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Stock Market & Financial Investment News

News Breaks
June 11, 2014
11:15 EDTTAPMolson Coors October calls active as shares near record high
Molson Coors October 70 and 75 calls are active on total call volume of 22K contracts (1K puts). June call option implied volatility is at 34, July is at 22, October is at 22; compared to its 26-week average of 18 according to Track Data. Active call volume suggests traders taking positions for upside price movement following an upgraded to Buy from Underperform at BofA/Merrill.
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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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