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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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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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