|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||74.36 - 77.72|
|52 Week Range||56.32 - 91.14|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||22.49|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||2.00 (2.75%)|
|1y Target Est||99.21|
A judge has ordered Anheuser-Busch to stop running annoying corn-syrup ads. Yahoo Finance's Ines Ferre has the story.
(Bloomberg) -- Budweiser Brewing Company APAC Ltd., the Asia Pacific unit of the world’s biggest brewer, starts gauging investor demand Monday for a proposed Hong Kong initial public offering.The arm of Anheuser-Busch InBev SA tentatively plans to meet investors through June 28, according to terms for the deal obtained by Bloomberg. The offering could raise at least $5 billion, people familiar with the matter have said.At $5 billion, the share sale would be the city’s second biggest this year if Alibaba Group Holding Ltd. goes ahead with its Hong Kong listing that could raise as much as $20 billion. The Chinese e-commerce giant filed confidentially with the city’s exchange to sell shares, Bloomberg New reported last week.Budweiser plans to use all the proceeds from the Hong Kong offering to repay debt in Korea in full and a shareholder loan to AB InBev partially, the terms show.Morgan Stanley and JPMorgan Chase & Co. are joint sponsors for the offering, according to a preliminary prospectus filed to the Hong Kong stock exchange.To contact the reporter on this story: Crystal Tse in Hong Kong at email@example.comTo contact the editors responsible for this story: Fion Li at firstname.lastname@example.org, Colin KeatingeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Rising nationalism in China stoked by the trade war could lead Chinese consumers to ditch American products, like Starbucks coffee, Nike sneakers and Apple iPhones.
Anheuser-Busch is trying a new tactic in Chicago to make drinkers more aware of a non-alcoholic brew.
Anheuser-Busch InBev (AB InBev), the world's largest beer maker, said on Thursday it was opening a cybersecurity unit in Israel to help protect itself from a growing number of attacks. Israel is a leader in cybersecurity and many of the world's largest companies have opened centers there or acquired Israeli tech firms to defend themselves against hackers as the reliance on digital networks and cloud storage becomes more prevalent. AB InBev's Tel Aviv hub will focus on analyzing threats and potential attacks, said Luis Veronesi, vice president of global security and compliance.
On Monday, Credit Suisse initiated Molson Coors Brewing Co. Credit Suisse proposed two scenarios, one of which has the stock rising to $71, and another which projects the shares falling to $43. Molson Coors has been in a bear channel (blue lines) for about three years, consisting of numerous lower highs and lower lows.
The duopoly is broken. Amazon has displaced fellow tech companies Apple and Google, which since 2007 have held the top two places in the BrandZ ranking of the 100 most valuable global brands. The 52 per ...
Blockchain startup BanQu Inc. has raised $1.4 million and secured an investment from Anheuser-Busch's venture arm.
Today we'll take a closer look at Anheuser-Busch InBev SA/NV (EBR:ABI) from a dividend investor's perspective. Owning...
Beer is being marketed as a wellness drink to enjoy after a tough workout. The world’s biggest spirits company Diageo proudly markets Seedlip, a non-alcoholic, botanical-infused drink for those who eschew alcohol but want a gin-like flavour. Worldwide alcohol consumption fell 1.6 per cent to 27.6bn cases last year, according to IWSR Drinks Market Analysis, with the blame (or credit depending on your point of view) being laid on consumers’ desire for healthier lifestyles.
Closed for months after a kitchen fire, Golden Road Brewing in midtown Sacramento has applied for building permits to make repairs.
The Ontario government on Thursday passed legislation to end a contract with a beer retailer in Canada's most populous province calling it a monopoly, but business lobby groups say the abrupt cancellation discourages investment. Ontario's Progressive Conservative government's surprise proposal last month adds to its list of controversial decisions since coming to power last year, including spending cuts to healthcare and education. The new government is trying to rein in borrowing, which at C$346 billion ($259 billion) in net debt makes it the world's biggest issuer of sub-sovereign debt.
Ambev SA said on Wednesday it has signed contracts with four partners to build solar plants in Brazil that will supply clean energy to all of the brewing company's 94 distribution centers in the country by the end of March 2020. The move is part of a global effort by parent company Anheuser Busch InBev to have all of its operations run by renewable energy sources by 2025, and follows previous sustainability initiatives. Ambev, Latin America's largest brewer, in August said it had agreed to add 1,600 Volkswagen electric trucks to its logistics operators' fleet in Brazil by 2023.
Anheuser-Busch is making good on its pledge to be a more renewable brewer. The company said it is partnering with San Francisco-based solar developer Recurrent Energy, which will build and maintain a 2,000-acre solar farm in Pecos County, Texas. Once it's completed in 2021, Anheuser-Busch will buy credits based on the energy the facility is delivering to the grid.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
The beverage giant's $4 billion bet on Canopy Growth is only the first step in building a leading global alcohol and cannabis enterprise.
Alibaba, AB InBev, Tesla, Disney and Authentic Brands Group are the companies to watch.