Molson Coors Brewing Company Announces Regular Quarterly Dividend
Business Wire - Thu Nov 12, 4:30PM CST
Molson Coors Brewing Company (NYSE: TAP) today declared a regular quarterly dividend on its Class A and Class B common shares of US$0.41 per share, payable December 15, 2015, to shareholders of record on November 30, 2015. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Brewing Company. In addition, Molson Coors Canada Inc. (TSX: TPX.B, TPX.A), declared a quarterly dividend of approximately CDN$0.54 (the Canadian dollar equivalent of the dividend declared on Molson Coors stock), payable December 15, 2015, to its Class A and Class B exchangeable shareholders of record on November 30, 2015.
TAP: 93.81 (+1.69)
Big beer merger leaves future uncertain for competitors
By DANICA KIRKA - AP - Thu Nov 12, 4:20PM CST
LONDON (AP) — It's no fun being in the middle.
BUD: 120.13 (-1.10), TAP.A: 93.17 (+0.82), TAP: 93.81 (+1.69)
Kohl's and Liberty Media are big market movers
AP - Thu Nov 12, 3:24PM CST
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
KSS: 42.85 (-2.94), BX: 30.61 (-0.48), AAP: 161.62 (-3.02), LMCK: 39.95 (-0.39), NCR: 26.42 (-0.01), TAP: 93.81 (+1.69), M: 39.10 (-1.72), HP: 54.19 (+0.75), PLKI: 53.76 (-0.80), LUX: 66.39 (-1.08), GIB: 40.73 (+0.18), ADT: 33.81 (+0.06), LMCB: 42.10 (+0.43), LMCA: 41.20 (-0.51), ANGI: 9.79 (+0.82), TAP.A: 93.17 (+0.82), HZNP: 17.99 (+0.38), BABA: 75.85 (-2.91)
Molson Coors Acquires SABMiller's 58% Stake in MillerCoors
Zacks Equity Research - Zacks Investment Research - Thu Nov 12, 2:30PM CST
Molson Coors (TAP) has entered into an agreement with Belgium-based Anheuser-Busch InBev (BUD) to purchase SABMiller plc's 58% stake in MillerCoors.
BUD: 120.13 (-1.10), THST: 0.99 (+0.02), TAP: 93.81 (+1.69), STZ: 132.20 (-1.18)
Fitch Places Molson Coors on Rating Watch Negative
Business Wire - Thu Nov 12, 11:58AM CST
Fitch Ratings has placed Molson Coors Brewing Company's (Molson Coors) long-term Issuer Default Rating (IDR) and senior unsecured ratings at all Molson Coors entities on Rating Watch Negative. The rating actions follows the announcement by Molson Coors that it has entered into a definitive agreement with Anheuser-Busch InBev SA/NV (AB InBev) to purchase SABMiller plc's (SABMiller) 58% stake in MillerCoors for $12 billion.
TAP: 93.81 (+1.69)
Molson Coors Brewing Has Returned 12.7% Since SmarTrend Recommendation (TAP)
Comtex SmarTrend(R) - Thu Nov 12, 9:28AM CST
SmarTrend identified an Uptrend for Molson Coors Brewing (NYSE:TAP) on September 16th, 2015 at $81.80. In approximately 2 months, Molson Coors Brewing has returned 12.74% as of today's recent price of $92.22.
TAP: 93.81 (+1.69)
Stock Market News for November 12, 2015
Zacks Equity Research - Zacks Investment Research - Thu Nov 12, 9:10AM CST
Benchmarks ended in the red on Wednesday following dismal third quarter earnings results from Macy’s and a massive sell-off in energy shares
KSS: 42.85 (-2.94), AMZN: 642.35 (-23.25), BUD: 120.13 (-1.10), TAP: 93.81 (+1.69), M: 39.10 (-1.72), XOM: 78.10 (-1.31), KORS: 39.00 (-2.64), URBN: 24.49 (-1.66), PXD: 140.93 (+0.92), PPL: 33.06 (-0.25), EOG: 82.25 (+0.56), JWN: 53.96 (-9.51), MRO: 17.14 (-0.06), CVX: 88.68 (-1.18)
Covered Call Alerts For Molson Coors Brewing, Walgreens Boots Alliance, El Pollo Loco, Baidu and Bank of America Released By InvestorsObserver
PR Newswire - Thu Nov 12, 8:31AM CST
InvestorsObserver issues critical PriceWatch Alerts for TAP, WBA, LOCO, BIDU and BAC.
