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Stock Market & Financial Investment News

News Breaks
February 14, 2013
10:53 EDTBUD, STZConstellation believes new agreement addresses concerns raised by DOJ in lawsuit
Constellation says it has fully committed bridge financing in place to complete these acquisition activities. Says expects to invest approximately $400M over three years to expand Piedras Negras facility. Says intends to deploy free cash flow to pay down debt with an intent to get below 4x EBITDA leverage ratio within two to three years of the transaction close. Comments made on the Constellation Brands (STZ), Anheuser-Busch InBev (BUD) conference call discussing the revised agreement for complete Ddivestiture of the U.S. Business of Grupo Modelo.
News For STZ;BUD From The Last 14 Days
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May 5, 2015
15:02 EDTBUDNotable companies reporting before tomorrow's open
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14:42 EDTBUDAB InBev technical comments ahead of earnings
The primary feature of note on the chart is an active double top pattern which has minimum downside potential to the $112 area. That level is close to the bullish gap up in price back in January. If the news is bearish, the pattern may complete. Additional downside levels to watch below $112 on a negative surprise would be at $109.71 and $107.18. If the news is more bullish than traders appear to expect, the first significant resistance level would be at $123.48. Thereafter additional resistance levels would be at $125.57 and $128.35, which is the 52-week high. The average one year analyst price target according to data from Thomson/First Call is at $130.77.
May 4, 2015
10:00 EDTBUDOn The Fly: Analyst Downgrade Summary
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07:42 EDTBUD, BUDAB InBev downgraded to Underperform from Outperform at CLSA
April 30, 2015
09:03 EDTBUDAB InBev reports Goudet to replace Storm as chairman
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