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Constellation Brands Rvenue Rises 8% on Beer Sales
2015-10-07 14:56:55| Beverages - Topix.net
Constellation Brands reported a better-than-expected quarterly profit, driven by higher sales of beers under its Corona and Modelo brands. Shares of the company, which also raised its adjusted profit forecast for the year ending February, rose about 3 percent to $134.99 in premarket trading on Wednesday.
Diageo offloads beer stakes to Heineken, ups Guinness Ghana Breweries control
2015-10-07 10:16:00| Daily beverage news and comment - from just-drinks.com
Diageo has sold off stakes in two beer businesses to Heineken for US$780.5m as it strengthens its grip on its Guinness brewery in Ghana.
Boston Beer Co's "Neutral" Rating Reaffirmed at Susquehanna
2015-10-04 07:36:49| Beverages - Topix.net
's stock had its "neutral" rating reissued by equities researchers at Susquehanna in a report released on Tuesday, MarketBeat Ratings reports. They presently have a $200.00 price target on the stock.
Tags: rating
boston
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How To Play InBev's Potential Mega-Deal And Global Beer Buzz With 'High Spirits' Motif
2015-10-03 10:59:46| Beverages - Topix.net
A possible plan to combine two of the world's biggest brewers has the beer industry on notice for a seismic shift. Earlier this month, SABMiller, the world's second-biggest brewer, confirmed that it is being courted by Anheuser Busch Inbev SA .
Tags: high
play
global
potential
This week in beer, featuring Heineken, the Rugby World Cup, Carlsberg and Kirin
2015-10-02 16:46:00| Daily beverage news and comment - from just-drinks.com
Here's a round-up of this week's top stories in the global beer & cider categories. We also have similar round-ups for soft drinks & bottled water and spirits & wine.
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