|Bid||61.62 x 900|
|Ask||64.49 x 800|
|Day's Range||61.84 - 62.99|
|52 Week Range||55.52 - 85.86|
|Beta (3Y Monthly)||0.44|
|PE Ratio (TTM)||8.25|
|Earnings Date||Feb 12, 2019|
|Forward Dividend & Yield||1.64 (2.60%)|
|1y Target Est||73.28|
CNBC's 'Squawk Box' team discusses Pabst settling its lawsuit against MillerCoors after MillerCoors was looking to end its packaging contract with Pabst.
Jim Cramer says he's waiting to see "real improvement" in Molson Coors' core business before recommending the stock as a steady investment.
Cape Line will feature three flavors when it launches: blackberry mojito, margarita and hard strawberry lemonade.
Spiked seltzer and coffee pods may be the ticket to winning beverage stocks in 2019. The stocks have more than 20% upside potential from recent prices, he wrote, with 12-month price targets of $80 for Molson Coors stock and $32 for Keurig stock. (SAM) (SAM) and (MNST) stocks (MNST) warrant Sells, with 15% downside not yet baked into the shares, King said.
New Age Beverages (NBEV) stock has been on the run for the last few days. On December 12, the stock rose 10.5%. At 9:46 AM EST on December 13, the stock was trading with 4.5% gains. New Age Beverages stock has increased for the fourth consecutive day. So far this week, New Age Beverages has increased 28.1%. Earlier in December, the company announced its merger with Morinda Holdings. We’ll discuss what has been helping New Age Beverages stock make big moves this week.
Around 1:05 PM EST, the stock posted a daily high near 14.80 Canadian dollars, up 11.7% from the previous day’s closing price. Today’s sharp recovery comes as a relief for Green Thumb investors (MJ) since the stock had lost about 40.9% in the fourth quarter as of yesterday. Constellation Brands (STZ), Scotts Miracle-Gro (SMG), and Molson Coors Brewing (TAP) are down 12.5%, down 16.0%, and up 1.7% quarter-to-date, respectively.
Ponying up $1.8 billion for a 45% stake in Cronos could come back to haunt the maker of Marlboro cigarettes.
The market for CBD products is about to explode, but keep in mind that not everyone will be a winner.
In 2015 Mark Hunter was appointed CEO of Molson Coors Brewing Company (NYSE:TAP). This analysis aims first to contrast CEO compensation with other large companies. Then we'll look at a Read More...
Today, few investors have a plan to invest in recession-proof stocks. For this reason, investors should have a plan in place to invest in downturn stocks. While such a shift will likely bring the S&P 500 down, some investors become wealthier in such expansions.
___ Renewed jitters over trade send stocks, bond yields lower Stocks plunged Tuesday as the goodwill generated by a truce between the U.S. and China over trade evaporated over confusion about what the ...
Hedge funds and other investment firms run by legendary investors like Israel Englander and Ray Dalio are entrusted to manage billions of dollars of accredited investors’ money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to invest a […]
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Molson Coors (TAP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Pabst Blue Ribbon will apparently live on. MillerCoors and Pabst Brewing Co. settled a contract lawsuit Wednesday in which Pabst claimed the brewing giant was threatening to put it out of business. While no terms were immediately announced, "The parties have amicably resolved all outstanding issues in the case," a Pabst spokesperson said in a statement. The settlement came as a jury was in its first full day of deliberations. MillerCoors has produced and shipped most of Pabst beer since 1999, but claimed it could not continue to do so after their contract expired in 2020. Pabst claimed MillerCoors was trying to shut down a competitor, and was ignoring a contract provision allowing two five-year extensions of the deal. MillerCoors is the U.S. subsidiary of MolsonCoors Brewing Co.
As Canada prepared for full legalization of weed and the cannabis industry in the United States was booming, more businesses joined the industry either as startups or as established companies that changed or diversified their business models. For publicly traded companies, announcing entry into marijuana industry was a boon for their share price, especially for small- and micro-cap stocks. Given the popularity of the industry, investors quickly piled into the companies as they entered the fast-growing marijuana industry, much like in the second half of 2017 when companies pivoted to blockchain and bitcoin.
The trial has the potential to have a substantial and immediate influence on Molson Coors’ cost and margin structure, Sharma said in a Tuesday note. The core of the trial revolves around the imminent expiration of the companies’ market agreement, in which MillerCoors brews Pabst products.
When the markets get volatile, it's time to circle back to defensive stocks we know are doing well according to Jim Cramer. During his Mad Money program Monday night he looked at Molson Coors Brewing Co. Coors has been falling out of favor as the company doubled down on mass market beers at precisely the time consumers began abandoning mass market beverages in favor of craft brews.