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Stock Market & Financial Investment News

News Breaks
February 8, 2013
14:47 EDTSTZ, BUDConstellation Brands, Crown file legal motion to defend interests
Constellation Brands (STZ) and Crown Imports said they filed a Motion to Intervene in U.S. District Court for the District of Columbia to ensure the companies interests are represented as part of the U.S. Department of Justice's complaint against the proposed Anheuser-Busch InBev (BUD) acquisition of Grupo Modelo. Constellation has a separate proposed transaction with AB InBev to fully acquire Crown, currently a 50/50 joint venture with Modelo. Constellation and Crown were not named as part of the Jan. 31, 2013 DOJ complaint; however, they said the complaint directly impacts both companies. This motion will seek to permit Constellation and Crown to have direct access to the legal proceedings. Constellation and Crown argue the transactions are good for beer consumers as Crown will be a stronger competitor in the U.S., and states the deals will improve competition in the U.S. beer industry.
News For STZ;BUD From The Last 14 Days
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October 1, 2014
15:16 EDTSTZConstellation Brands technical comments ahead of earnings
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15:10 EDTSTZNotable companies reporting before tomorrow's open
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September 29, 2014
14:49 EDTSTZConstellation Brands October volatility increases into Q2
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September 28, 2014
19:46 EDTSTZConstellation Brands looks expensive, Barron's says
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19:09 EDTBUDMolson Coors shares could rise 30% or more, Barron's says
Molson Coors (TAP) shares could see an increase of 30% or more from three ways, by being a takeover target for SABMiller (SBMRY); if Anheuser-Busch InBev (BUD) acquires SABMiller, then Molson Coors might be able to acquire the remaining interest in MillerCoors for a good price; the company could also rise on its own, driven by cost reductions, Barron's contends in a feature article. Reference Link
September 25, 2014
13:27 EDTSTZConstellation Brands October volatility increases into Q2
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September 22, 2014
08:46 EDTBUDSABMiller downgraded to Market Perform from Outperform at Bernstein
Following the run-up in SABMiller's (SBMRY) stock earlier in the year, the firm is skeptical about the chances of AB InBev (BUD) making a takeover bid for SABMiller in the short-term to medium term.
September 19, 2014
16:24 EDTBUDStocks rise after Fed keeps pledge for 'considerable time' before rate hike
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10:07 EDTBUDHigh option volume stocks
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