Some firefighters battling flames in the West will receive water courtesy of Anheuser-Busch, according to NBC News.» Read More
Belgium's InBev is close to securing a $50 billion financing package to enable it to launch a takeover bid for Anheuser-Busch Cos, maker of Budweiser beer, the Sunday Telegraphreported.
Oil dominated the news again during the week, though crude prices fell back for a change. Economic data also moved the markets, which finished up for the week.
For the last 10 years, Jean-Claude Trichet and his predecessor Wim Duisenberg (the parents) have told the majority of European member states (the teenagers) exactly what they didn’t want to hear.
Tomorrow Patricia Russo goes before shareholders in Paris for Alcatel-Lucent's annual general meeting amid reports that her golden parachute of €6 million will be tied to performance.
A member of the founding family of Anheuser-Busch said any talks with Belgian brewer InBev should be based on shareholder value rather than the Busch family's legacy, the Wall Street Journal reported on Thursday.
Morning Thoughts readers had plenty to say about the possibility that Belgium-based InBev could take over Anheuser-Busch and in turn a product many consider one of the symbols of America.
Following are the day’s biggest winners and losers. Find out why shares of Expedia and Countrywide Financial popped while Anheuser Busch and Borders dropped.
It's as American as the stars and stripes and apple pie – but if the speculation is right, Budweiser could be heading into European ownership.
Kristie writes, “My husband has retired from the Air Force. What would be your suggestion for companies that are more patriotic...”
Stocks closed with solid gains, led by technology companies such as Apple, as investors bet that a sharp drop in crude oil prices will help shore up consumer and business spending on tech gear.
A bout of risk aversion dented European stocks on Tuesday as jitters grew over potential credit-related problems at banks and inflation, while typically defensive stocks such as pharmaceuticals and food rallied.
BlackRock's Bob Doll is not known to make rash decisions. And in the face of spiking oil prices, a slowing economy and market volatility, he continues to buy stocks. So what is he buying?
Belgian brewer InBev, the world's second-biggest by volume, could start talks with rival Anheuser Busch on a possible merger bid Tuesday, according to a published report.
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Oil's relentless ascent finally pushed stocks over the edge, abruptly snapping the market's two-month rally. The Dow dropped 3.9% for the week, dragged down by GM's 15% decline. Crude jumped $6 this week, settling at $132.19 a barrel. All U.S. financial markets are closed Monday.
For the week ending Friday, May 23, 2008, the U.S. Equity Markets ended the week down with all of the major indices off by more than 3% on continued concerns about high energy costs. Oil and gasoline continued to hit new record highs and the dollar declined against major currencies.
Stocks declined as a slightly-better-than-expected report on U.S. home sales offered a brief reprieve but proved no match for relentless oil prices. The Dow Jones Industrial Average and Nasdaq were on track to record their worst weekly percentage declines since mid-February.
Stocks pared some losses after a slightly better-than-expected report on U.S. home sales. Oil climbed above $133 a barrel.
Belgian brewer InBev, the world's second-biggest by volume, is working on a $46 billion bid for Anheuser-Busch, a Financial Times report said.