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Stock Market & Financial Investment News

News Breaks
February 27, 2013
10:55 EDTTAP, SBMRYMiller Brewing to terminate Canadian license agreement with Molson Coors Canada
Miller Brewing Company, a subsidiary of SABMiller (SBMRY), confirmed earlier that it is terminating its Canadian license agreement with Molson Coors Canada (TAP). Although Molson Coors Canada has filed a lawsuit in Ontario seeking to prevent termination of the License Agreement, Miller is vigorously defending that action and maintains its right to terminate. SABMiller remains committed to the Canadian market, and Miller trademark brands will continue to be available within Canada.
News For SBMRY;TAP From The Last 14 Days
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February 5, 2016
11:23 EDTTAPOptions with increasing put volume
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January 29, 2016
05:58 EDTTAPMolson Coors 27.2M share Secondary priced at $86.50
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January 27, 2016
13:40 EDTSBMRYKKR replaces Bain as suitor for Peroni, Grolsch brands, Reuters says
KKR (KKR) is replacing Bain Capital as a bidder for SABMiller's (SBMRY) Peroni and Grolsch brands, Reuters reporst, citing three sources familiar with the matter. KKR was not previously shortlisted as one of the final suitors for the brands being unloaded by AB InBev (BUD) to smooth its acquisition of SABMiller, the report says. Reference Link
11:09 EDTTAPOptions with increasing put volume
Options with increasing put volume: RDN MTG HES BKD TAP RRC GG MTW AIG CLR PYPL
07:51 EDTTAPMolson Coors weakness a buying opportunity, says Cowen
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January 26, 2016
16:41 EDTTAPMolson Coors files to sell $2.35B of Class B common stock
UBS Investment Bank, BofA Merrill Lynch and Citigroup are acting as joint book-running managers for the offering. BMO Capital Markets, MUFG, RBC Capital Markets and Wells Fargo Securities are also acting as joint book-running managers for the offering.
16:09 EDTTAPMolson Coors raises FY15 underlying free cash flow guidance to $690M-$720M
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16:07 EDTTAPMolson Coors sees Q4 underlying after-tax EPS 46c-52c, consensus 54c
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