96.04 +1.30 (1.37%)
Pre-Market: 6:28AM EDT
|Bid||96.08 x 1200|
|Ask||96.10 x 800|
|Day's Range||94.11 - 94.86|
|52 Week Range||92.97 - 126.50|
|PE Ratio (TTM)||23.85|
|Forward Dividend & Yield||4.96 (4.86%)|
|1y Target Est||N/A|
Here’s a quick wrap up of other headlines making news today.
Want to add some dividend stocks to your portfolio this month? Take a look at NextEra Energy Partners, W.P. Carey, and Anheuser-Busch InBev
Rolled out by AB InBev (ABI.BR) across the country this year, the larger bottles are part of a plan by the world's biggest brewer to lure price-conscious South Africans to its mid-market beers and away from bargain rivals or home brews. AB InBev's move marks a departure from its typical playbook of increasing margins and profits principally through higher prices and rigorous cost control, tactics honed through its close association with private equity firm 3G Capital.
Rolled out by AB InBev across the country this year, the larger bottles are part of a plan by the world's biggest brewer to lure price-conscious South Africans to its mid-market beers and away from bargain rivals or home brews. AB InBev's move marks a departure from its typical playbook of increasing margins and profits principally through higher prices and rigorous cost control, tactics honed through its close association with private equity firm 3G Capital.
Canadian Solar, Anheuser-Busch InBev, Best Buy, Ralph Lauren and Urban Outfitters as Zacks Bull and Bear of the Day
SHANGHAI (AP) — "Panda Beer," ''Little General," ''Flying Fist IPA," and "Mandarin Wheat" are among the offerings on tap at a craft beer exhibition this week in Shanghai dedicated to expanding the palette of Chinese consumers and promoting sales of high-end brews.
A lobbying group representing major foreign companies doing business in the United States including Anheuser Busch Inbev (ABI.BR) and Siemens (SIEGn.DE) said on Friday it had dropped its opposition to bills that would tighten oversight of foreign investment. The U.S. Senate and U.S. House of Representatives are considering bills introduced in November that would expand the powers of the inter-agency Committee on Foreign Investment in the United States, or CFIUS, which reviews investments to ensure they do not harm national security.
KeyBanc Capital Markets is increasingly positive on blockchain following a recent investor events and projects the services market will grow to $11 billion by 2022. The consulting firm has partnered with several companies including Anheuser Busch Inbev (NYSE: BUD) and Kuehne + Nagel to transition the entire documentation process to entirely blockchain-driven solutions, the analyst said.
Let’s talk about the popular Anheuser-Busch InBev SA/NV (ENXTBR:ABI). The company’s shares saw significant share price volatility over the past couple of months on the ENXTBR, rising to the highsRead More...
The first quarter of 2018 has been solid regarding profits. They grew by almost 26% — the best Q1 return in eight years. Unfortunately, investors aren’t buying any of the good news, and that’s especially true of consumer stocks, which are getting hammered year to date.
With blockchain and cryptocurrency technologies being applied to such a wide variety of businesses, it may have only been a matter of time before these two trendy areas converged with another popular space: alcohol sales. Back in 2016, a tech startup named Civic entered the arena, co-founded by "Shark Tank South Africa" star Vinny Lingham. The beer vending machine prototype, which was created and branded in partnership with AB InBev's ( BUD) Anheuser-Busch unit, is designed as a demonstration of the power and versatility of blockchain-based identity verification.
How about a “wide moat” to protect the payout’s upward trajectory? Tesla CEO and “Chief Disrupter” Elon Musk recently stormed the castle of investing theory when he challenged the importance of moats – the idea of corporate competitive advantages that make it difficult for other companies to whittle away market share. It’s a skirmish that brought longtime “wide moats” pitchman Warren Buffett into the fray, as the Berkshire Hathaway CEO and Musk had sparring words for one another.
Bitcoin prices plummeted on Friday as concerns over future demand weighed heavily on what was previously cheery investor sentiment. After spending most of May rallying upward, the No. 1 cryptocurrency by market cap reversed momentum to trade as low as about $8,500 in midday action. Nearly all of the top cryptocurrencies by market value traded well into the red, too.
Anheuser-Busch InBev SA/NV (ENXTBR:ABI) is currently trading at a trailing P/E of 23.5x, which is lower than the industry average of 24.4x. While ABI might seem like an attractive stockRead More...
American drinkers are abandoning beer for harder stuff, squeezing the world’s biggest brewers. Anheuser-Busch InBev SA, Molson Coors Brewing Co. and Heineken NV all reported sharply lower U.S. beer volume in the first quarter compared with a year earlier as drinkers turn to other alcoholic beverages, such as wine or whiskey. AB InBev said its volumes fell 4.1% in North America, partly because of weakness in the company’s core Bud and Bud Light brands.
Zimbabwe's largest brewer Delta Corporation reported a 27 percent jump in full-year profit to $89 million (65.6 million pounds) on Wednesday, after strong sales of beer and soft drinks in the second half of its financial year. Delta (DLTA.ZI), which is 40 percent owned by Anheuser-Busch Inbev (ABI.BR), said revenue increased to $572 million during the year that ended in March, up from $483 million previously. The company increased its final dividend payment by 32 percent to 7.20 U.S. cents, its highest since Zimbabwe dumped its own currency for the U.S. dollar in 2009.