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Stock Market & Financial Investment News

News Breaks
June 10, 2014
11:03 EDTBUD, PEP, SBMRY, ABEVSABMiller rumored as potential acquisition target, FT Alphaville says
Financial Times moderator Bryce Elder wrote earlier in a "Markets Live" chat on FT Alphaville that a $60B debt financing rumor has "been doing the rounds" and that he has recently heard it connected to speculation that AB Inbev (BUD) could breaks its PepsiCo (PEP) bottling deal to go after SABMiller (SBMRY) or uses its U.S. listed Ambev (ABEV) subsidiary as a "bid vehicle for SAB." Shares of SABMiller trading in New York are up about 4% in mid-morning trading to $57.38 following the circulation of the speculation, though Elder cautioned, "To be clear, this is 'pin the tale on the donkey' stuff." Reference Link
News For SBMRY;BUD;ABEV;PEP From The Last 14 Days
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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
17:07 EDTPEPTrian Fund gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).
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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