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Stock Market & Financial Investment News

News Breaks
June 12, 2014
07:56 EDTTAP, ABV, SBMRYMolson 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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May 28, 2015
06:09 EDTTAPMolson Coors upgraded to Overweight from Equal Weight at Morgan Stanley
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May 19, 2015
09:58 EDTSBMRYOn The Fly: Analyst Downgrade Summary
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08:13 EDTSBMRYSABMiller downgraded on currency outlook at RBC Capital
As noted earlier, RBC Capital downgraded SABMiller to Underperform from Sector Perform. The firm expects emerging market currency weakness to contribute to a 70 basis point EBTIDA margin decline for the company in 2016.
05:58 EDTSBMRYSABMiller downgraded to Underperform from Sector Perform at RBC Capital
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May 15, 2015
06:09 EDTSBMRYSABMiller to enter U.K. craft beer market with acquisition of Meantime Brewing
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