In the News: Fosters, Morgan Stanley, PepsiCo + more

Posted by Dale Buss on August 23, 2010 09:00 AM

* SABMiller and Asahi are eyeing Fosters (sending shares higher), but no formal bids have been placed.

* Morgan Stanley is the first Wall Street firm to offer research-on-the-go via Apple's app store.

* PepsiCo tries to rekindle demand for its Pepsi Max low-calorie brand.

* Tesco tests UK's first drive-through supermarket.

* UBS features astronaut Neil Armstrong, starchitect Zaha Hadid and fast cars in new advertising campaign.

* HP is hoping to outbid Dell for 3Par with today's $1.3 billion bid.

* HSBC is in talks for a $6.8 billion majority stake in South Africa's Nedbank.Continue reading...