Beverages – Brewers

(TAP) Molson Coors Brewing Company Reaches 52-Week High

Shares of Molson Coors Brewing Co (TAP) reached a new 52-week high of $53.35 on May 17 following the announcement of its solid first quarter 2013 results on May 7. Shares of this global brewer closed at $53.32 on May 17, recording...

31Jul2013 | | Comments Off on (TAP) Molson Coors Brewing Company Reaches 52-Week High | Continued

(FMX) Fomento Economico Mexicano S.A.’s Profit Rises in Third Quarter

Driven by robust segmental performance, Fomento Economico Mexicano S.A. (FMX) – also known as FEMSA – reported better-than-expected third-quarter 2012 result. This largest franchise bottler for Coca-Cola Company...

28Nov2012 | | Comments Off on (FMX) Fomento Economico Mexicano S.A.’s Profit Rises in Third Quarter | Continued

(ABV) Companhia de Bebidas das America Posts Robust 2012 Third Quarter Results

Brazilian beer giant, Companhia de Bebidas das America (ABV), also known as AmBev, reported robust third-quarter 2012 normalized earnings of R$0.81 per share, substantially beating the prior-year quarter’s earnings...

24Nov2012 | | Comments Off on (ABV) Companhia de Bebidas das America Posts Robust 2012 Third Quarter Results | Continued

(ABV) AmBev – ADR – Bear of the Day

Anticipating negative impact on AmBev’s (ABV) future financial performance due to Brazilian government’s decision to raise taxes on beer, we are maintaining our long-term Underperform recommendation on AmBev. To shield...

16Oct2012 | | Comments Off on (ABV) AmBev – ADR – Bear of the Day | Continued

(ABV) Companhia de Bebidas Das Americas – ADR- Bear of the Day

We are downgrading our long-term recommendation on Companhia de Bebidas Das Americas, or AmBev (ABV) to Underperform, citing a negative impact on the company’s future financial performance due to the Brazilian...

10Jul2012 | | Comments Off on (ABV) Companhia de Bebidas Das Americas – ADR- Bear of the Day | Continued

(ABV) Companhia de Bebidas Das Americas Risk / Reward Balanced

Companhia de Bebidas Das Americas (ABV) akaAmBevis the leading brewer in Brazil, Canada, Argentina, Paraguay, Uruguay and Bolivia with a strong portfolio of globally recognized brands, such as Brahma, Skol, Antartica, Quilmes, Labatt,...

20Apr2012 | | Comments Off on (ABV) Companhia de Bebidas Das Americas Risk / Reward Balanced | Continued

(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,...

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....

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...

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...

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...

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...

18Aug2010 | | 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...

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...

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...

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...

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....

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

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...

8Dec2009 | | 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 a 0.6% gain...

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 about...

15Sep2009 | | 0 comments | Continued