to

812-541: Was extended by eight years and so it remains in force until 2056. Ferrosur would cover a fee corresponding to the right of way, and the state-owned Ferrocarril del Istmo de Tehuantepec company would be responsible for the costs and spendings for the railway's operation, maintenance, and optimal safety conditions of the railways and for their optimal safety conditions. Ferrosur operates the ports of Veracruz and Coatzacoalcos and SC Line between Veracruz and Mexico City. The line has numerous tunnels east of Acultzingo , including

841-474: Was later standardized by the securities industry and modified as the years passed. Stock symbols for preferred stock have not been standardized. Some companies use a well-known product as their ticker symbol. Belgian brewer AB InBev , the brewer of Budweiser beer, uses "BUD" (symbolizing its premier product in the United States) as its three-letter ticker for American Depository Receipts. Its rival,

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