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Midday Market Report: 2/27/13

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  • Description

    Anheuser-Busch accused of watering down beer

  • Duration 1:23
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Overall durable goods orders for big items like.

An airplane Ella sharp five point 2% in January.

But here's the big -- if you -- aircraft that core capital goods index which is a closely watched measure of business spending.

Funding like machinery and software rose a solid six point 3%.

Targets under pressure its profits slipped in the all important holiday quarter.

Strong sales of food and some value priced items only partially offset weakness and -- collaboration with -- -- market.

Here -- across the US -- accused Anheuser-Busch and then the watering down Budweiser and Nikola and eight other beer brands.

In a class action suit seeking millions of dollars in damages.

The lawsuits are based on information from former employees -- its US breweries the added water cut alcohol contents allegedly up to 8%.

Separately Anheuser reporting a profit decline of four point 9% in the fourth quarter and also forecast -- first quarter sales in the US and in Brazil.

Positive sentiment in Japan Japan's government has upgraded its economic assessment for the second McEnroe saying that industrial production has bottomed out and that the business mood is improving because in the declining -- more -- until foxbusiness.com.

In New York online -- minute.

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