BUD - Anheuser-Busch InBev SA/NV
77.77 0.00 (0.00%)
After hours: 4:53PM EST
| Previous close | 78.77 |
| Open | 77.18 |
| Bid | 77.76 x 1100 |
| Ask | 77.78 x 1000 |
| Day's range | 76.90 - 78.23 |
| 52-week range | 64.55 - 102.70 |
| Volume | 1379767 |
| Avg. volume | 1,180,492 |
| Market cap | 152B |
| Beta (5Y Monthly) | 0.84 |
| PE ratio (TTM) | 16.49 |
| EPS (TTM) | 4.72 |
| Earnings date | N/A |
| Forward dividend & yield | 2.01 (2.56%) |
| Ex-dividend date | 2019-11-19 |
| 1y target est | 98.60 |
Reuters VideosRegulators could sink AB InBev's $11 bln asset sale to Asahi
The world's biggest brewer has a debt pile to match: around 100 billion dollars of it. But AB InBev's plans to pay down some of that by selling its Australia operations to Asahi may be in jeopardy. Australian regulators say a new combined entity would control two thirds of the local cider market. And could also raise competition concerns in the beer market there. AB's debt mountain stems largely from buying out rival SABMiller in 2016. The Belgian giant has been selling assets and took its Asian business public this year to raise funds. And hoped to close the 11 billion dollar sale of its Carlton & United Breweries arm in Australia in the first quarter of 2020. The deal would turn Japan's Asahi into the world number 3 - behind AB and Heineken. Regulators though say they won't make a final decision until March - one analyst told Reuters the deal's unlikely to get passed. The news left shares in both parties down over a per cent in early trading on Thursday (December 12).
Reuters VideosBeer suds to soap suds: alcohol turns into detergent
Alcohol-free beer is getting ever more popular. But that leaves brewers with a problem: what to do with all the booze removed from their beers? Now AB InBev thinks it's found a solution. It's teamed up with detergent maker Ecover to turn the leftover or 'rest' alcohol into washing-up liquid: David De Schutter is AB InBev's European head of innovation: (SOUNDBITE) (English) INBEV EUROPEAN INNOVATION AND TECHNICAL DEVELOPMENT DIRECTOR, DAVID DE SCHUTTER, SAYING: "In the beginning, when we were producing non-alcoholic beer, we had very little quantities of rest alcohol. So there was no real partners to find (to upcycle). But as those amounts were growing the brewery was asking us 'ok, what can we do with the alcohol, because it's piling up." The alcohol comes from AB InBev's Leffe and Jupiler brands. It makes up about a quarter of the resulting detergent. EcoVer developed the upcycling technique. Head of Innovation Tom Domen says there was one big problem: (SOUNDBITE) (English) ECOVER HEAD OF INNOVATION, TOM DOMEN, SAYING: "There's still a little bit of the beer smell that was in the alcohol. So this for us was also a challenge in, how can we mask that smell to make sure our product still smells nicely when you're doing your dishes. You don't want the kind of beer smell on your dishes." Now the brewer is finding other uses for its waste. About 1.3 million tonnes of leftover grains go the cattle industry for feed.
Reuters VideosMegabrewer AB InBev drags European shares lower
Shares in AB InBev tumbled as much as ten percent Friday (October 25). That after the world's largest brewer cut profit growth forecasts for the year. It says drinkers in Brazil and South Korea turned away from its beers in a weak third quarter. The maker of Budweiser, Corona and Stella Artois had previously forecast strong growth in core profits. Now it says that growth will be only 'moderate'. The Belgium-based company's third quarter profit was unchanged year-on-year at just under 5.3 billion dollars. Economic uncertainty in countries around the world has hit its strategy of pushing consumer towards more expensive beers. In South Korea AB InBev had to reverse price increases after rivals failed to follow suit. In Brazil it saw beer volumes drop three percent as competitors shipped their drink to consumers at a discount. On Friday the firm's big share slide contributed to a down morning for European equities.
- Reuters
AB InBev Australia asset sale to Asahi hits regulatory hurdle
It hoped to close the sale of Carlton & United Breweries (CUB) to Asahi in the first quarter of 2020. It also said Asahi may act as a competitive constraint on the two largest beer brewers - CUB and Lion - and has "the potential to be an even bigger threat in future".
- Zacks
Timing the Market, Is it Possible? - December 11, 2019
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- Business Wire
Sentera and AB InBev Partner for Sustainability and Grower Empowerment
Sentera today announced a long-term partnership with Anheuser Busch InBev SA/NV (‘AB InBev’), under which Sentera will deliver critical enabling technology for AB InBev’s SmartBarley platform which helps growers improve their productivity and secure the supply chain of the future.
- Zacks
Here's Why Boston Beer (SAM) Stands Out Amid Industry Peers
Boston Beer (SAM) witnesses robust depletion and shipments owing to innovations, quality of products and strong brands. These have been aiding its quarterly performance.
- Yahoo Finance
The biggest deals and attempted deals of the 2010s
As 2019 ends with major deals, Yahoo Finance looks back at the decade on the mergers and acquisitions in Corprorate America.
- Reuters
Exclusive: AB Inbev explores options for packaging ops - sources
NEW YORK/FRANKFURT (Reuters) - Anheuser-Busch InBev , the world's largest brewer, is exploring options for its packaging activities as it streamlines its portfolio and focuses on its core beverage business, sources close to the matter said. The company is working with Deutsche Bank on a deal for its U.S.-based canning activities which AB InBev inherited when it bought Anheuser Busch in 2008, the people said. Deutsche Bank has been hired to explore a sale of a minority stake or a joint venture for AB InBev's North American bottling and canning activities which could be worth $5-6 billion, one of the people said, adding that it was not aiming for an outright sale.
