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Stock Market & Financial Investment News

News Breaks
June 9, 2014
06:22 EDTSBMRYSABMiller increases production of craft beer, FT says
SABMiller is working to increase its share of the premium beer market in the U.S., where it has been caught on the hop by the explosion of local expensive craft beers, according to the Financial Times, citing comments from the company's CEO Alan Clark. When discussing the ramp-up of activity within the MillerCoors joint venture, Clark said, "We’ve got to shift our portfolio to premium. That’s clearly a priority that the team now understand and are working on it." Clark did not mention a timeframe for the increase. Reference Link
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June 24, 2015
05:28 EDTSBMRYSABMiller reinstated with a Buy at BofA/Merrill
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