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Stock Market & Financial Investment News

News Breaks
June 17, 2014
05:31 EDTBUD, SYTAB InBev, Syngenta enter malting barley collaboration
Syngenta (SYT) and Anheuser-Busch InBev (BUD) announced a partnership to secure the sourcing of high-quality malting barley, the key raw material for the beer industry. Under the agreement, growers will have access to the best Syngenta malting barley varieties and a tailored growing approach, which includes training and advice on agronomy and sustainable farming practices. By following the protocol, growers will achieve superior yields when compared with current market standards, enabling them to supply AB InBev with consistently high-quality grain to meet the exacting standards for beer production. The first phase of the partnership will take place in Argentina. It will involve 160 growers and cover 14,000 hectares. The joint offer could be scalable to other markets where there would be opportunities to increase value for growers.
News For BUD;SYT From The Last 14 Days
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January 26, 2015
07:26 EDTBUDAnheuser-Busch acquires Seattle brewer Elysian Brewing
Anheuser-Busch announced late Friday that it has agreed to purchase Elysian Brewing Company, based in Seattle, Washington. Elysian sold more than 50,000 barrels of beer in 2014, with Immortal IPA accounting for more than a quarter of the company’s total volume. In addition to the Seattle Airport Way brewery, the acquisition includes the company’s four Seattle brewpubs, Elysian Capitol Hill, Elysian Tangletown, Elysian Fields and Elysian BAR. Anheuser-Busch’s purchase of Elysian is expected to close by the end of the first quarter of 2015. Terms of the agreement were not disclosed.
January 20, 2015
05:59 EDTSYTSyngenta downgraded to Underweight from Equal Weight at Barclays
January 15, 2015
09:40 EDTBUDAB InBev's Bud Light Button to offer beer delivery in an hour, WSJ reports
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