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Stock Market & Financial Investment News

News Breaks
February 14, 2013
06:07 EDTBNPQY, BUD, GPMCF, STZ, NSRGY, DELLOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Some major U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan's determination to weaken its currency and boost its economy. George Soros has scored gains of about $1B on the trade since November, sources say. Others include David Einhornís Greenlight Capital, Daniel Loebís Third Point LLC and Kyle Bass's Hayman Capital Management LP, investors say, the Wall Street Journal reports...A number of banks planned to withdraw from the panel that sets the London interbank offered rate, or Libor, but dropped the idea after the U.K.'s Financial Services Authority warned them against doing so, sources say. The FSA sent letters to some banks, including France's BNP Paribas (BNPQY) and the Netherlands' Rabobank Group, the Wall Street Journal reports...REUTERS: Anheuser-Busch InBev (BUD) revised terms of its $20.1B takeover of Grupo Modelo (GPMCF) to overcome U.S. objections that it would have restricted competition. The company said it agreed to sell Modelo's Piedras Negras brewery next to the U.S. border to Constellation (STZ) and grant it perpetual rights for Corona and other Modelo brands in the U.S., at a cost of $2.9B, Reuters reports...Nestle (NSRGY) expects 2013 to be as challenging as last year as the food group reported weaker-than-expected quarterly sales growth in Asia and the Americas, Reuters reports...BLOOMBERG: Dell (DELL) is scheduling meetings with shareholders to assess their demands for getting its $24.4B buyout done and also preparing a public response to critics of the deal, sources say, Bloomberg reports...U.S. realtors and mortgage bankers hope President Obamaís call for streamlining mortgage rules will lend new momentum to efforts to prevent imposing a strict minimum down payment for home loans, Bloomberg reports.
News For BNPQY;BUD;GPMCF;STZ;NSRGY;DELL From The Last 14 Days
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October 24, 2014
07:58 EDTBUDMolson Coors seen as winner if peers merge, Bloomberg says
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October 20, 2014
08:30 EDTSTZConstellation Brands initiated with a Buy at Pivotal Research
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October 16, 2014
05:29 EDTNSRGYNestle reports FY outlook unchanged
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05:28 EDTNSRGYNestle reports 9 month sales of CHF 66.2B
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October 15, 2014
07:32 EDTDELLUBM Canon to hold a conference
PLASTEC Midwest Conference is being held in Chicago on October 15-16.
October 14, 2014
14:12 EDTSTZConstellation Brands files automatic mixed securities shelf
October 13, 2014
07:26 EDTBUDAB InBev has studied potential deal to acquire PepsiCo, Bloomberg says
Anheuser-Busch InBev (BUD), which has a history of growth via acquisition and has been speculated to be targeting peer SABMiller (SBMRY), has also studied whether a merger with PepsiCo (PEP) makes sense, according to Bloomberg, citing people familiar with the matter. The report added that one source said no talks between Anheuser-Busch and Pepsi are ongoing, no deal is imminent, and the scenario is among many that has been examined. The report also noted that Albert Fried views Monster Beverage (MNST) and Keurig Green Mountain (GMCR) as other suitable targets for AB InBev. Reference Link
October 10, 2014
10:18 EDTBNPQYBNP Paribas management to meet with JPMorgan
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