AB stock briefly fell to 54 in big selloff this morn before rebounding back to 57 by end of day. Still, AB stock down 14% in last mo and trading near 20% below InBev offering price. Share price reflects “continued jitters about the deal,” wrote Dow Jones.
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RYE BROOK, N.Y.----Broadview Networks, a leading business communications provider, today announced that AB&T Telecom has signed a Master Agency agreement to offer Broadview’s comprehensive line of voice, data, security and other related services through its national network of technology partners.
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Swedish engineering firm Sandvik AB Thursday announced a series of production cuts and layoffs, among which 1,040 permanent workers in Sweden, saying the negative impact of the global financial crisis has accelerated in the fourth quarter.
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Nov. 20 (Bloomberg) -- Sandvik AB , the world's largest maker of cutting tools, will eliminate 1,500 jobs in its materials division and is cutting 900 temporary positions after demand from automotive and engineering customers fell ``significantly.''
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Nov. 20 (Bloomberg) -- Nordea AB , Svenska Handelsbanken AB and SEB AB, Sweden's biggest banks, are drawing fire from government officials for shunning the state's plan to bolster the financial system by guaranteeing their debt.
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Associated British Foods confirmed it has reached an 'in principle' agreement to buy Ebro Puleva's Spanish sugar business but said there can be no certainty that a binding deal will be concluded.
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STOCKHOLM, Sweden----Regulatory News:
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