BIDU: 193.95 (-4.19), WBA: 79.17 (-1.23), LOCO: 10.20 (-1.32), TAP: 93.81 (+1.69), BAC: 17.20 (-0.17)
Global Beer Trends 2015: Global Beer Trends and Long-term Forecasts to 2020
M2 - Thu Nov 12, 2:53AM CST
Research and Markets (http://www.researchandmarkets.com/research/m6q7tq/global_beer) has announced the addition of Canadean Ltd's new report "Global Beer Trends 2015: Global Beer Trends and Long-term Forecasts" to their offering. The 2015 Global Beer Trends report covers historical and forecast beer consumption trends, production, imports and exports data across 168 markets. Gain an in-depth understanding of the dynamics and structure of the global beer industry to enhance your corporate strategic planning. Evaluate the current and future growth opportunities across regions and countries to support your corporate development and initiatives. Compare and track the performance of the top 20 brewers to develop a competitive advantage. Interrogate the data to analyse beer performance across 183 markets worldwide and make well-informed decisions on future threats and growth prospects for your company. Get a detailed picture of the world beer market with: - 2010-2014 consumption, production, export and import data by region with forecasts to 2020. - 2010-2014 top 20 beer consuming countries, with forecasts to 2020. - 2010-2014 top 20 importing and exporting countries, with forecasts to 2020. - 2010-2014 top 20 brewers volumes. - Country profiles encapsulating key data on 59 markets offering a detailed snapshot of each country. - Available in excel allowing easy interrogation and manipulation of data. Key Findings: - Global beer production rises again - USA remains leading importer - China remains leading beer consumer Companies Mentioned - A-BInBev - Heineken - SABMiller - China Resources Enterprises - Carlsberg Group - Tsingtao - Molson Coors Brewing Company - Modelo - Yanjing Brewery - Kirin Group - Efes Beverage Group - Asahi Breweries - Castel - Chongqing Brewery - Constellation Brands - USA - Henan Jinxing Brewery - Diageo PLC - UK - San Miguel Corporation - Philippines - Polar - Cervejaria Petropolis - Suntory Holdings - Saigon Brewery For more information visit http://www.researchandmarkets.com/research/m6...lobal_beer
TAP: 93.81 (+1.69), STZ: 132.20 (-1.18), DEO: 112.27 (-2.08)
BofA Among Lenders In Record $75 Bil Megabrew Loan
at Investor's Business Daily - Wed Nov 11, 3:35PM CST
Anheuser-Busch InBev (BUD) is taking out the largest-ever commercial loan to buy SABMiller in a deal valued at $107.9 billion. AB InBev will finance the transaction through its own resources and $75 billion in loans from lenders that include Bank of...
BCS: 13.61 (-0.06), KO: 41.38 (-0.20), SAN: 5.29 (-0.05), BUD: 120.13 (-1.10), KHC: 70.77 (-0.13), TAP: 93.81 (+1.69), DB: 25.51 (-0.50), BAC: 17.20 (-0.17)
Anheuser-Busch InBev's $107 Billion Buyout of SABMiller Foreshadows More Beer Mergers
at The Street - Wed Nov 11, 12:05PM CST
The mega-merger between beer giants Anheuser-Busch InBev and SABMiller foreshadows more consolidation ahead in the beer industry, according to one expert.
