A 4% drop in pint orders and higher prices may signal worse luck ahead for brewers, which rely on March to start a seasonal upswing.
eBay is initiated with an 'outperform,' and BroadSoft is downgraded at 2 firms.
With the Fed Chairman appearing again in Washington, markets are set for a steady open Wednesday morning.
Elan is upgraded to 'market perform,' and Affymax is downgraded to 'neutral.'
Constellation's Modelo win is huge, but in the overall brewing game, don't put too much emphasis on the American market.
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AB InBev is upgraded to 'buy,' and Colgate-Palmolive is initiated with a 'sell.'
The economic union reported worse than expected economic growth in the fourth quarter.
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