Beverages – Brewers

(TAP) Molson Coors Brewing Joins Cobra India to Tap Asia

Molson Coors Brewing Co. (TAP) announced that it has joined with Cobra India to form a company called Molson Coors Cobra India, to brew and market Cobra beer in South Asia including India, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka. The joint venture will be... 

26Jun2011 | | 0 comments | Continued

(ABV) AmBev – Brazilian Beverage Giant Provides BRIC Exposure with ADR

Companhia de Bebidas das Americas AmBev (ABV), based in São Paulo, is engaged in producing, distributing and selling beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in many countries across the Americas. It maintains an agreement with PepsiCo... 

15Jun2011 | | 0 comments | Continued

(TAP) Molson Coors Brewing Goes Light with Sublime

Molson Coors Brewing Co. (TAP) now produces and markets Molson Canadian 67 Sublime, a premium light beer with citrus flavor, containing not more than 67 calories in each 341ml bottle. It has 3% alcohol. The beer is now on the shelves at select retailers and establishments across... 

13Apr2011 | | 0 comments | Continued

(ABV) Company News for December 15, 2010 – Corporate Summary

• Joy Global (NASDAQ:JOYG) reported fiscal fourth quarter earnings of $1.39, ahead of the Zacks Consensus Estimate of $1.16, on revenues of $1.05 billion that topped the Zacks Consensus Estimate of $925.0 million. The firm provided upside 2011 guidance of $5.00-$5.30, above... 

15Dec2010 | | 0 comments | Continued

(FMX) Fomento Economico Mexicano – Bull of the Day

Fomento Economico Mexicano (FMX) is the largest Coca-Cola bottler in Latin America and commands a strong portfolio of well-established brands. The company’s earnings from continuing operations jumped 29.7% y-o-y in the second quarter of 2010 driven by higher sales and robust... 

18Aug2010 | | 0 comments | Continued

(FMX) Fomento Economico Mexicano – Bull of the Day

Fomento Economico Mexicano (FMX) is the largest Coca-Cola bottler in Latin America and commands a strong portfolio of well-established brands. The company’s earnings from continuing operations jumped 29.7% y-o-y in the second quarter of 2010 driven by higher sales and robust... 

18Aug2010 | | 0 comments | Continued

(BUD) Budweiser: Because You Deserve What Every Individual Should Enjoy Regularly

by Tony D’Altorio, Investment U Research Friday, June 18, 2010 Anheuser-Busch InBev ADR (NYSE: BUD) controls about 22% of the global market. That makes it the world’s biggest brewer. Last month, the company reported better than expected first quarter profits. Earnings... 

6Jul2010 | | 0 comments | Continued

(SAM) Boston Beer Company – Analysts Raise Earnings Estimates

Boston Beer Company (SAM) fourth-quarter results from early March fell a pinch short of analyst expectations, but shares have since recovered and continue to trade near the 52-week high. Company Description Boston Beer Co. produces and sells low alcohol beverages Incorporatedluding... 

9Apr2010 | | 0 comments | Continued

(FMX) Fomento Económico Mexicano, S.A.B de C.V.-Heineken Deal Approved

The Comisión Federal de Competencia, the anti-trust regulating authority under the Ministry of Economy, Mexico, recently approved the deal between FEMSA, formally known as Fomento Económico Mexicano, S.A.B de C.V. (FMX), one of the largest brewers in the country, and Heineken... 

30Mar2010 | | 0 comments | Continued

(TAP) Molson Coors Brewing Company Analysts Downgrade to Underperform

We are currently downgrading shares of Molson Coors Brewing Company (TAP) to Underperform. The company’s susceptibility to the global economic downturn and predominant operations in mature, low-growth markets is adversely affecting its top-line potential. Moreover, intense... 

1Mar2010 | | 0 comments | Continued

(ABV) AmBev – Analysts Continue to Raise Full-Year Estimates

AmBev (ABV) is setting 52-week highs as analysts continue to raise full-year estimates on the heels of an excellent quarter. Company Description AmBev produces beer, soft drinks, and other beverages in Brazil. The company is best known for its licensing agreement with Anheuser-Busch,... 

15Jan2010 | | 0 comments | Continued

(FMX) Heineken N.V. to Own FEMSA Beer

Heineken N.V., the largest brewery in Europe, recently announced its plans to acquire the beer operations of FEMSA, formally known as Fomento Económico Mexicano, S.A.B de C.V (FMX), one of the largest brewers in Mexico. The deal involving an all-share transaction is valued at... 

12Jan2010 | | 0 comments | Continued

(SAM) Boston Beer Company – Earnings Estimates Advance

Boston Beer Co., Inc. (SAM) just hit a new 52-week high as shares rallied into the new year. Estimates are up on the company’s better than expected Q3 results from early November. Company Description Boston Beer Company, Inc. produces and sells specialty alcoholic beverages... 

6Jan2010 | | 0 comments | Continued

(ABV) AmBev – Companhia de Bebidas das Americas – Bull of the Day

Our long-term recommendation on Companhia de Bebidas das Americas, or AmBev (ABV), is Outperform. We anticipate the company perform well above the broader market. AmBev is the largest beverage company in South America and commands a strong portfolio of well-established flagship... 

8Dec2009 | | 0 comments | Continued

(FMX) Send Your Portfolio To Happy Hour With These Beer-Loving Stocks

by Tony Daltorio, Investment U Research After a decade of global consolidation, beer brewers have greedily hit just about every notable location. Except Mexico, that is – the ninth-largest beer market in the world. But Mexican beverage and retail conglomerate Femsa –... 

11Nov2009 | | 0 comments | Continued

(HON) Industrial Production Capacity is Comming Back

In August, industrial production rose 0.8% from July, and the July increase was revised from a gain of 0.5% to a gain of 1.0%. In manufacturing, production was up 0.6% following an upwardly revised gain of 1.4% in July (was 1.0%). Output at the country’s mines rose 0.5% following... 

16Sep2009 | | 0 comments | Continued

(FMX) Fomento SAB – Bull of the Day

We are reiterating our recommendation on Fomento (FMX) shares given its relative immunity from the global economic downturn. Being a producer of a low-cost, daily use product, and focused on domestic markets, FMX is less exposed to the global economic downturn. We are also optimistic... 

15Sep2009 | | 0 comments | Continued