BUD - Anheuser-Busch InBev SA/NV
| Previous Close | 98.47 |
| Open | 98.89 |
| Bid | 99.00 x 1800 |
| Ask | 101.00 x 1000 |
| Day's Range | 98.82 - 100.22 |
| 52 Week Range | 91.70 - 126.50 |
| Volume | 1,616,571 |
| Avg. Volume | 1,520,660 |
| Market Cap | 202.573B |
| Beta | 0.96 |
| PE Ratio (TTM) | 26.42 |
| EPS (TTM) | 3.78 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 4.96 (4.84%) |
| Ex-Dividend Date | 2018-05-01 |
| 1y Target Est | 117.44 |
- Motley Fool•14 hours ago
Beer Makers Are Drunk on Marijuana's Potential
A massive new $3.8 billion deal shows the commitment of the beer industry to cannabis.
- Bloomberg•3 days ago
Carlsberg Raises Earnings Forecast on Savings and Asia Demand
Danish brewer Carlsberg A/S increased its full-year profit guidance as the company wrings more costs out of its business and demand for its Tuborg brand soars in Asia. Carlsberg is on track to cut more than 2.3 billion kroner of costs under Chief Executive Officer Cees ’t Hart to defend against an enlarged and more profitable rival following the combination of Anheuser-Busch InBev NV and SABMiller Plc. Last year, AB InBev merged its Russia and Ukraine business with that of Turkey’s Anadolu Efes, heaping pressure on Carlsberg’s operations in Russia, where the brewer controls more than a third of beer sales. The company has also sought faster growth from its business in Asia, where sales of its Tuborg lager are driving performance in China.
- Motley Fool•3 days ago
Should You Follow These Analysts' Lead on Boston Beer Stock?
Wall Street's opinion of the leading craft brewer is getting worse.
- Benzinga•4 days ago
As Millennials Pivot From Booze To Buds, The Beer Industry Strikes Cannabis Partnerships
The news of Constellation Brands, Inc. (NYSE: STZ), producer of beers such as Corona and Modelo, increasing its stake in Canadian cannabis company Canopy Growth Corp (NYSE: CGC) with a $4 billion investment is only the latest link between companies in the business of a buzz. Molson Coors Brewing Co (NYSE: TAP)'s recent quarterly results revealed a marginal decline in second-quarter sales, hurt by lower volume and the adoption of new revenue recognition accounting standard. Anheuser Busch Inbev NV (ADR) (NYSE: BUD) recently said its second-quarter U.S. revenues declined 3.1 percent, as its flagship Budweiser and Bud Light brands saw a 5-percent volume drop.
- American City Business Journals•9 days ago
Katie Barrett paves the way for female leadership at Anheuser-Busch
Katie Barrett manages all commercial, litigation, regulatory and other legal aspects at Anheuser-Busch, as well as oversees all labor relations for the company's North America zone.
- Benzinga•10 days ago
Nikola Raises $100 Million In August, Anticipates Oversubscribed Series C
Nikola Motor Company raised over $100 million in August, and the company's CEO Trevor Milton expects its $200 million C round to be oversubscribed. Nikola boasts a $1.1 billion pre-money valuation. "We worked pretty hard for eight months to prepare for the round," Milton said.
Reuters•10 days agoBeer drinkers lose U.S. appeal over Anheuser-SABMiller merger
The 9th U.S. Circuit Court of Appeals in Portland, Oregon said SABMiller's agreement with antitrust regulators to divest its U.S. beer business, by selling its stake in the MillerCoors joint venture to Molson Coors Brewing Co (TAP.N), would prevent increased concentration in the industry. It also rejected as speculative the argument that the merger violated the federal Clayton Act because it gave Molson Coors an incentive to adopt Anheuser's distribution practices, to combat its rival's newly increased size.
- Reuters•10 days ago
Beer drinkers lose U.S. appeal over Anheuser-SABMiller merger
The 9th U.S. Circuit Court of Appeals in Portland, Oregon said SABMiller's agreement with antitrust regulators to divest its U.S. beer business, by selling its stake in the MillerCoors joint venture to Molson Coors Brewing Co (TAP.N), would prevent increased concentration in the industry. It also rejected as speculative the argument that the merger violated the federal Clayton Act because it gave Molson Coors an incentive to adopt Anheuser's distribution practices, to combat its rival's newly increased size.
- Reuters•11 days ago
AB InBev to build new brewery in fast-growing Mozambique
Anheuser-Busch InBev (ABI.BR), the world's biggest brewer, will start building a more than 2 million hectolitre a year brewery in Mozambique in the second half of next year, the company's Africa head said on Tuesday. The Mozambique investment will look to fend off competition from rival Heineken (HEIN.AS), which is the middle of building a $100 million brewery in the southern African country. It will also help AB InBev keep pace with demand in a market that saw growth over more than 20 percent in the first half of this year, Ricardo Tadeu, the company's Africa zone president told journalists in Johannesburg.
- Bloomberg•11 days ago
AB InBev Plans Additional Breweries in Mozambique, Nigeria
Anheuser-Busch InBev NV is readying new African operations as the world’s largest brewer continues its expansion on the continent after the blockbuster takeover of SABMiller. AB InBev intends to open its first brewery in Mozambique in the second half of next year after starting production in Nigeria later this month, Chief Executive Officer Carlos Brito told reporters in Johannesburg late Tuesday. The Leuven, Belgium-based company has also agreed to build a $100 million brewery in Tanzania, and is in discussions about tax policy in the East African country, he said.
