|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||77.17 - 78.52|
|52 Week Range||56.32 - 91.14|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||36.07|
|Earnings Date||May 7, 2019|
|Forward Dividend & Yield||2.00 (2.68%)|
|1y Target Est||99.21|
Ricardo Marques, Anheuser-Busch’s Group VP of Core and Value Brands, says “cutting through has never been harder” for beer companies like his with consumers being “starved for time.” Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak to him.
Budweiser is always innovating within its vast product portfolio. Yahoo Finance talks with one of the company's executives about the prospects to infuse beer with cannabis.
Twin brothers Jeremy and Chris Cox talked about 10 Barrel at the Business Journal's Power Breakfast Thursday morning.
The beverage giant's $4 billion bet on Canopy Growth is only the first step in building a leading global alcohol and cannabis enterprise.
The announcement that Miguel Patricio is replacing Bernardo Hees as Kraft Heinz CEO raises questions over what went wrong at the food conglomerate and what steps the new CEO must take to turn the ailing giant around. Industry insiders and experts say the cost-cutting approach by private equity firm 3G Capital fell apart because Kraft Heinz failed to invest enough in its brands. Brazilian private equity firm 3G Capital built its reputation by scooping up iconic consumer brands, aggressively cutting costs and using those savings to fund acquisitions.
As Bernardo Hees this week told Kraft Heinz employees that he would be stepping down as chief executive, the Brazilian insisted on how “proud” he was of the company’s achievements. Profit margins at the group behind brands including Philadelphia cream cheese, Oscar Mayer hot dogs and Maxwell House coffee were “world leading”, he wrote in a memo to employees. The company has since lost more than half its market capitalisation, with Wall Street increasingly worried by an over-reliance on cost cuts to drive returns.
A new report by the government's overseers of Medicare and Social Security urges lawmakers to "take action sooner rather than later" to address shortfalls in the financial condition of the government's bedrock retirement programs for middle- and working-class Americans. The report says Medicare is headed toward insolvency by 2026. Social Security would become insolvent in 2035, though that is one year later than previously estimated.
Kraft Heinz announced on Monday that Bernardo Hees, 49, will step down on July 1 after a string of troubling developments in recent months. Berkshire proudly backed that transaction, with Buffett writing in his annual letter at the time that the executives at 3G “could not be better partners,” though he finally admitted in February to overpaying for the deal.
Patricio, a 52-year-old native of Portugal, will take over the top job in July after two decades at Anheuser-Busch InBev, where he rose to become the company's global head of marketing, building sales of beer brands Corona, Budweiser and others. Before AB InBev, Patricio worked at major consumer companies including Philip Morris, Coca-Cola Co and Johnson & Johnson.
(KHC) on Monday named a new CEO, announcing that Miguel Patricio will succeed Bernardo Hees effective July 1. Who is Miguel Patricio? Here are three things you need to know about the newest chief of Kraft Heinz (ticker: KHC).
The first announcement of the Nikola Motor hydrogen-electric truck brought out a heavy-hitter when it came to an initial fleet interested in trying this new tractor design. "[Nikola's] providing the fuel, so I have a fixed cost, whereas the price of diesel is volatile. Nikola Motor is promising to provide 1 million miles of hydrogen fuel, plus maintenance, tires and some ancillary items such as truck washes as part of a monthly lease program.
Hees will remain CEO until the end of June at which point Patricio, a Anheuser Busch Inbev NV (NYSE: BUD) veteran, will take over. Patricio's resume includes Global Chief Marketing Officer from 2012 to 2018 at AB InBev.
Kraft Heinz CEO Bernardo Hees is stepping down on June 30. Patricio says Kraft Heinz Chairman Alexandre Behring approached him about the new CEO role a few months ago. Kraft Heinz KHC CEO Bernardo Hees will step down on June 30, marking the embattled company's most significant executive shakeup since its formation four years ago.
to take over the reins at another colossus put together by Brazilian private equity investors, Kraft Heinz. Within a day, more than $15bn of the company’s equity value evaporated. It was a painful moment for Warren Buffett, the company’s largest investor and longtime booster of 3G Capital.
Kraft Heinz’s chief executive is leaving the food company after a profit warning that shook the global consumer goods industry. Bernardo Hees will be replaced at the start of July by Miguel Patricio, an executive at the brewer Anheuser-Busch InBev, backed by the founders of New York-based investment group 3G Capital, which controls Kraft Heinz. Mr Patricio told the Financial Times on Monday that he was aware of the challenges ahead of him as shoppers shun in increasing numbers the packaged fare that has been the company’s mainstay for decades.
The top beer stocks have a market cap exceeding $2 billion and are trading on leading American stock exchanges. Here are the top beer stocks of 2018.
Amy Margolis identified a problem in the burgeoning Oregon cannabis industry, so she set out to solve it. The problem? Despite the industry’s newness and the encouraging early statistics about gender equity, a glass ceiling has developed in the cannabis business.
Anheuser-Busch responded to MillerCoors' lawsuit about the controversial Bud Light ad that started airing during the Super Bowl.
Beer drinking is so ingrained in British life that any mention of choosing non-alcoholic versions of the stuff provokes ire. What is the point of drinking beer without booze in it, the sceptics ask, while ...
Anheuser-Busch InBev has enlisted Citigroup and Bank of America Merrill Lynch (BAML) to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters. "There is, however, no decision as to whether we might undertake an IPO or any other potential transaction relating to our Asia Pacific business," AB InBev said, adding it was committed to being a long-term investor in the region.