RESEARCH ALERT-Salomon starts Mexico's Carso


MEXICO CITY, June 26 (Reuters) - Salomon Smith Barney said on Wednesday analyst Pablo Burbridge initiated coverage of several Mexican companies, including placing an outperform rating on conglomerate Grupo Carso . In a research note, Burbridge said Salomon was optimistic regarding Carso's retail operations, mainly based on expectations of solid retail sales in Mexico. "Resilient consumer spending should also benefit Carso's cigarette and ceramic tiles businesses," he said. The analyst ...

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