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Anheuser Busch To Sell MillerCoors Stake As It Formalizes SABMiller Purchase
Wednesday, November 11, 2015 - 9:51am | 371Read More...Anheuser Busch Inbev SA (ADR) (NYSE: BUD) reached an agreement in principle to acquire SABMiller plc (OTC: SBMRY) back in October. ABInBev will also sell SABMiller's 58 percent stake in MillerCoors to Molson Coors Brewing Company (NYSE: TAP). InBev's acquisition of rival SABMiller...
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Does An AB InBev-SABMiller Merger Make Sense For Shareholders?
Wednesday, October 14, 2015 - 2:27pm | 425Read More...In a report issued Thursday, analysts at RBC Capital Markets look into Anheuser Busch Inbev SA (ADR) (NYSE: BUD)’s combination with SABMiller. The firm maintains a Sector Perform rating and 100 Euros price target on shares of Anheuser Busch Inbev SA (EBR:ABI). Shares of Anheuser...
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Bloomberg: Will Anheuser-Busch Explore M&A Opportunity Outside Of Alcohol?
Monday, October 13, 2014 - 11:56am | 245Read More...According to Bloomberg, alcoholic beverage maker Anheuser-Busch Inbev SA (NYSE: ABI) may have its eyes focused on acquiring SABMiller (NYSE: SAB), but could accept a consolation prize of PepsiCo, Inc. (NYSE: PEP). Anheuser-Busch has spent $90 billion in M&A activity over the last 10 years...
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#PreMarket Primer: Tuesday, September 16: World's Largest Brewers Could Join Forces
Tuesday, September 16, 2014 - 7:23am | 1096Read More...Anheuser 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 | 1085Read More...Over 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...
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3 Hot Takeover Targets In The Food And Beverage Industry
Tuesday, August 19, 2014 - 12:19pm | 694Read More...Coca-Cola's (NYSE: KO) announcement last week that it had acquired a $2.15 billion, 16.7 percent stake in Monster Beverage (NASDAQ: MNST) pairs the biggest soda company in the world with the biggest energy drink brand in the United States. Investor Reaction Positive The deal, two years...
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5 Big Beer Companies That Could Own The Craft Beer Movement
Tuesday, August 19, 2014 - 6:52am | 931Read More...The Brewers Association defines American craft brewers as "small, independent and traditional." The popularity of craft beers, however, is anything but small. In fact it has skyrocketed in the past few years. According to trade industry publication Beer Marketer's Insights, the...
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Market Wrap For June 10: Stocks Showed Little Change On Light Volume
Tuesday, June 10, 2014 - 4:41pm | 2151Read More...U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...
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Senate Banking Committee Hears Complaints About Big Banks From MillerCoors
Thursday, July 25, 2013 - 9:03am | 583Read More...Instead of “David versus Goliath,” the Senate Banking Committee had to sort out a “Goliath versus Goliath” scenario Tuesday, according to Reuters. Big aluminum buyers, represented by the second largest brewer in the U.S., charged that the largest banks in the country drove up their costs by...
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Barron's Recap (10/20/12): Technology Outlook
Monday, October 22, 2012 - 8:18am | 921Read More...This past weekend in Barron's online: who benefits as the PC era wanes, the prospects for Annie's, Texas Industries and National Oilwell Varco, as well as four rising dividend plays. Cover Story "Bye-Bye PCs" by Tiernan Ray. As the personal computer era wanes, this week's cover story says, Dell...
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Honda, Movado and Others Analysts Are Bullish On
Monday, May 14, 2012 - 6:41am | 1003Read More...Here is a quick look some dividend payers in the consumer goods sector that have a consensus recommendation of analysts of Strong Buy. The world's largest brewer, Anheuser-Busch InBev (NYSE: BUD), has seen its share price rise almost 31% in the past half year, despite pulling back a bit in the...
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Nine Beverage Stocks for a Thirsty Portfolio
Tuesday, August 23, 2011 - 10:17am | 836Read More...A thirsty portfolio might find a pick-me-up in one or more of these beverage stocks. All have had healthy momentum over the past year, though some have stumbled a bit with the recent market swings. Coffee Stocks Green Mountain Coffee Roasters (NASDAQ: GMCR) is up about 160% from a year ago,...
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Boston Beer Earnings Preview: Have Earnings Gone Flat?
Monday, August 1, 2011 - 10:57am | 610Read More...Boston Beer (NYSE: SAM) is scheduled to report its second-quarter 2011 results Tuesday, August 2, after the closing bell. The largest craft brewer in the U.S. has seen its market share increase even as overall beer consumption has fallen off. But earnings were disappointing in the past two quarters...
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Beer Stocks Pull Back from 52-Week Highs (TAP, BUD, ABV, SAM, CCU, FMX)
Friday, May 6, 2011 - 7:49am | 264Read More...Beer stocks have pulled back in the past few days, several of them from at or near 52-week highs. It would be easy to point to Tuesday's disappointing first-quarter results from Molson Coors (NYSE: TAP), blamed on rising costs and flat sales. But others, including Anheuser-Busch InBev (NYSE: BUD),...
