Miller Profits Soar

SABMiller beat most of the Street's profit estimates as revenue and operating profits jumped 15%, and it managed to maintain margins even though costs were up, for its fiscal year ending March 31.A big part of SABMiller's growth in profits came from Miller Brewing Co. Miller's earnings before interest and taxes soared a surprising 27% by $102 million, from $375 million to $477 million, which includes an exceptional $30 million from the Ball settlement. Miller's overall domestic sales to retailers