- Zacks•12 days ago
MGM, the NBA, & the Future of Sports Betting
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into the deal between MGM Resorts (MGM) and the NBA, which could lay the foundation for the future of sports betting in the U.S.
- TheStreet.com•15 days ago
From Cannabis to China: Beer Companies Chase New Growth Opportunities
is making a big play for China, where it holds a tiny share of the market, as global beer makers are increasingly searching for fast-growth markets and new segments to ward off declining sales in mature economies. On Friday, Heineken announced a $3.1 billion stake in the parent of China Resources Beer, as the company is looking to expand its distribution network in China and target the nation's premium segment. "We believe we can win together in this new era of the Chinese beer market, in which the premium segment will become increasingly important," said Chen Lang, chairman of China Resources Enterprise.
- Bloomberg•15 days ago
Heineken Fires Back at AB InBev in Battle Over Beer Keg Rights
Heineken NV has struck back against Anheuser-Busch InBev as the brewing giants’ battle over recyclable beer dispensers escalates. Heineken, the world’s second largest beer brewer after AB InBev, retaliated against its competitor and filed a complaint Thursday with the International Trade Commission that seeks to block imports of products that use their patented dispensing line. In January, AB InBev claimed that Heineken copied its bag-in-bottle beer dispensers, infringed four U.S. patents, and had a policy to “copy and call it innovation.” Heineken has fired back, claiming that Ab InBev actually copied its dispensing line design that has been protected by a patent since 2004, when BeerTender, a dispenser that used a returnable keg with a beer-in-bag container, was first released.
- TheStreet.com•15 days ago
Heineken's China Deal: An Interesting Move, but What's Next?
deal with China Resources Beer is an interesting move. Despite working hard to build its own distribution and brewing capacity in China, the Dutch brewer has struggled to grow organically. The partnership with China's biggest brewer means they'll gain an insightful ally that knows the market.
- TheStreet.com•16 days ago
China Calling: Heineken Looks for Foothold In World's Biggest Beer Market
The ongoing global trade war spat with China and challenges faced by competitors in the local market are not stopping Heineken from getting serious about China's beer market. announced a $3.1 billion deal with China Resources Enterprise and China Resources Beer, acquiring a 40% stake in the parent company of China Resources Beer, the country's largest brewer.
- Bloomberg•16 days ago
Cheap Chinese Beer Won’t Refresh Heineken
Heineken NV could hardly be blamed for having a bit of an inferiority complex about Anheuser-Busch InBev SA. Nowadays, AB InBev sells nearly three out of 10 liters of beer consumed globally. Heineken may account for another 8 percent of the global market, but it remains a distant competitor to its rival across the border in Belgium.
- Reuters•18 days ago
Mexico's Grupo Lala names ex-Anheuser-Busch InBev executive as CEO
Mexican dairy company Grupo Lala, one of the biggest in Latin America, has named Mauricio Leyva as its new chief executive, the company said in a statement on Wednesday. Leyva was previously president ...
- The Wall Street Journal•18 days ago
[$$] America's Long Love Affair With Beer Is on the Rocks
U.S. drinkers, for the first time, are more likely to choose a glass of wine or a cocktail than a beer, a moment that is pushing the brewing industry towards a crisis. “If this is not a wake-up call that ...
- Motley Fool•19 days ago
World Cup Boosts Anheuser-Busch InBev Sales
The popular international soccer competition was a boon for the beer giant.
- Bloomberg•20 days ago
Cheers to Heineken, or to AB InBev? How About Neither
Heineken NV and Anheuser-Busch InBev NV, two giants of brewing, have squared off in the past week. Heineken on Monday reported a 4.6 percent increase in organic beer volume in the second quarter. Previously, it had forecast a 0.25 percentage point increase.
- Bloomberg•20 days ago
Heineken Says Brazilian Expansion to Dilute Profitability
Heineken NV, the world’s second-largest brewer, forecast a drop in profitability this year as it expands more quickly than expected in Brazil, where its beer business has lower margins. The full-year margin will shrink about 20 basis points, Heineken said Monday, also pointing to currency headwinds. The Dutch company became Brazil’s second-largest brewer last year when it bought Japanese brewer Kirin’s business there for about 2.2 billion real ($590 million).
- Bloomberg•20 days ago
Heineken Falls as Brazil Challenge to AB InBev Hits Margin
Heineken NV’s attempt to challenge Anheuser-Busch InBev NV in Brazil is squeezing profit margins, with the Dutch brewer forecasting a decline in profitability this year. Heineken became Brazil’s second-biggest brewer last year when it bought Kirin Holdings Co.’s business there for about 2.2 billion real ($590 million). The Japanese company had stumbled amid competition with industry giant AB InBev, and now Heineken is stepping up the fight with increased marketing, causing a decline in its overall profitability even as it sells more beer.
- CNBC Videos•16 days ago
China could become a significant market for beer, analyst...
Trevor Stirling, managing director, European beverages at Bernstein, discusses Heineken's partnership with Chinese brewer CR Beer.
Reuters Videos•20 days agoHeineken hit as Brazil, currencies force margin outlook cut
Heineken, the world’s second-largest beer maker, cut its full-year margin forecasts due to currency weakness in some more profitable markets and expansion in Brazil, knocking its shares on Monday. Laura Frykberg reports.
