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.
Read more...
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.
Read more...
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.
Read more...
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.''
Read more...
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.
Read more...
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.
Read more...
STOCKHOLM, Sweden----Regulatory News:
Read more...