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Well-Known Hedge Fund Manager Takes On Challenge Of Brewing Beer In Economically Devastated Lebanon
Monday, July 10, 2023 - 5:09am | 415Philippe Jabre, a well-known hedge fund manager, has taken an unexpected turn in his career by buying back his family business, Brasserie Almaza, a brewery established by his grandfather 90 years ago. Jabre, once a prominent figure in Europe’s hedge fund trading scene, is now the third-...
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Bill Gates Isn't A 'Big Beer Drinker,' But Just Bought A 4% Stake In This Global Brewery
Wednesday, February 22, 2023 - 4:56pm | 759One of the most well-known and richest people in the world could be betting big on the growth of beer and non-alcoholic beer. Here’s the brewer that Bill Gates is now investing heavily in. What Happened: Gates, the renowned entrepreneur who co-founded Microsoft, has acquired a 3.8% stake in...
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Why Did Cristiano Ronaldo, Paul Pogba Reject Coca-Cola And Heineken?
Wednesday, June 16, 2021 - 10:55am | 652The Euro 2020 soccer tournament is underway and each of the 24 teams has completed at least one match. An injury to Christian Eriksen has been the big story of the tournament so far, followed closely by two advertisers of the tournament losing potential brand awareness. What Happened: Before...
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Heineken CEO: 'It Will Take Time To Get Out Of The Pandemic,' Expects Job Cuts, But Bullish On Future
Wednesday, February 10, 2021 - 12:27pm | 383Beer giant Heineken N.V. (OTC: HEINY) is operating under the assumption that "it will take time to get out of the pandemic," Heineken CEO Dolf van den Brink told CNBC. Full Year Results And Outlook: Heineken reported Wednesday morning full-year 2020 results, highlighted by an 11.9%...
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Heineken CEO On Brewer's 'Tale Of Two Stories' During Pandemic
Monday, August 3, 2020 - 4:28pm | 478Beer maker Heineken N.V. (OTCQX: HEINY) is experiencing a "tale of two stories," as off-premise sales are rising at a double-digit rate, but the on-premise business that represents around 35% to 40% of total sales is "highly impacted" by the COVID-19 pandemic, Heineken CEO...
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A Dutch Brewing Company And Grocery Conglomerate Were 2 Of The Most Actively Traded Securities On OTC Markets In December
Friday, January 10, 2020 - 8:29am | 1189The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Two Dutch companies were among the most actively traded securities on OTC Markets in December, the first time all year that companies from...
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Highlights From The Deutsche Bank ADR Virtual Investor Conference
Monday, December 9, 2019 - 7:16am | 1624The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Nine international companies recently made their pitch to investors at the Deutsche Bank Depositary Receipts Virtual Investor Conference,...
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These OTC Market-Traded Securities Had The Largest Volume Increases In August
Monday, September 30, 2019 - 9:01am | 1421This article is from Benzinga’s Partner Content team Roughly 5.7 billion shares traded on the OTCQX Best Market in August, the most transparent of OTC Markets’ three tiers. That volume was 3.5x the volume on the second tier, the OTCQB Venture Market, which had 1.6 billion shares trade...
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What Some Of The Largest Companies On OTC Markets Said In Their Most Recent Earnings Reports
Thursday, August 29, 2019 - 10:32am | 688This post is from Benzinga's Partner Content team As August winds down, so too does the second quarter earnings season. So, we thought we’d take a look at what some of the companies with securities that trade on OTC Markets had to say about their June quarters. For the sake of brevity...
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The 10 Best-Performing Billion Dollar Companies On The OTC Markets In Q1
Tuesday, April 30, 2019 - 11:16am | 736In February we wrote about the six major indices that can be used to help track the performance of securities on OTC Markets. For this article, we’re going to look a little closer at one of those indices—the OTCQX Billion+ Index, which tracks the performance of the billion-dollar...
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Hi-Fi Hops: Lagunitas To Launch Cannabis-Infused Sparkling Water In July
Wednesday, June 27, 2018 - 4:04pm | 462Two trends — sparkling water and recreational cannabis — are joining forces forces in a new beverage. What Happened Heineken N.V. (ADR) (OTC: HEINY)-owned Lagunitas Brewing company will debut a THC-infused sparkling water beverage, Hi-Fi Hops. The product is an IPA-inspired, THC-...
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Michigan's Short's Brewing Company Sells 20% Stake To Heineken
Wednesday, July 26, 2017 - 1:31pm | 484Short’s Brewing Company, the northern Michigan-based craft brewery behind Soft Parade and Huma Luma Licious, is selling a 19.9 percent stake to Heineken-owned Lagunitas Brewing Company. Lagunitas U.S. Holdings — LUSH — is founded on the principle of building relationships with and...
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Beverage Giants Are Snatching Up Drink Brands, But The Bottom Of The Barrel Isn't In Sight
Tuesday, September 22, 2015 - 3:16pm | 478Recent M&A trends in the alcoholic beverage space highlight the popularity of craft beer. Sterne Agee CRT believes that larger beer names will continue to look for craft buyout targets. The Coca-Cola Co (NYSE: KO)’s investment in Suja is an indication of its continued focus on exposure...
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#PreMarket Primer: Tuesday, September 16: World's Largest Brewers Could Join Forces
Tuesday, September 16, 2014 - 7:23am | 1096Anheuser Busch Inbev SA (NYSE: BUD) is looking to finance a near $122 billion takeover bid for rival SABMiller plc (LON: SAB), something that would bring the world’s two largest brewers together. Reuters reported that although Anheuser Busch hasn’t formally begun negotiations with...
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#PreMarket Primer: Monday, September 15: Cameron Vows To Destroy ISIS
Monday, September 15, 2014 - 7:54am | 1085Over the weekend, British Prime Minister David Cameron promised to do whatever it takes to dismantle the extremist Islamic State militants in Iraq and Syria after the group released another beheading video, this time a British aid worker. Though Cameron pledged his full support in combating the...