Some of Wednesday's midday movers:» Read More
Given events threaten to take down stocks at a moment’s notice, what’s an investor to do? One word: beer.
An undercurrent that’s been sorely missing from the stock market resurfaced on Wednesday. Cramer thinks you should factor it into your next move.
*Takeover of SABMiller seen costing nearly $122 bln. LONDON/ BRUSSELS, Sept 15- SABMiller's rejected bid for smaller brewer Heineken has revived talk about deals that could reshape the global beer industry in coming months. "We believe SABMiller could now be considered to be' in play' and view AB InBev as a potential acquirer," said Numis analyst Wyn Ellis.
U.S. stocks mostly held steady on Monday, but the Nasdaq Composite and technology shares fell.
*Yahoo gives up near 3 pct jump, volume high. Alibaba's could be the largest initial public offer in history and has seen "overwhelming" interest, meaning Yahoo's 23 percent stake could be worth more next week than it is now. Yahoo stock was falling 1.3 percent with 4.7 million shares already traded, after earlier hitting its highest in 14 years.
NEW YORK, Sept 15- Talk about further consolidation in the brewing industry was helping lift consumer staple stocks on the S&P 500, with the largest gainers Altria, in point terms, and Molson Coors, percentage-wise.
Heineken has outwitted SABMiller again –leaving insiders to describe the U.K.-listed company as "desperate" and "grasping at straws".
Brent crude oil fell to its lowest in more than two years, below $97 per barrel, weighed by a strong U.S. dollar and data showing China's factory output grew at the weakest pace in nearly six years in August.
NEW YORK, Sept 15- Yahoo was the most traded stock on the Nasdaq in premarket action on Monday as traders looked for ways to step in front of Alibaba Group's debut, expected on the NYSE later this week.
Some of the names on the move ahead of the open.
NEW YORK, Aug 6- Major U.S. stock indexes ended little changed on Wednesday, as tensions in Ukraine and Russia and a failed merger between Sprint and T-Mobile offset gains in consumer staples shares.
These two brewers should continue to serve up profits, says CNBC's Jim Cramer.
NEW YORK, Aug 6- U.S. stocks hovered near the unchanged mark on Wednesday in choppy trading as the potential for tension to escalate between Russia and Ukraine kept risk seekers in check.
Some of Wednesday's midday movers:
Lagunitas Brewing cut the ribbon on a 300,000-square-foot brew house and tap room in Chicago's Douglas Park neighborhood.
Fans at the MLB All-Star Game will get to pour themselves beer with the only self-serve technology in major U.S. sports.
Uncertain how to put money to work in a market that continues to flirt with all-time highs? Jim Cramer has a few ideas. Ten of them.
To unlock the Molson Canadian fridge, all you have to do is sing a song—specifically, the Canadian national anthem.
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