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Stock Market & Financial Investment News

News Breaks
February 27, 2013
05:56 EDTBUD, STZ, GPMCFAB InBev says U.S. beer sales on the rise, WSJ reports
Anheuser-Busch InBev N.V. (BUD) said more Americans were drinking beer again as demand in its main market grew for the first time since 2008, reports the Wall Street Journal. With about 40% of the brewer's operating profit and a third of its sales, the U.S. is by far AB InBev's largest and most significant market. Higher employment amid a nascent economic recovery has got households spending again. Domestic U.S. beer shipments were up 1.5% in the three months to December, compared with a decline of 2% in the same period a year earlier, according to data from the Beer Institute, an industry body. Reference Link
News For BUD;GPMCF;STZ From The Last 14 Days
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November 24, 2014
09:02 EDTBUDSABMiller to enter Brazilian market, Telegraph says
SABMiller (SBMRY) agreed to a deal with a local Brazilian brewer and will compete against AB InBev (BUD), reports the Telegraph. Reference Link
November 19, 2014
20:12 EDTBUDAB InBev cutting jobs, consolidating sales division in U.S., WSJ reports
Anheuser-Busch InBev confirmed in a statement that it is cutting jobs and consolidating its sales division in the U.S., according to the Wall Street Journal, but declined to specify how many jobs are being cut. Reference Link
November 14, 2014
07:47 EDTBUDAB InBev CEO says willing to deal but only at right price, Bloomberg reports
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