Bolsa de Valores de Montevideo Bolsa de Valores de Montevideo Bolsa de Valores de Montevideo, known as the Bolsa de Montevideo or as BVM, is the principal stock exchange of Uruguay. It is based in Montevideo and was founded in 1867. The Montevideo Stock Exchange (BVM) is an institution whose primary function is to provide the platform for the realization of the laying operations, trading and safekeeping of public and private securities. The placement process includes entering new values to the market, i.e., the monetary value. Trading involves the buying and selling of existing securities in the secondary market. Securities custody is a service that
Mexicana de Aviación 1993, a reorganized Aeroméxico took over as the company struggled financially. During the mid-1990s, the Mexican economy was hard-hit by the devaluation of the Mexican peso and Mexicana, Aeroméxico, and their regional affiliates were nationalized when their parent company, CINTRA (Corporación Internacional de Transporte Aereo), was taken over by the government. The airlines remained in their merged state until 2005. As happened in 1967, a new management team was hired, this time headed by President and CEO, Fernando Flores. The company was reorganized and rationalized, with a new emphasis placed on international service. Unprofitable routes were cut and the DC-10s