Brewers

In a planned transition consistent with the Company's by-laws, Molson Coors Brewing Company (NYSE: TAP) today announced that Andrew Molson, the current vice chairman of the Molson Coors board of directors will assume the role of chairman, and Pete Coors, current chairman, will assume the role of...

The four BRIC countries are Brazil, Russia, India, and China, with Brazil being the leader of the group. Brazil is one of the largest countries in the world by both population and area and is the largest economy in Latin America. It is also the largest producer of ethanol in the world, which comes...

Boston Beer Company (SAM)- Trailing-12-Month Revenue- $471.9 million, Return on Equity (Average, Past 3 Years)- 20.5%, Cash/Debt, $45.3 million / $0, Competitors- Anheuser-Busch (BUD), Molson Coors (TAP). Boston Beer Company is trading at a price of $84.15, a dramatic change of -0.87 with %...

Raymond James upgraded shares of Heritage Oaks Bancorp (HEOP), a holding company for Heritage Oaks Bank (the Bank) from an “underperform” rating to a “market perform” rating. Raymond James upgraded shares of Kendle International (KNDL), a global clinical research organization (CRO) that provides...

Beer stocks have pulled back in the past few days, several of them from at or near 52-week highs. It would be easy to point to Tuesday's disappointing first-quarter results from Molson Coors (NYSE: TAP), blamed on rising costs and flat sales. But others, including Anheuser-Busch InBev (NYSE: BUD),...

Goldman Sachs has lowered its price target on The Boston Beer Company (NYSE: SAM) from $94 to $90 based upon lower estimates to reflect a 1Q11 miss. In the report, Goldman Sachs cites three reasons for the lowered estimates: ‘(1) We expect depletion growth of around 8.4% for the full year… (2)...

Boston Beer (NYSE: SAM) Reports Q1 EPS $0.28 vs. $0.45; Revenues $102.2M vs the $101M Estimate.

Molson Coors Brewing (NYSE: TAP) released Q1 ‘11 EPS of $0.43 that J.P. Morgan reports was in line with its estimate of $0.44. “Better FX drove upside to our revenue estimate while topline fundamentals were weaker in Canada and slightly better in the UK,” Jefferies writes. “Lower spending helped...

Cusick's Corner With the market teetering on a potential short-term pullback and volatility on the move, strategists may want to brush up on in-the-money calendar spreads. If you are short-term bearish and long-term bullish, selling the front month in-the-money option against the longer term long...

Cusick's Corner Defense is in play. The VIX continues higher, 3 up days in a row, Financials (XLF) and Tech (QQQQ) lag and are now well behind Consumer Staples (XLP) and Healthcare (XLV). There's been a rush to Consumer Staples like toothpaste, beverages, soap, and Drugs (not the illegal kind!),...

Molson Coors (NYSE: TAP) CFO States Company Has Hedges in For Commodity Inputs

Molson Coors (NYSE: TAP) CFO States Company is Seeing "Significant" Input Cost Challenges

Pfizer Inc (NYSE: PFE) reported a 10% rise in its first-quarter profit. The company's profit came in at $2.22 billion, or $0.28 per share, versus $2.03 billion, or $0.25 per share, in the year-earlier period. The company's adjusted earnings came in at $0.60 per share. The company's revenue dropped...

Molson Coors Brewing (NYSE: TAP) Reports EPS of $0.44 vs. $0.45 Estimate; Revenues $690.4M vs. $685.69M Estimate

Legg Mason Inc (NYSE: LM) is expected to report its Q4 EPS at $0.45 on revenue of $712.27 million. Mastercard Incorporated (NYSE: MA) is projected to report its Q1 EPS at $4.10 on revenue of $1.46 billion. Las Vegas Sands Corp (NYSE: LVS) is expected to report its Q1 EPS at $0.44 on revenue of...