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News Breaks
June 26, 2014
07:35 EDTTAP, BUDMolson Coors price target raised to $87 from $76 at Stifel
Stifel increased its price target on Molson Coors (TAP) for several reasons, including the firm's belief that there is now a 50% chance that AB InBev (BUD) will try to buy SABMiller (SBMRY) over the next year, up from 30% previously. Additionally, Stifel reports that Molson Coors plans to cut costs in Canada more than previously expected, and the firm still expects the company to increase its dividend about 10% and resume share repurchases next year. The firm keeps a Buy rating on Molson Coors.
News For TAP;BUD From The Last 14 Days
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February 11, 2016
06:50 EDTTAPMolson Coors reports Q4 Canada underlying pretax income $51.8M
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06:49 EDTTAPMolson Coors reports Q4 worldwide beer volume 13.8M hectoliters
Reports Q4 worldwide beer volume 13.8 million hectoliters, decreased 1.7%; Coors Light volume increased 0.8% worldwide and 13.5% in Europe and International.
06:48 EDTTAPMolson Coors reports Q4 underlying EPS 49c, consensus 50c
Reports Q4 revenue $844.4M, consensus $845M.
February 10, 2016
11:49 EDTBUDAsahi confirms offer to buy Peroni, Grolsch from SABMiller
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11:15 EDTTAPMolson Coors to hold a conference call
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February 8, 2016
14:01 EDTBUDEarnings Watch: Analysts becoming more positive on Coca-Cola
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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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