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Jim Cramer Cheers Boston Beer Company And Truly
Friday, April 23, 2021 - 11:47am | 237Read More...Boston Beer Company Inc (NYSE: SAM) has done a great job taking market share in the hard seltzer category, Jim Cramer said Friday on CNBC's "Squawk On The Street." What Happened: Boston Beer reported first-quarter earnings on Thursday that exceeded expectations. The...
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Anheuser Busch's CEO On Hard Seltzer: 'Gift For The Beer Industry'
Thursday, March 18, 2021 - 9:34am | 384Read More...Seltzer is among the fastest-growing categories within the beer, spirits and wine category and should continue growing at a double-digit pace in 2021, Anheuser Busch Inbev SA (NYSE: BUD) CEO Michel Doukeris said Wednesday on CNBC's "Closing Bell." What Happened: Ab-InBev launched...
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Stella Artois Wants You To Invest In Adventures, Experiences And Memories
Tuesday, March 16, 2021 - 4:55pm | 355Read More...Beer company Stella Artois wants the public to take a step back from their stock portfolios and remember what is a more important investment. What Happened: Stella Artois, one of the many beer brands under Anheuser Busch Inbev SA's (NYSE: BUD) umbrella, launched a new mock financial services...
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Bud Light Remains The King Even On Social Media
Monday, March 8, 2021 - 7:15pm | 377Read More...Twitter Inc (NYSE: TWTR) is one of the two go-to destinations for beer companies to market their brand, according to real-time competitive analytics firm BrandTotal. Constellation Is Winning The Battle: Twitter, along with Facebook Inc.'s (NASDAQ: FB) Instagram platform, are the two...
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Morgan Stanley Cheers Boston Beer Company And Its 'Compelling Long-Term Growth Story'
Monday, March 1, 2021 - 1:28pm | 399Read More...Sam Adams beer maker and Truly hard seltzer's parent company Boston Beer Company Inc (NYSE: SAM) offers investors an under-appreciated but "compelling long-term growth story," according to Morgan Stanley. The Boston Beer Company Analyst: Filippo Falorni initiated coverage of Boston...
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Beer Is Back, AB InBev CEO Says At-Home Sales Helped Growth
Thursday, February 25, 2021 - 6:01pm | 376Read More...Beer giant and Budweiser parent company Anheuser Busch Inbev NV (NYSE: BUD) ended 2020 on a stronger note compared to the first-half as volume returned to growth, AB InBev CEO Carlos Brito said on CNBC's "Squawk Box." From COVID-19 Pandemic Restrictions To Growth: The first half of...
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Heineken CEO: 'It Will Take Time To Get Out Of The Pandemic,' Expects Job Cuts, But Bullish On Future
Wednesday, February 10, 2021 - 12:27pm | 383Read More...Beer giant Heineken N.V. (OTC: HEINY) is operating under the assumption that "it will take time to get out of the pandemic," Heineken CEO Dolf van den Brink told CNBC. Full Year Results And Outlook: Heineken reported Wednesday morning full-year 2020 results, highlighted by an 11.9%...
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Goldman Finds Six Reasons To Include Constellation Brands In Conviction List
Tuesday, February 9, 2021 - 12:05pm | 351Read More...Alcohol beverage company Constellation Brands, Inc. (NYSE: STZ) has a path to show "faster and more profitable growth" for six reasons and investors should be buyers of the stock, according to Goldman Sachs. The Constellation Brands Analyst: Bonnie Herzog maintains a Buy rating on...
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Molson Coors Partners With CKBG On Sugar-Free Alcoholic Beverages
Tuesday, January 26, 2021 - 6:37pm | 343Read More...Molson Coors Beverage Company (NYSE: TAP) has partnered with CKBG to bring their brand Superbird to 10 new markets in spring 2021. What Happened: Molson Coors announced Tuesday that it will be partnering with CKGB to bring a 100% agave tequila-based cocktail to market...
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Corona Beer Sales Reportedly Unaffected By Unfortunate Name Association
Tuesday, December 22, 2020 - 2:51pm | 384Read More...Marketing executives at Corona beer's parent company Constellation Brands, Inc. (NYSE: STZ) were concerned in early 2020 the brand's unfortunate name resemblance with the coronavirus would impact sales, The Wall Street Journal reported. 'Added Layer' Of Pressure: As the coronavirus...
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Molson CEO: 'We Know How To Operate In The Middle Of A Pandemic'
Wednesday, November 25, 2020 - 3:55pm | 359Read More...The start of 2020 was a tough period for beer maker Molson Coors Beverage Co (NYSE: TAP), but the sentiment has improved in recent months, CEO Gavin Hattersley said Wednesday morning on CNBC's "Squawk Box." What Happened: Molson's management had to adapt quickly and figure out how...
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Why This Constellation Brands Analyst Sees Beer Rebound Ahead
Tuesday, November 3, 2020 - 1:15pm | 340Read More...Beer maker Constellation Brands, Inc. (NYSE: STZ) is showing early signs of a rebound after COVID-19 forced a shutdown of its Mexican brewery, Morgan Stanley said in an upgrade note. The Constellation Analyst: Dara Mohsenian upgraded Constellation Brands from Equal-weight to Overweight with an...
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Molson Coors Stock Chugs Along After Big Q3 Beat
Thursday, October 29, 2020 - 9:16am | 352Read More...Shares of Molson Coors Beverage Co (NYSE: TAP) gained more than 3% after the alcohol maker reported a top-and-bottom line third-quarter beat. Q3 Beat: Molson said it earned $1.62 per share in the third quarter on revenue of $2.75 billion versus expectations of $1.01 per share and revenue of $...
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This Day In Market History: The Guinness IPO
Friday, October 2, 2020 - 7:29am | 283Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On this day 134 years ago, the Guinness Brewery went public on the London Stock Exchange. What Else Was Going On In The World: In 1886, Nikola Tesla founded Tesla Electric Light...
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Molson Coors CEO Talks New Coca-Cola Partnership: 'A Really Strong Portfolio'
Thursday, October 1, 2020 - 3:55pm | 411Read More...Beer maker Molson Coors Beverage Co (NYSE: TAP) and Coca-Cola Co (NYSE: KO) struck an agreement this week, and it should give Molson leadership status in the seltzer market, CEO Gavin Hattersley said Wednesday on CNBC's "Closing Bell." Financial Benefits For Molson: Molson will...
















