On Tuesday, Shares of Ambev SA (ADR) (NYSE:ABEV), lost -1.48% to $6.00.
Ambev SA, said on Tuesday it had bought craft brewer Colorado for an unrevealed sum, ongoing its new strategy of buying premium brands amid stagnant sales volumes in South America’s biggest beer market, according to Reuters.
Ambev, the Brazilian unit of Anheuser-Busch InBev SA , snatched up Brazilian craft brewer Wäls in February, folding it into its higher-end Bohemia division. In May, Ambev bought Colombia’s largest craft brewer, the Bogotá Beer Company. Reuters Reports.
Ambev S.A., through its auxiliaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. The company operates through Latin America North, Latin America South, and Canada segments.
Shares of Canadian National Railway (USA) (NYSE:CNI), inclined 0.45% to $57.91, during its last trading session.
CN, will issue its second-quarter 2015 financial and operating results on July 20, 2015, at 4.01 p.m. Eastern Daylight Time (EDT).
CN’s senior officers will review the results and the railway’s outlook in a webcast/conference call starting at 4.30 p.m. EDT July 20. Claude Mongeau, CN president and chief executive officer, will lead the call.
Canadian National Railway Company, together with its auxiliaries, engages in rail and related transportation business in North America. It offers transportation services that comprise rail, intermodal container, and trucking services; and supply chain solutions, counting warehousing and distribution, cargoflo, logistics parks, freight forwarding, customs brokerage service, industrial development, and marine services.
Finally, Loews Corporation (NYSE:L), ended its last trade with 0.67% gain, and closed at $38.86.
Diamond Offshore Drilling, declared that it will issue a press release and host a conference call and webcast related to its second quarter 2015 operating results on Monday, August 3, 2015. The conference call and webcast will start at 7:30 a.m. CDT and will comprise a discussion by administration regarding the Company’s results of operation.
Loews Corporation, through its auxiliaries, operates as a commercial property and casualty insurance company primarily in the United States. The company offers administration and professional liability insurance and risk administration services, and other specialized property and casualty coverages; commercial surety and fidelity bonds; and warranty and alternative risk services primarily for vehicles and portable electronic communication devices.
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