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News Breaks | | | | February 27, 2013 | | 13:57 EDT |  | BUD | Lawsuit 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 | |
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News For BUD From The Last 14 Days Check below for free stories on BUD the last two weeks. |
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| May 16, 2013 | | 05:51 EDT | | BUD | NBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link | | | May 13, 2013 | | 08:01 EDT |  | BUD | AB InBev U.S., Brazil performance has likely bottomed, says RBC Capital
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