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Top 4 NYSE Stocks In The Beverages-Brewers Industry With The Highest Operating Margin
Thursday, August 18, 2011 - 3:33am | 127Below are the top beverages-brewers stocks on the NYSE in terms of operating margin. The trailing-twelve-month operating margin at Anheuser-Busch Inbev SA (NYSE: BUD) is 30.66%. BUD's PEG ratio is 1.00. The trailing-twelve-month operating margin at China New Borun Corporation (NYSE: BORN) is 21....
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Credit Suisse Assumes Coverage On AmBev At Outperform
Friday, August 12, 2011 - 7:39am | 21Credit Suisse has assumed coverage on AmBev (NYSE: ABV) with an Outperform rating.
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Morgan Stanley Maintains Equal-Weight on AmBev
Thursday, August 11, 2011 - 7:59am | 125Morgan Stanley is out with its report today on AmBev (NYSE: ABV), maintaining Equal-weight. In its report, Morgan Stanley writes, "ABV's EBITDA in 2Q11 was in line with our estimate, as good pricing and tighter SG&A led to 110 bps of EBITDA margin expansion, despite weak volumes. Net income...
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Morgan Stanley Retains Equal-Weight Rating On Molson Coors Brewing
Wednesday, August 3, 2011 - 8:53am | 104According to Morgan Stanley, Molson Coors Brewing (NYSE: TAP) remains Equal Weight. Morgan Stanley said that it remains Equal-weight on TAP following weaker than expected Q2 results, as well as weak July STR trends, including a MSD (%) decline in Canada, a LSD (%) US decline, and a LSD (%) UK...
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UPDATE: Bank of America Downgrades Molson Coors Brewing from Neutral to Underperform
Wednesday, August 3, 2011 - 8:28am | 205Bank of America has published a report on Molson Coors Brewing (NYSE: TAP) lowering the rating from Neutral to Underperform. In the report, Bank of America wrote, "Many of the data points critical for healthy beer trends remain challenging in our view, including a lowered GPD outlook; weak beer...
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Bank of America Downgrades Molson Coors To Underperform
Wednesday, August 3, 2011 - 6:46am | 22Bank of America has downgraded Molson Coors Brewing (NYSE: TAP) from Neutral to Underperform.
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Thirsty For Molson Coors?
Tuesday, August 2, 2011 - 11:50am | 627Molson Coors Brewing Co. (NYSE: TAP) reported earning this morning that fell 6% in the second quarter, as they company's key demographic is struggling with high unemployment. The company reported earnings of $1.18 per share on $933.6 million in revenues. Wall Street analysts were expecting $1.29...
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Earnings Roundup
Tuesday, August 2, 2011 - 8:30am | 1919Archer Daniels Midland Co (NYSE: ADM) reported a decline in its fiscal fourth-quarter profit. Archer Daniels Midland reported its quarterly profit at $381 million, or $0.58 per share, down from $446 million, or $0.69 per share, in the year-earlier period. Analysts were expecting earnings of $0.85...
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UPDATE: Molson Coors Reports Downbeat Q2 Profit
Tuesday, August 2, 2011 - 7:14am | 89Molson Coors Brewing Co (NYSE: TAP) reported downbeat second-quarter profit. Molson Coors reported its quarterly profit at $222.8 million, or $1.19 per share, down from $237.2 million, or $1.27 per share, in the year-earlier period. Its adjusted earnings came in at $1.23 per share. Molson Coors'...
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Benzinga's Top Pre-Market Losers
Tuesday, August 2, 2011 - 6:54am | 100MetroPCS Communications Inc (NYSE: PCS) dipped 10.38% to $14.50 in the pre-market session. PCS reported downbeat Q2 profit. Archer-Daniels-Midland Company (NYSE: ADM) lost 6.10% to $28.62 in the pre-market session. ADM reported weaker-than-expected fiscal fourth-quarter profit. Pfizer Inc (NYSE...
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Molson Coors Announces Stock Repurchae Program of up to $1.2B
Tuesday, August 2, 2011 - 6:31am | 50Molson Coors Brewing Company (NYSE: TAP) announced today that its Board of Directors has approved a new program authorizing the repurchase, effective immediately, of up to $1.2 billion of the Company's Class B Common stock, with an expected program term of three years.
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US Stock Futures Signal Lower Start On Wall Street
Tuesday, August 2, 2011 - 5:29am | 518US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 49 points to 11,991.00 and S&P 500 index futures fell 6.50 points to 1,273.20. Nasdaq 100 futures dropped 10.25 points to 2,335.75. US stocks closed lower on Monday, with the Dow Jones Industrial...
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Earnings Scheduled For August 2
Tuesday, August 2, 2011 - 2:46am | 571Hyatt Hotels Corporation (NYSE: H) is expected to report its Q2 EPS at $0.15 on revenue of $910.14 million. Archer-Daniels-Midland Company (NYSE: ADM) is projected to report its FQ4 EPS at $0.85 on revenue of $20.43 billion. Coach Inc (NYSE: COH) is projected to report its Q4 EPS at $0.65 on...
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Greek Consumers Cut Alcohol, Fast Food as Austerity Bites
Tuesday, July 26, 2011 - 10:23am | 501By Justin Rohrlich Over the weekend, Athens newspaper Kathimerini ran a headline reading: “Alcohol and fast food are first to go for Greek consumers.” Quoting a recent study by the Boston Consulting Group, Kathimerini reports 58% of Greeks “are planning to reduce their food budget,” beginning...
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Top 4 NYSE Stocks In The Beverages-Brewers Industry With The Highest EPS Estimates
Monday, July 25, 2011 - 3:38am | 148Below are the top beverages-brewers stocks on the NYSE in terms of earnings estimate for the next year. The earnings estimate for Compania Cervecerias Unidas SA (NYSE: CCU) for the next year ending December, 2012 is $4.38 per share. CCU's PEG ratio is 1.21. Anheuser-Busch Inbev SA (NYSE: BUD) is...