Jim Cramer celebrates Cinco de Mayo by ranking one beer player as the king of the industry. » Read More
U.S. stock futures were higher this morning, building on a late afternoon comeback on Wall Street that saw the S&P 500 break a four-day losing streak and the Dow finish the day on the upside.
LONDON, Nov 11- Molson Coors expects to maintain is current strategy and investment grade rating following its $12 billion takeover of the U.S. MillerCoors joint venture, its chief executive told Reuters on Wednesday. Bolt-on acquisitions, such as the majority stake Molson bought last month in craft brewer Saint Archer, will remain on the table, CEO Mark Hunter...
*Sees savings of $1.4 bln from SABMiller takeover. BRUSSELS/ LONDON, Nov 11- Anheuser-Busch InBev, the world's biggest brewer, launched its $100 billion- plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval. AB InBev has also reached an agreement to sell SABMiller's 58...
*Boards of Anheuser-Busch Inbev SA/NV and SABMiller Plc are pleased to announce that they have reached agreement on terms of a recommended acquisition. *Deal for each SABMiller shareholder will be entitled to receive: for each SABMiller share: £44.00 in cash. Has agreed that SABMiller shareholders will be entitled to receive any dividends announced,...
*Anheuser-Busch InBev- Divestiture of SABMiller's interest in MillerCoors. *Announces agreement with Molson Coors for complete divestiture of SABMiller's interest in MillerCoors. *Molson Coors will acquire full ownership of Miller brand portfolio outside of U.S. and retain rights to all of brands in MillerCoors portfolio for U.S.
Nov 10- Molson Coors Brewing Co is nearing a deal to buy the rest of its U.S. joint venture with SABMiller Plc, as well as the rights to Miller brands internationally, for $12 billion, according to a person familiar with the matter. Molson Coors has been widely expected to make a bid for SABMiller's 58 percent stake in the joint venture known as MillerCoors LLC.
Nov 10- Molson Coors Brewing Co is nearing a deal to buy the rest of its U.S. joint venture with SABMiller Plc, MillerCoors LLC, for more than $10 billion, the Wall Street Journal reported on Tuesday. Anheuser-Busch InBev and SABMiller agreed last month to create a company making almost a third of the world's beer. Molson Coors is widely anticipated to make a bid for...
Nov 10- Molson Coors Brewing Co is nearing a deal to buy the rest of its U.S. joint venture with SABMiller Plc, MillerCoors LLC, for more than $10 billion, the Wall Street Journal reported. SABMiller holds a 58 percent stake in MillerCoors. Anheuser-Busch InBev and SABMiller agreed last month to create a company making almost a third of the world's beer.
Some of the names on the move ahead of the open.
U.S. stock futures were higher this morning, after Wall Street gave up early gains Wednesday as Fed Chair Janet Yellen reiterated before a House panel the possibility a December rate hike.
Markets will be laser-focused on Friday's October jobs report in the week ahead and may even look past more than a dozen scheduled Fed speeches.
The merger of AB InBev and SABMiller would create the biggest beer company in the world. Your beer is probably owned by one of these companies.
CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue for these companies.
The beer sector's potential "Megabrew" deal has industry players trying hard to work out what exactly the ramifications are for the entire sector.
Trading volume in a group of S&P 500 stocks surged Wednesday, as investors flocked to these names amid new developments.
Strong ISM nonmanufacturing data Wednesday helped cue up the bond market for a positive payrolls number.
Twenty years after it launched, the time is right for Blue Moon Brewing to put its own spin on an IPA beer.
Sponsors of the MLB All-Star game tend to see their stock rise during the game. Here’s the best bets, according to Kensho data.
Jim Cramer gives his opinion of caller favorite stocks at lightning speed.
From Thirstie to Drizly, a look at some of the start-ups promising alcohol delivery on demand.