|Bid||78.03 x 800|
|Ask||78.04 x 1000|
|Day's range||77.83 - 78.45|
|52-week range||64.55 - 102.70|
|Beta (5Y Monthly)||0.84|
|PE ratio (TTM)||16.52|
|Forward dividend & yield||2.01 (2.59%)|
|1y target est||98.60|
Mauricio Leyva will leave as chief executive of Grupo Lala, the dominant Mexican dairy company, to join privately held JAB Holding to advise the acquisitive German investment group on its expanding consumer ...
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".
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.
Boston Beer (SAM) witnesses robust depletion and shipments owing to innovations, quality of products and strong brands. These have been aiding its quarterly performance.
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.
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.
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.
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.
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.
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.
BOSTON, Nov. 12, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors and whistleblowers nationwide, informs investors that.
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.
Chegg, C.H. Robinson Worldwide, Tilray, Anheuser-Busch InBev and Novartis highlighted as Zacks Bull and Bear of the Day
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...
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.
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).
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.