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Stock Market & Financial Investment News

News Breaks
June 26, 2014
07:35 EDTBUD, TAPMolson 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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July 25, 2014
09:02 EDTTAPMolson Coors CEO Peter Swinburn to retire at end of 2014
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09:01 EDTTAPMolson Coors names Mark Hunter as CEO successor to Swinburn
09:01 EDTTAPMolson Coors CEO Peter Swinburn to retire at end of 2014
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July 14, 2014
06:27 EDTBUD, TAPAB InBev considering bid for SABMiller, FT reports
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