AB InBev Sees Boost in Shares as Debt Falls
AB InBev’s Q4 profits beat expectations, with the company reporting an 8% surge in shares. The brewer’s debt reduction efforts have been successful, falling to a range that investors consider acceptable. Pricier labels like Corona and Michelob Ultra contributed to the company’s all-time high revenues. AB InBev’s Q4 profit exceeded forecasts, driven by cost management … Read more