Daily business briefing: Experts predict A-B, SABMiller merger

October 29, 2013 

The Financial Post reports that industry experts are predicting a merger between Anheuser-Busch InBev and SABMiller could take place within the next year. The St. Louis Business Journal cites the story, which indicates that the merger is not a question of if, but when. Both AB InBev and SABMiller have declined to comment. Read more at http://www.bizjournals.com/stlouis...


Employers will be recruiting employees at a upcoming job fair for the Ballpark Village Executive Team. FOX 2 reports that the first job fair will be 3 to 7 p.m. Nov. 13 at the SLATE Downtown office. SLATE staff is expected to start referring candidates for the approximately 700 open positions in January 2014. Find out more at http://fox2now.com/2013/10/29/ballpark-village-jobs-available/...


Olin Corp.'s Winchester business has reported the highest level of quarterly earnings in its history. The company's reported net income of $69.7 million for the third quarter, up more than 140 percent from $28.7 million in the third quarter of 2012. Learn more at http://www.bizjournals.com/stlouis...


BP has reported a 34 percent drop in third-quarter net profit, but will increase its quarterly dividend and divest another $10 billion in assets. The UK oil company blamed a drop in refining margins for the decrease in net profit. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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