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Tobacco major $MO announced its support to the $107Bil merger between Anheuser-Busch InBev and SABMiller. $MO expects to receive 10.5% stake in the combined beer company and about $2.5Bil in cash. This transaction provides $MO with two seats on the new company's BoD, it said.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.