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Stock Market & Financial Investment News

News Breaks
June 27, 2014
06:23 EDTBUD, SBMRY, TAPMolson CEO won't rule out buying SABMiller's stake in JV, WSJ reports
Peter Swinburn, the CEO of Molson Coors (TAP), says he won't rule out buying SABMiller's (SBMRY) 58% stake in MillerCoors, their U.S. joint venture, if it becomes available, the Wall Street Journal reports. Anheuser-Busch InBev (BUD) has been speculated as a potential acquirer of SABMiller, and a combined company could be required to divest MillerCoors. Reference Link
News For TAP;SBMRY;BUD 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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