Business

Budweiser brewer Anheuser-Busch InBev to sell off SABMiller's United States joint venture

We have a deep passion for and understanding of the MillerCoors brands, strategy and culture and believe this transaction is the ideal outcome for this business. Therefore, it becomes obvious that USA regulators would force SABMiller to sell off its 58% stake in MillerCoors in order to settle antitrust concerns.

Business

Mylan takeover attempt of Irish company failed

Pharmaceutical group Mylan's offer to acquire Ireland-based Perrigo has lapsed. Allegan city leaders say Perrigo contributes about $2 million a year in tax revenue. While Mylan and Teva sought to grow larger through acquisitions, Walgreens Boots Alliance Inc. struck a deal to buy fellow drugstore chain Rite Aid Inc., and CVS Health Corp.

Business

German airline Lufthansa cancels 941 flights due to strike

Lufthansa has now cancelled more than 4,000 flights due to strike action by cabin staff this week. "And all these strategic partnerships will help the Lufthansa Group further consolidate its leading position in all key markets", he added.

Business

California: Tornado Hits Town of Denair, Causes Damage

Parts of California saw rainy, blustery weather conditions Sunday, including a possible tornado that touched down in the Central Valley. The Stanislaus County Sheriff Department confirmed on Twitter there was a tornado. TID has tweeted that a few areas of town will have power restored within 2-3 hours, while other areas may be longer. The unusual weather comes as Northern California experiences a storm system for the third Sunday in a row.

Business

Blue Buffalo beats Street 3Q forecasts

Zacks upgraded shares of Blue Buffalo Pet Products from a "sell" rating to a "hold" rating in a report on Thursday, October 29th. On an adjusted basis, the company earned 17 cents a share, better than the 14 cents a share projected by analysts in a FactSet survey.

Business

New Mexico stuns Boise State 31-24

New Mexico vs Boise State Live Streaming, TV Channel, Scores, Start Time, College Football Preview New Mexico (4-4) travel at the Albertsons Stadium, Boise, ID to take on the Boise State (7-2) in a NCAA College Football match on November 14, 10:15 PM.