MillerCoors said it had uncovered a scheme in which two ex-employees allegedly embezzled millions of dollars.» Read More
The "Fast Money" traders share their final trades of the day.
LONDON, Feb 20- The London Metal Exchange risks having to repeat arduous preparations it made for reform of its global warehouse system if Russian aluminium giant Rusal wins a British judicial review on grounds including human rights.
Treasurys rose after two days of losses as softer-than expected US data rekindled the view that the Fed could pause in reducing its asset buying.
Molson Coors president and CEO Peter Swinburn, discusses consolidation and competition in the beverage and spirits business.
Some of Thursday's midday movers:
U.S. stock index futures signaled a lower open ahead of retail sales data and earnings from PepsiCo.
Winter weather probably took a bite out of January's retail sales, while jobless claims data may also be affected.
U.S. government bonds were lower on Thursday, unmoved by a clutch of data as markets geared up for the all-important monthly jobs report.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and some sarcastic reflections.
U.S. stock index futures pointed to a higher Wall Street open on Thursday, as markets gear up for the all-important monthly jobs data.
CNBC's Joe Kernen hikes up the mountain to check out the highest-altitude brewery in Switzerland.
As Anheuser-Busch InBev's Stella Artois takes its cider brand national, rival MillerCoors is preparing its own major cider launch.
The Jan. 15 hearing by a subcommittee of the powerful Senate Banking Committee is to include testimony by top oversight officials with the Federal Energy Regulatory Commission and the Commodity Futures Trading Commission and an official from the Federal Reserve's banking supervision arm.
LONDON, Dec 13- India's United Spirits could attract more buyers for its Whyte& Mackay Scotch whisky business and tip the price over the expected 450 million pounds if it included the single malt Dalmore, sources familiar with the matter say.
Today is the 80th anniversary of the repeal of Prohibition. The Twenty-First Amendment was ratified on December 5, 1933.
*LME, UK regulator meet with warehousing companies. LONDON, Dec 5- The London Metal Exchange has showed its teeth to guard industrial users of materials like aluminium against steep rises in charges by owners of warehouses in its global storage network.
At the heart of the issue are storage companies owned by big commodities merchants and Wall Street banks, which aluminum users including Coca-Cola Co and Miller Coors LLC allege have inflated prices and distorted supplies of key metals.
WASHINGTON, Nov 15- A top U.S. Justice Department official said on Friday the agency was "looking at" allegations that warehousing firms have made some metals more expensive by restricting their flow out of storage facilities, sometimes for months.
LONDON/ NEW YORK, Nov 15- In the mid-1990s the London Metal Exchange was embroiled in a criminal investigation after the discovery that a trader- nicknamed Mr 5 Percent for the share of the world's copper he reputedly controlled- had spent years manipulating its systems to hoard copper and boost the price.
By Maytaal Angel and Susan Thomas. LONDON, Nov 7- The London Metal Exchange, aiming to appease critics of its global storage network, on Thursday slashed the maximum queues for metal, beefed up its powers to act against market abuse and will review its agreement with warehouse owners.