Herdez could raise prices
Grupo Herdez , one of the country's leading producers of processed foods, said that if there were a tariff change with the United States, where it distributes products such as mayonnaise, sauces, and guacamole, it would raise prices and absorb some of the pressure in the short term.
However, so far, the company has not adjusted its prices due to this factor, said Gerardo Canavati Miguel, CFO of Grupo Herdez, in a call with analysts and investors regarding the second quarter 2025 financial results. He added that, despite the current environment, they expect a more positive second half of the year.
In a rare move, Goldman Sachs is helping Millennium Management, a global hedge fund, sell shares of the fund to its wealthiest clients.
The minimum commitment is at least $1 million and up to a maximum of $20 million, according to documents the investment bank circulated to its clients.
For the first time in years, Millennium is allowing outsiders to invest directly and aims to sell up to 15% of the company.
Shares of The Trade Desk, a real-time advertising platform, have not performed well despite being added to the Standard & Poor's 500 Index, considered the leading benchmark for large-cap U.S. stocks, a month ago.
The Trade Desk replaced software developer Ansys after it was acquired by Synopsys, a leading provider of electronic design automation solutions and services, in a transaction that closed on July 17, 2025. Ansys's continued status as an independent public company meant it failed to meet the criteria required to remain in the S&P 500 Index.
Market capitalization, profitability standards, and other requirements are considered for eligibility to enter the S&P 500; however, the index committee may also exercise discretion.
Total Play , a pay-TV and internet provider in Mexico, has received an improved outlook from stable to positive from Moody's Ratings, based on its liquidity profile and competitive position.
The new outlook means that the company's corporate family rating, which was reiterated at B3 (sixth notch in speculative grade), could improve within the next 12 to 18 months.
The rating agency believes Total Play has adequate liquidity sources to cover its financing needs through mid-2027 and that its free cash flow will be neutral given the firm's intention to reduce its accounts payable, a subsidiary of Grupo Salinas.
The insurance company Peña Verde announced that Manuel Santiago Escobedo Conover, its CEO and shareholder, sold a block of shares to a trust he jointly owns with other executives.
The trust, identified by number 18812-1, acquired a total of 55.3 million shares from Escobedo, representing 11.61% of the company's share capital, the company announced in a statement.
Following the purchase, the trust "expresses its intention to continue acquiring shares in the company," Peña Verde wrote in the statement.
Eleconomista
