|Bid||90.96 x 800|
|Ask||0.00 x 800|
|Day's Range||91.50 - 92.72|
|52 Week Range||87.32 - 126.50|
|PE Ratio (TTM)||23.02|
|Forward Dividend & Yield||4.78 (5.35%)|
|1y Target Est||N/A|
Anheuser-Busch InBev faces an EU antitrust fine for preventing cheaper beer imports into Belgium despite its efforts to settle the investigation, people familiar with the matter said. Last year, the European Commission accused the world's largest brewer of abusing its market dominance in Belgium by impeding cheaper imports into the country of its Jupiler and Leffe brands from neighbouring France and the Netherlands. The European Commission typically frowns on attempts to prevent parallel trade in the 28-country bloc, whereby cheaper products in one country are transported for sale in another, seeing such tactics as an obstacle to the single market.
Anheuser-Busch InBev (ABI.BR) faces an EU antitrust fine for preventing cheaper beer imports into Belgium despite its efforts to settle the investigation, people familiar with the matter said. Last year, the European Commission accused the world's largest brewer of abusing its market dominance in Belgium by impeding cheaper imports into the country of its Jupiler and Leffe brands from neighboring France and the Netherlands. The European Commission typically frowns on attempts to prevent parallel trade in the 28-country bloc, whereby cheaper products in one country are transported for sale in another, seeing such tactics as an obstacle to the single market.
Marijuana stocks are hot in today’s market, but pot stocks are not the only way for you to profit from the habits of other people. You can go with diversity in Constellation Brands (NYSE:STZ), you can go for global growth with Anheuser Busch InBev (NYSE:BUD), or you can go for U.S. growth with The Boston Beer Co. (NYSE:SAM). Constellation is based in upstate New York as a wine company but is better known today for its beer and spirits.
After more than a half-decade of unchecked growth, increasing competition and limited sales channels are making the business a tougher one for Denver-area entrepreneurs.
and the interview I did last night with CEO Brendan Kennedy on Mad Money. Of course today's action in Tilray is one of the biggest short squeezes I have ever seen -- that any of us have ever seen and it is very wrong, obviously, that its market cap is two-thirds the size of the entire sector. he wants to be the next Anheuser Busch Inbev, there was NO boasting no hyperbolic claims.
Cannabis mania is in full swing, and the stock that is creating the most hype is Tilray (NASDAQ:TLRY). Seven weeks ago, Canadian cannabis supplier Tilray went public at $17 per share. The alcoholic beverage market has produced multiple $50 billion-plus companies, including one $170 billion company.
Although Constellation is perhaps best known for its portfolio of wine brands, its beers are also household names. Constellation handles popular Mexican brands like Corona and Modelo, and these are the beers that are currently fueling the company's sales. According to Constellation's 2018 10-K , net income was up 51% over 2017, with beer sales up 10% compared with wine and spirits down 7%. At $212.05, Constellation's stock is trading at around 16 times earnings, and the stock price is up approximately 5% over the past 12 months.
The company originally rejected the offer, but InBev managed to turn shareholders against the family-laden board. The takeover by InBev was successful at $52 billion later in 2008. There are no Busch descendants on the board of Anheuser Busch InBev.
AB InBev (BUD) suffers due to industry-wide decline in beer sales as consumers shift to healthier drinks. However, the company???s robust outlook indicates that there is an upside potential.
Jim Cramer zooms through his take on fans' favorite stocks in a special edition of the lightning round.
Companies nervous about getting pulled into the increasingly political NFL conversation should take a stand one way or the other, one ad executive says. Otherwise, they risk becoming irrelevant.
My Dad had gotten us tickets to go see my favorite football player. The New York Jets woke up that morning as defending Super Bowl champions. Yes, I am so old that I remember a Jets team that stood on top of the football world.
If it’s true that there’s no such thing as bad publicity, Shopify (NYSE:SHOP) and SHOP stock enjoy enviable PR riches. For instance, the mainstream media is buzzing about celebrity Kylie Jenner, who is on the verge of becoming the youngest-ever self-made billionaire. Jenner’s company, Kylie Cosmetics, stunned the beauty industry with massive sales to adoring fans.
Phillip Morris International Inc. (PM) and Altria Group Inc. (MO) are leading tobacco companies with a combined market capitalization of $233 billion. Altria spun off Phillip Morris International in 2008, keeping Phillip Morris USA and its stake in SABMiller, which is now part of the world's largest brewer, Anheuser-Busch InBev (BUD). Altria's Marlboro brand still has about 40% of the market for cigarettes in the U.S. and continues to absolutely pound out cash.
The U.S. International Trade Commission said on Wednesday it would investigate whether certain Anheuser Busch InBev NV (ABI.BR) beverage dispensing systems and components infringe a Heineken NV (HEIN.AS) patent. Heineken alleges that the importation and sale of the systems and components violate section 337 of the Tariff Act of 1930 and has requested that the USITC issue a "limited exclusion order and cease and desist orders," the commission said in a statement.
Investing in cannabis now is often compared to buying Anheuser Busch InBev NV (ADR) (NYSE: BUD ) or Molson Coors Brewing Co (NYSE: TAP ) stock in the 1930s. The industry's youth means there are a number ...
Budweiser joins three local craft breweries as the official beer sponsors of the Harley-Davidson 115th anniversary celebration, which gets underway Wednesday.
A new study by commercial real estate firm CBRE shows that the St. Louis craft beer scene has grown by 77 percent in the last decade. Since 2008, 41 new breweries have opened their doors, bringing the current total to 53 craft breweries in the St. Louis region. The current total includes the William K. Busch Brewing Co., which has its offices in St. Louis but does not have a brewery here.
Zacks Industry Outlook Highlights: Anheuser-Busch, Constellation, Canopy Growth and Brown-Forman.
The world's biggest beer maker, Anheuser-Busch InBev has opened up a factory in Nigeria as it looks to expand its footprint in Africa. Serena Chaudhry reports.