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Stock Market & Financial Investment News

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 26, 2015
05:21 EDTBUDAB InBev sees FY15 revenue per hl to grow organically in line with inflation
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05:15 EDTBUDAB InBev announces $1B share buyback program
The board has approved a share buyback program for an amount of $1B, which will be conducted during the course of this year. The company's current intention is to use the shares acquired to fulfill its various share delivery commitments under the stock ownership plan. The program will be executed under the powers granted at the General Meeting of Shareholders on April 30.
05:12 EDTBUDAB InBev reports Q4 EPS $1.54, consensus $1.41
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February 25, 2015
15:05 EDTBUDNotable companies reporting before tomorrow's open
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