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SBMRY vs. ETF Alternatives
SABMiller is one of the world's leading brewers with more than 200 beer brands and some 70,000 employees in over 75 countries. We also have growing businesses in soft drinks and we are one of the world's largest bottlers of Coca-Cola products.
Monday, Dec 162013, 11:10 AM
Monday, Dec 162013, 11:10 AM| Comment!
- Brewers and spirits sellers are on the move today along with most global markets.
- What to watch: The sector has been shifting more of its focus to emerging markets with North American and Europe seeing sluggish growth trends. In particular, aggressive moves from new brands are being made in Latin America and India.
- Advancers: SABMiller (SBMRY) +1.8%, Anheuser-Busch InBev (BUD) +2.1%, Diageo (DEO) +2.8%, Carlsberg (CABGY) +1.7%, Brown-Forman (BF.A, BF.B) +1.1%.
Tuesday, Jun 212011, 7:29 AMSABMiller (SBMRY.PK) says it will 'continue to seek engagement' with Foster's Group (FBRWY.PK) even after Foster's rejection this morning of SABMiller's $10B cash offer. Analysts expect SABMiller to eventually come back with a higher bid. In London, SABMiller -3.5%. Foster's +13.5% in Australia. |Tuesday, Jun 212011, 7:29 AM| Comment!
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Ocean Man:: They posted a very impressive quarter last week. Long.