- Reuters
Beer suds to soap suds: waste alcohol finds use in green detergent
The next time you wash your dishes, you could find yourself up to your elbows in soap suds spiked with leftover alcohol, if the world's largest brewer and a environmentally friendly detergent firm have their way. Growing interest in alcohol-free lager, driven by demand for healthier drinks, had left Anheuser-Busch InBev with a problem - what to do with all the alcohol sucked out of its beer. "The brewery was asking us what can we do with the alcohol, because it's piling up, it's a large quantity, that's why we were looking for partners," AB InBev's innovation and technology director for Europe, David De Schutter, told Reuters.
- Reuters
UPDATE 2-Alibaba in solid Hong Kong debut, trades at small premium to New York
Alibaba Group's Hong Kong shares made a solid debut on Tuesday, trading 6.9% higher than their issue price and at a small premium to pricing in New York after marking the world's largest stock sale this year. The Chinese e-commerce giant has raised at least $11.3 billion from the secondary listing, which has been seen as a vote of confidence in Hong Kong amid six months of sometimes violent anti-government protests. The Hong Kong and New York stocks are fungible, which means investors can buy and sell the same shares on either exchange and that pricing on the exchanges are unlikely to diverge too far from each other.
- GlobeNewswire
Calling All Holiday Gifters: The Drinkworks Home Bar by Keurig® Is Now Expanding Across the U.S.
The company additionally announced that cocktail enthusiasts in Arizona, Washington, Minnesota, Nevada, Maryland and the District of Columbia now have the opportunity to preorder the Drinkworks Home Bar by Keurig®, with fulfillment beginning in 2020. The Drinkworks Home Bar by Keurig is a first-of-its-kind system that combines innovation and user-centric design, making it easy for consumers to prepare a variety of freshly made, bar-quality cocktails at home with the touch of a button. The Drinkworks Home Bar by Keurig calculates the precise amount of water and carbonation needed for each proprietary Drinkworks pod to deliver an exceptional cocktail experience every time.
- Zacks
Yes, You Can Time the Market. Find out How - November 20, 2019
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- GlobeNewswire
Calling All Cocktail Enthusiasts: Drinkworks and Brown-Forman Announce Partnership to Develop Co-Branded Cocktails
Today, beverage innovation company Drinkworks® and spirits and wine company Brown-Forman Corporation announced a partnership to develop signature cocktails for use in the Drinkworks Home Bar system. With the Brown-Forman and Drinkworks partnership, consumers will be able to enjoy their favorite cocktails made with their favorite brands.
- Zacks
AB InBev's Craft Brew Buyout to Boost Craft Beer Portfolio
AB InBev (BUD) agrees to buy the remaining stake in Craft Brew for $16.50 per share. The buyout is likely to strengthen AB InBev's position in the craft beer space.
- GlobeNewswire
Block & Leviton LLP Investigates Buyout of Craft Brew Alliance, Inc.
BOSTON, Nov. 12, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors and whistleblowers nationwide, informs investors that.
- Investing.com
Stocks - Linde, Walt Disney Rise Premarket; Tyson Foods Slumps
Investing.com - Stocks in focus in premarket trading on Tuesday:
- Reuters
Anheuser-Busch to buy out Craft Brew Alliance in $321 million deal
Shares of Craft Brew Alliance soared 122.6% to $16.32 after the bell, hovering near the offer price of $16.50 in cash. The deal is a reversal in stance by the world's largest brewer, which owns 31.2% stake in Craft Brew and had said in August it would not buy out the company. Craft Brew's portfolio of regional breweries and lifestyle brands is an addition to Anheuser-Busch and will help fuel the growth of craft beer category in the competitive beer industry in the United States, Anheuser-Busch said.
- Zacks
Chegg, C.H. Robinson Worldwide, Tilray, Anheuser-Busch InBev and Novartis highlighted as Zacks Bull and Bear of the Day
Chegg, C.H. Robinson Worldwide, Tilray, Anheuser-Busch InBev and Novartis highlighted as Zacks Bull and Bear of the Day
- Zacks
Tilray (TLRY) Set to Report Q3 Results: Will the Stock Continue to Plunge?
Tilray (TLRY) is set to report its third quarter results after the closing bell Tuesday, November 12.
- Zacks
New Highs, Uber Stock & Buy Boston Beer on Hard Seltzer Growth - Free Lunch
U.S. stock indexes hit new highs amid U.S.-China trade war progress. Quarterly earnings results, including Uber. The episode then closes with a look at why The Boston Beer Company (SAM) is a Zacks Rank 1 (Strong Buy) stock...
- Yahoo Finance
Boston Beer's hard seltzer Truly is about to pummel White Claw: analyst
Step aside, White Claw, a reborn Truly is coming for your sales.
- Zacks
AB InBev (BUD) Misses Earnings and Revenue Estimates in Q3
AB InBev's (BUD) earnings and sales lag estimates in third-quarter 2019 on soft revenue per hl, higher cost of sales, and year-over-year phasing of sales and marketing investments.
- Yahoo Finance
AB InBev, Citigroup, Softbank, GM, and Ford: Stocks to Watch
AB InBev, Citigroup, Softbank, GM and Ford are the companies the Yahoo Finance team is watching today.
