Anheuser-Busch Begins Defense of InBev Bid
Posted by: webmaster on Friday, June 27, 2008 - 04:04 PM
The Anheuser-Busch Companies on Friday detailed its plan to make the company more valuable than the offer of $65 a share that it rejected from its rival InBev of Belgium, and gave 2008 and 2009 profit guidance above analyst expectations.
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Stocks Waver After Big Decline
Posted by: webmaster on Friday, June 27, 2008 - 03:55 PM
NEW YORK (AP) -- Stocks slumped again Friday after a sharp dive in the previous session, with investors anxious about a new oil price record and dubious that personal income and spending will remain resilient.
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