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

Belleville News-Democrat is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service