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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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July 2, 2015
08:13 EDTTAPMolson Coors U.K. acquires 'Rekorderlig U.K.'
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June 24, 2015
05:28 EDTSBMRYSABMiller reinstated with a Buy at BofA/Merrill
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June 23, 2015
10:00 EDTTAPOn The Fly: Analyst Downgrade Summary
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07:44 EDTTAPMolson Coors downgraded to Neutral at Nomura
As previously reported, Nomura downgraded Molson Coors to Neutral from Buy and lowered its price target to $74 from $82. The firm believes U.S. volume and pricing trends have worsened year-to-date and lowered its probability the company will buy the rest of MillerCoors in the U.S.
05:27 EDTTAPMolson Coors downgraded to Neutral from Buy at Nomura
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