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Stock Market & Financial Investment News

News Breaks
June 12, 2014
07:56 EDTTAP, SBMRY, ABVMolson Coors could benefit from a AmBev, SABMiller combination, says ISI Group
ISI Group beileves Molson Coors (TAP) could play a role in a potential AmBev (ABV) acquisition of SABMiller (SBMRY). The analyst said Molson Coors would likely acquire SAB's 58% stake in the MillerCoors joint venture at an attractive, very accretive price, providing AmBev a solution to U.S. anti-trust issues. The firm expects Molson Coors' June 25 Investor Day to have a large crowd given the increased interest and speculation but expects management to focus on brand momentum, innovation and business model progress. Shares of Molson Coors are Buy rated with a $75 price target.
News For TAP;SBMRY;ABV From The Last 14 Days
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October 24, 2014
07:58 EDTSBMRY, TAPMolson Coors seen as winner if peers merge, Bloomberg says
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07:21 EDTABVAmBev volatility flat into Brazil elections
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October 15, 2014
10:02 EDTSBMRYOn The Fly: Analyst Downgrade Summary
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08:01 EDTSBMRYSABMiller downgraded to Underperform from Sector Perform at RBC Capital
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October 14, 2014
06:21 EDTSBMRYSABMiller reports Q2 group NPR increased 3%
Reports Q2 group net producer revenue per hectoliter grew by 4% in Q2. Reports total beverage volumes grew by 1% for the first six months on an organic basis, driven by "strong" performance across both lager and soft drinks in Latin America and Africa. SABMiller CEO Alan Clark said, "We achieved resilient net producer revenue growth in the first half, powered by our Africa and Latin America businesses. Our total beverage volume growth was impacted by weaker lager volume performance in Q2, balanced by strong growth in soft drinks. Financial performance has been affected by ongoing foreign currency movements as well as weaker Q2 trading conditions in China and Australia. Reference Link
October 13, 2014
07:26 EDTSBMRYAB InBev has studied potential deal to acquire PepsiCo, Bloomberg says
Anheuser-Busch InBev (BUD), which has a history of growth via acquisition and has been speculated to be targeting peer SABMiller (SBMRY), has also studied whether a merger with PepsiCo (PEP) makes sense, according to Bloomberg, citing people familiar with the matter. The report added that one source said no talks between Anheuser-Busch and Pepsi are ongoing, no deal is imminent, and the scenario is among many that has been examined. The report also noted that Albert Fried views Monster Beverage (MNST) and Keurig Green Mountain (GMCR) as other suitable targets for AB InBev. Reference Link
October 10, 2014
10:01 EDTTAPMolson Coors and SABMiller settle Canada litigation
Molson Canada 2005, a subsidiary of Molson Coors, and Miller Brewing Company, a subsidiary of SABMiller, jointly announce that they have settled amicably their litigation in Toronto, Canada, arising from the Licence Agreement for the Miller trademark brands in Canada. As a result of the settlement, the rights to distribute Miller trademark brands in Canada will revert to SABMiller effective April 1, 2015.

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