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 established in Mexico. Mexicana rebranded its regional subsidiary, Aerocaribe, as "Click Mexicana" and promotes it as a low-cost carrier. This is part of the company's plan to remain competitive as the aviation industry changes and competition intensifies. Another component includes increasing international presence. Also, the color scheme was changed again to a dark blue tail and blue lettering on a white background. Despite government announcements indicating that the airlines were going to be privatized, that move did not occur until November 29, 2005, when CINTRA sold Mexicana and its subsidiary, Click Mexicana, to the Mexican hotel chain Grupo Posadas for