Beer

This week brought about two big moves in the food and beverage sector. Alcohol beverage giant Constellation Brands, Inc. (NYSE: STZ) sold its craft beer Ballast Point brand and associated production facilities, while PepsiCo, Inc. (NASDAQ: PEP) bought PopCorners maker BFY Brands. Constellation...

Beer maker Molson Coors Brewing Co's (NYSE: TAP) ongoing field-work of an experimental hard coffee beverage is off to a good start and management will decide next year if it will work to expand sales, according to the Denver Business Journal. What Happened With Molson's Hard Cold Brew...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Dec. 4, 1933, President Franklin Roosevelt signed an executive order establishing the Federal Alcohol Control Administration. Where The Market Was The S&P 500 traded around 9.97...

New York City over the weekend hosted the Beer Marketer's Insights (BMI) conference with multiple themes discussed and management teams offering presentations. Bank of America analyst Bryan Spillane attended the event and offered multiple industry-wide and company specific takeaways. Disruptive...

Hard seltzer alcohol beverages continue gaining in popularity, thanks in no small part to Mark Anthony Brands' White Claw beverages, and two notable beer makers are the latest to jump into the craze. The King Of Beers Isn't Immune The hard seltzer market is valued today at around $550...

Anthony Anderson is encouraging beer consumers to "Drink Wiser" in Anheuser Busch Inbev NV's (NYSE: BUD) new responsible drinking campaign. Double-Fisting Beer, Water In the ad, the "Black-ish" actor becomes the head coach of the Los Angeles Lakers after realizing the...

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Appetite for avocados is fueling violence in Mexico; Hyundai picks Claudia Marquez as CEO in Mexico; Arconic closes Texas aluminum plant; and Corona beer to be brewed in...

Investors were trickling out of the Constellation Brands, Inc. (NYSE: STZ) party on Thursday and Friday, but sell-side analysts urged them to relax, pop open a cold one, and stick around with the stock. “A lull in the party calls for more beer,” wrote one analyst. And the beer was good...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day 133 years ago, the Guinness Brewery went public on the London Stock Exchange. Where The Market Was The Guinness IPO predates both the Dow Jones Industrial Average and the S...

Global beer giant Anheuser Busch Inbev NV (NYSE: BUD) confirmed the pricing of its Asian business IPO on Tuesday and expects to raise around $5 billion, CNBC reported. What Happened Ab InBev planned to proceed with its IPO earlier in the summer, but scrapped its plans in July due to "...

MillerCoors is testing an alcoholic coffee in a few U.S. markets in partnership with La Colombe Coffee Roasters. The drink, La Colombe Hard Cold Brew Coffee, which will be 4.2% alcohol-by-volume, is selling this month in Boston, Denver, and parts of Florida, including the Tampa Bay area and Fort...

Anheuser Busch Inbev NV (NYSE: BUD) is reconsidering its decision to halt a spin-off of its Asia business, sources close to the matter told Reuters. What Happened Budweiser's parent company decided against raising around $10 billion by floating part of its Asia business, Budweiser Brewing...

The hard seltzer alcohol market has exploded over the last year and could expand to a $2.5 billion market by 2021 and Constellation Brands, Inc. (NYSE: STZ) could see part of its beer portfolio negatively impacted from the growing category, according to UBS. The Analyst UBS analyst Sean King...

The bullish case for Anheuser Busch Inbev NV (NYSE: BUD) has come to an end after the beer company reported a strong second quarter report as it signals certain growth metrics may have peaked, according to UBS. The Analyst Nik Oliver downgraded AB InBev's European-listed stock from...