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Stock Market & Financial Investment News

News Breaks
March 27, 2013
10:16 EDTSTZ, TAP, SBMRY, BUDLarge beer makers opposing tax bill, The Hill reports
An association that represents large beer makers is fighting legislation that would lower the excise tax on small brewers, according to The Hill. Reference Link
News For BUD;TAP;STZ;SBMRY From The Last 14 Days
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May 28, 2015
10:02 EDTTAPOn The Fly: Analyst Upgrade Summary
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06:48 EDTTAPMolson Coors upgraded to Overweight on compelling valuation at Morgan Stanley
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06:09 EDTTAPMolson Coors upgraded to Overweight from Equal Weight at Morgan Stanley
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May 19, 2015
09:58 EDTSBMRYOn The Fly: Analyst Downgrade Summary
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08:13 EDTSBMRYSABMiller downgraded on currency outlook at RBC Capital
As noted earlier, RBC Capital downgraded SABMiller to Underperform from Sector Perform. The firm expects emerging market currency weakness to contribute to a 70 basis point EBTIDA margin decline for the company in 2016.
05:58 EDTSBMRYSABMiller downgraded to Underperform from Sector Perform at RBC Capital
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May 15, 2015
12:13 EDTBUDThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).
06:09 EDTSBMRYSABMiller to enter U.K. craft beer market with acquisition of Meantime Brewing
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