- Editor's PickDaniel Roberts•15 hours ago
Anheuser-Busch InBev (BUD), the biggest beer behemoth in the world, will at last get a prize it has wanted for many years, after SABMiller (SAB.L) shareholders backed a $100 billion takeover offer on Wednesday. Following US Department of Justice approval in July, the Brewers Association, an advocacy group that represents craft brewers, posted a statement on the deal that read in part, “We continue to believe that the merger of the world’s two largest brewers is bad for both the beer industry and consumers.” Many craft beer drinkers on Twitter pointed out that one in every four beers in the world will be AB InBev-owned. “Support real craft beer now more than ever,” said one.
- TheStreet.com•13 hours ago
If you don't have an aversion to investing in a tobacco company, this stock is one of the best growth-and-income plays you can find in any sector.
Altria Group, Inc. (MO)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||63.16 x 1000|
|Ask||63.40 x 500|
|Day's Range||62.90 - 63.55|
|52wk Range||55.01 - 70.15|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||21.95|
|Avg Vol (3m)||5,245,779|
|Dividend & Yield||2.44 (3.83%)|