- SAB.LAssociated Press•6 hours ago
The world's largest brewer, AB Inbev, expects to cut about 3 percent of its total workforce — equivalent to thousands of jobs — once it completes its huge takeover of its closest rival, SABMiller. The company headquartered in Leuven, Belgium, has about 150,000 workers while the London-based SABMiller claims to have around 70,000. It expects losses at SABMiller's current headquarters, as the new company will be based in Leuven and New York.
- MOZacks•7 hours ago
Altria Group, Inc.’s MO board of directors recently announced an 8% hike in its quarterly dividend to 61 cents per share. The new dividend will be paid on Oct 11 to shareholders on record as of Sep 15, 2016. The annualized dividend now amounts to $2.44
- financeCNBC•5 hours ago
The hedge fund billionaire tells CNBC the past 12 months were the "worst period of performance" of his career, and the implosion of Valeant was mostly to blame.