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I feel wonderful, drinking beer in a blissful mood, with joy in my heart and a happy liver.
Sumerian inscription, 3000 B.C.

        
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Citigroup Smith Barney has raised its rating on the shares of the UK's leading brewer, Scottish & Newcastle, from "sell" to "hold" on the back of the brewer's sale of its pub estate. Citigroup Smith Barney also reduced its price target for S&N from 345 pence to 340 pence.

10 October, 2003
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