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Stock Market & Financial Investment News

News Breaks
February 27, 2013
13:57 EDTBUDLawsuit claims AB InBev's beer watered down, Time reports
Class-action lawsuits have been filed in New Jersey, Pennsylvania, and California claiming that AB InBev (BUD) beer has less alcohol than the labels list, according to Time. Each lawsuit is seeking damages of more than $5M, and other lawsuits are expected to be filed in Ohio and Colorado. The company responded by saying, "The claims against Anheuser-Busch are completely false, and these lawsuits are groundless… Our beers are in full compliance with all alcohol labeling laws." Reference Link
News For BUD From The Last 14 Days
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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

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