SABMiller 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
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: ASML (ASML) upgraded to Accumulate from Neutral at SNS Securities... Anacor (ANAC) upgraded to Buy from Neutral at Goldman... Artisan Partners (APAM) upgraded to Outperform from Neutral at Credit Suisse... Canadian National (CNI) upgraded to Buy from Hold at Canaccord... General Mills (GIS) upgraded to Outperform from Sector Perform at RBC Capital... Halliburton (HAL) upgraded to Accumulate from Neutral at Global Hunter... Harte-Hanks (HHS) upgraded to Outperform from Market Perform at BMO Capital... MDC Partners (MDCA) upgraded to Overweight from Neutral at Piper Jaffray... SABMiller (SBMRY) upgraded to Buy from Neutral at Nomura... Sanmina (SANM) upgraded to Neutral from Underperform at Longbow... Santander Mexico (BSMX) upgraded to Neutral from Sell at Goldman... Sherwin-Williams (SHW) upgraded to Buy from Neutral at Northcoast... Southwestern Energy (SWN) upgraded to Buy from Neutral at Global Hunter... Verisk Analytics (VRSK) assumed with an Outperform at Keefe Bruyette.