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Shares of top U.S. beermaker Anheuser-Busch(BUD Quote) made modest gains in a turbulent market Wednesday, after topping Wall Street's expectations for third-quarter revenue and profit.
The St. Louis-based brewer of Budweiser beer posted net income of $707 million, or 95 cents a share, vs. $638 million, or 82 cents a share, in the year-ago period. The company reported net sales of $4.62 billion, vs. $4.28 billion a year ago.
Analysts polled by Thomson Financial expected earnings of 92 cents a share on revenue of $4.51 billion. ...
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