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Stock Market & Financial Investment News

News Breaks
November 13, 2012
08:16 EDTMNSTMonster Beverage Board authorizes new $250M share repurchase program
Monster Beverage announced that its Board of Directors has authorized a new share repurchase program for the repurchase of up to $250M of the company's outstanding common stock. There was no availability remaining under the previously authorized $500M share repurchase program. The Company expects the share repurchases to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions, and share repurchases may be suspended or discontinued at any time.
News For MNST From The Last 14 Days
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October 15, 2014
10:02 EDTMNSTOn The Fly: Analyst Upgrade Summary
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08:28 EDTMNSTMonster Beverage upgraded to Conviction Buy from Buy at Goldman
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October 13, 2014
07:26 EDTMNSTAB 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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