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Thursday, May 2, 2013 - 12:55pm
Molson Coors and Other UBS Beer Stock Picks
Recent research by analysts at UBS shows that wholesalers of alcoholic beverages are positive about the prospects for volume growth of their products. Sales of alcoholic beverages continue to be strong both domestically and overseas. Three beer brewers made the UBS list of stock picks Anheuser-...
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Friday, January 4, 2013 - 9:14am
Food and Beverage Picks for 2013: Constellation Brands and Kraft Foods
Bank of America/Merrill Lynch's "2013 Food and Beverage Year Ahead" report is out. The analyst was looking for stocks of well-positioned companies with products that are protected from consumer weakness or those with strong franchises in developing markets. Among its top stocks picks for this...
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Monday, January 2, 2012 - 6:41am
Earnings Expectations for the Week of January 2The week (and the new year) will start off quietly, as far as quarterly reports are concerned. Things will pick up a little steam later in the week as Apollo Group (NASDAQ: APOL), Constellation Brands (NYSE: STZ), Family Dollar (NYSE: FDO), Monsanto (NYSE: MON) and Mosaic (NYSE: MOS) each step into...
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Boston Beer and Starbucks to Open Near 52-Week Highs
Wednesday, December 21, 2011 - 7:20amThe Dow and the S&P 500 closed up almost 3% yesterday, and beverage companies Boston Beer (NYSE: SAM) and Starbucks (NASDAQ: SBUX) reached new 52-week highs of $106.97 and $45.15 per share, respectively, in the trading session. Boston Beer has seen stronger growth than its larger rivals, and...
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Thursday, December 8, 2011 - 12:06pm
Nine Food Stocks for a Hungry PortfolioA hungry portfolio might find a pick-me-up in one or more of these food-related stocks, all of which have had some momentum in the past few months, if not longer. Breakfast General Mills (NYSE: GIS) is up more than 13% from a nine-month low in August, as well as up about 18% from a year ago. This...
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Diageo and National Beverages to Open Near 52-Week Highs
Tuesday, October 25, 2011 - 6:56amLots of stocks hit 52-week highs yesterday as the markets rose. Among them were Diageo (NYSE: DEO), maker of Smirnoff, Captain Morgan and Guinness, and National Beverage (NASDAQ: FIZZ), whose brands include Shasta, EverFresh and LaCroix. Their share prices reached $85.88 and $17.13 per share,...
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Sunday, October 2, 2011 - 10:00am
Earnings Expectations for the Week of October 3Though the calendar page has turned, things will be fairly quiet again this week on the earnings front. The new earnings season does not kick off until Alcoa (NYSE: AA) posts its third-quarter results on October 10, followed shortly thereafter by PepsiCo (NYSE: PEP) and JPMorgan (NYSE: JPM). This...
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Jefferies Raises PT On Diageo To $98.87
Friday, June 3, 2011 - 6:19amJefferies & Company has raised the price target on Diageo (NYSE: DEO) from $91 to $98.87 and maintains its Buy rating.
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Diageo Considers $2 Billion Bid For Jose Cuervo (DEO, BF-A, BF-B)
Monday, March 21, 2011 - 9:15amAccording to the Sunday Times, U.K.-based beverages company Diageo (NYSE: DEO) is considering a $2 billion bid for tequila brand Jose Cuervo. While there is interest in Jose Cuervo from elsewhere, including Brown-Forman (NYSE: BF-A) (NYSE: BF-B), Diageo, the worlds biggest spirits maker, is...
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