BUD: 120.13 (-1.10), TAP: 93.81 (+1.69)
Beer merger will not bring Budweiser, Miller under same roof
By DANICA KIRKA - AP - Wed Nov 11, 2:30PM CST
LONDON (AP) — The world's two biggest beer makers will join forces to create a company that produces almost a third of the world's beer. But in the U.S., the deal will not bring arch rivals Budweiser and Miller under the same roof.
BUD: 120.13 (-1.10), TAP.A: 93.17 (+0.82), TAP: 93.81 (+1.69)
Castle Brands' Q2 Loss in Line, Flat Y/Y; Revenues Beat
Zacks Equity Research - Zacks Investment Research - Wed Nov 11, 11:50AM CST
Castle Brands Inc. (ROX), the premium branded spirits company, posted second-quarter fiscal 2016 results, with loss in line with the Zacks Consensus Estimate for the second time in a row.
BUD: 120.13 (-1.10), ROX: 1.39 (+0.03), TAP: 93.81 (+1.69), DEO: 112.27 (-2.08)
Molson Coors Brewing (TAP) Stock Gains on $12 Billion MillerCoors Deal
at The Street - Wed Nov 11, 9:29AM CST
Molson Coors Brewing (TAP) stock is increasing after the company agreed to acquire the remainder of MillerCoors it does not already own from SABMiller (SBMRY) in a $12 billion deal.
TAP: 93.81 (+1.69)
Stock indexes edge higher in early trading; Macy's sinks
By YURI KAGEYAMA - AP - Wed Nov 11, 8:41AM CST
NEW YORK (AP) — Stock indexes are edging slightly higher in early trading, but retailers were held back as Macy's turned in disappointing results.
BUD: 120.13 (-1.10), TAP.A: 93.17 (+0.82), TAP: 93.81 (+1.69), M: 39.10 (-1.72)
Anheuser-Busch InBev Seals Beer Mega Deal to Buy SABMiller
at The Street - Wed Nov 11, 8:12AM CST
The agreement values SABMiller's equity at around $107.8 billion, and includes a side deal to sell SABMiller's stake in MillerCoors to Molson Coors for $12 billion.
BUD: 120.13 (-1.10), TAP: 93.81 (+1.69), MO: 56.28 (-0.48)
Nov. 11 Premarket Briefing: 10 Things You Should Know
at The Street - Wed Nov 11, 5:44AM CST
U.S. stock futures are pointing higher after the S&P 500 on Tuesday ends a four-day losing streak.
DDS: 77.51 (-7.45), BUD: 120.13 (-1.10), JPM: 65.56 (-0.44), APA: 48.97 (+0.07), TAP: 93.81 (+1.69), MCD: 109.97 (-2.14), M: 39.10 (-1.72), GOOGL: 740.07 (-16.46), APC: 60.05 (+1.55)
European Stocks Rise, Asian Shares End Mixed
at The Street - Wed Nov 11, 5:22AM CST
European stocks rise on corporate news Wednesday and after Asian markets take a mixed set of Chinese data in stride.
ATML: 8.20 (+0.02), BUD: 120.13 (-1.10), TAP: 93.81 (+1.69)
Molson Coors to Acquire Full Ownership of MillerCoors Joint Venture and Global Miller Brand Portfolio for $12 Billion
Business Wire - Wed Nov 11, 2:23AM CST
--Transaction Will Strengthen Molson Coors' Position in Highly Attractive U.S. Beer Market, Enhance Global Competitiveness, Unlock Further Operational Synergies and Improve Tax Efficiency
BUD: 120.13 (-1.10), TAP: 93.81 (+1.69)
Beer deal said to be brewing
at Investor's Business Daily - Tue Nov 10, 5:43PM CST
Molson Coors Brewing (TAP) is near an anticipated deal to buy the rest of MillerCoors for about $12 bil, according to the Wall Street Journal, contingent on the AB InBev (BUD)-SABMiller merger closing. MillerCoors is a U.S. joint venture between...
BUD: 120.13 (-1.10), TAP: 93.81 (+1.69)