Bachoco Announces Market Maker Contract
CELAYA, Mexico, Jan. 24, 2011 /PRNewswire/ -- Industrias Bachoco S.A.B. de C.V. announced today it has signed a Market Maker contract with ACCIVAL. This six-month contract will become effective as of today, January 24, 2011, and has the option to be renewed at the end of the period.
With this action, the Company seeks to increase the liquidity of its shares in the Mexican Market.
Industrias Bachoco S.A.B. de C.V. is the largest poultry company in Mexico, with over 800 facilities currently organized in nine complexes throughout the country. Bachoco's main business lines are chicken, eggs, and balanced feed. The Company's headquarters are based in Celaya, Guanajuato, Mexico. Its securities are listed on the BMV ( Bachoco) and on the NYSE (IBA). For more information, please visit Bachoco's website at http://www.bachoco.com.mx or contact our IR department at +52(461)618 3555 or Inversionistas@bachoco.net.This press release contains certain forward-looking statements that are subject to a number of uncertainties, assumptions and risk factors that may influence its accuracy. Actual results may differ. Factors that could cause these projections to differ include, but are not limited to: supply and demand, industry competition, environmental risks, economic and financial market conditions in Mexico, and operating cost estimates. For more information regarding Bachoco and its outlook, please contact the Company's Investor Relations Department. SOURCE Industrias Bachoco, S.A.B. de C.V.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV