Wednesday, April 7, 2010 as of 11:14 AM ET
Molson Coors Brewing Company (; ) is a company that was created by the merger of two of North America's largest breweries: Molson of Canada, and Coors of the United States, on February 9, 2005. The Canadian subsidiary of Molson Coors Brewing Company is a part-owner of Brewers Retail Inc., operator of Ontario's The Beer Store retail chain.
Read More at Wikipedia ›SABMiller PLC (SAB.
LN) Thursday said consumer spending in mature beer markets remain subdued, even as the brewing giant posted a 75% jump in net profit, with higher revenue driven by volume growth in emerging economies and price increases.The London-based company, which has a secondary listing in Johannesburg, is benefiting from rising demand for premium beer across Latin America, Asia and Africa, where expanding adult populations and rising incomes are driving consumption.SABMiller makes about 70% of its earnings from developing economies--a higher level of exposure than its rivals, including Carlsberg AS (CARL-A.KO) and Heineken NV (HEIA.AE).The world's No. 2 brewer by revenue after Anheuser-Busch InBev NV (BUD) has compensated for a cutback in spending in North America and Western Europe, as well as escalating commodity costs, by promoting higher-margin premium beers, paring costs and raising prices in key markets to bolster margins."Trading conditions are expected to be broadly unc...Molson Coors Brewing Co. (TAP, TAPA) agreed to buy Central and East European brewer StarBev LP for EUR2.65 billion ($3.54 billion), edging ahead of a number of globa...
Molson Coors (NYSE:TAP) announced plans on Tuesday to scoop up Central and Eastern European brewer StarBev in a $3.54 billion acquisition that will add to the beer g...
MillerCoors LLC is reintroducing the tagline "It's Miller Time" as part of a marketing push this spring that aims to breathe new life into underperforming Miller Lit...
Molson Coors Brewing Co <TAP.N> said on Tuesday it will launch Coors Light Iced Tea and other new products, as the beer company fights to win a greater share of the ...
Molson Coors CEO Peter Swinburn on the company’s strong revenue growth, efforts boosting beer sales in emerging markets and increasing the company’s marketing investments.
Molson Coors Brewing (NYSE:TAP) revealed a 58% increase in fourth-quarter profit on Thursday and widely beat average estimates, as higher beer volumes and improved p...
Molson Coors Brewing shares gained 4% to $45.52 Thursday morning after the company posted a fourth-quarter profit of 97 cents a share, up 58% over the same 2010 peri...
The Oglala Sioux Tribe of South Dakota is suing some big brewers for $500 million in damages that their products have allegedly caused to its members, the Associated...
Last year was crummy for most bank stocks, but that didn't stop the American Beacon Mid Cap Value Fund (AACIX) from investing in financials and other stocks hit by t...
Boston Beer Co. (SAM) is springing into the new year with a new seasonal offering, as the craft brewer continues to experiment with new flavors, a strategy that has ...
SABMiller PLC (SAB.LN) Thursday posted a rise in third-quarter lager volumes, boosted by emerging markets, but said volumes in Europe fell due to fragile economic co...
Heineken has bought 918 British pubs from The Royal Bank of Scotland (NYSE:RBS), making it one of the leading pub owners and operators in the U.K.The deal is part of...
Coca-Cola Amatil Ltd. (CCL.AU) said Tuesday it expects net profit before significant items in the first half of fiscal 2012 to grow 4%-5% despite Australia's cool, w...
Molson Coors Brewing Co.'s (TAP, TAPA) first-quarter earnings slipped 4.1% as it shouldered costs tied to a recent acquisition and weaker-than-expected sales.Though ...
Molson Coors (NYSE:TAP) disclosed a 4.1% slide in first-quarter profits on Tuesday amid acquisition costs and weaker-than-expected sales, but the brewer's adjusted e...
After Chinese oil company Cnooc Ltd. (CEO) proved there was massive demand for high-quality emerging market bonds Wednesday, lesser-quality Asian companies are tappi...
SABMiller PLC (SAB.LN) Thursday said it is trading in line with expectations as the brewing giant posted a rise in beer volumes, boosted by its operations in emergin...
Anheuser-Busch InBev (NYSE:BUD) confirmed on Monday that it will acquire a 51% stake in the Dominican Republic brewer Cerveceria Nacional Dominca for more than $1.2 ...
Anheuser-Busch InBev (NYSE:BUD) is the front-runner to land Cerveceria Nacional Dominicana in a transaction that could value the brewer of Presidente beer at $2.5 bi...
