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Monday, May 14, 2012 - 6:41am
Honda, Movado and Others Analysts Are Bullish On
Here is a quick look some dividend payers in the consumer goods sector that have a consensus recommendation of analysts of Strong Buy. The world's largest brewer, Anheuser-Busch InBev (NYSE: BUD), has seen its share price rise almost 31% in the past half year, despite pulling back a bit in the...
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Wednesday, February 15, 2012 - 8:00am
Molson Coors Earnings Preview: EPS and Sales Growth Expected
Molson Coors (NYSE: TAP) is scheduled to report fourth-quarter 2011 results tomorrow, February 16, before the opening bell. Coors Light recently passed Budweiser as the number two best-selling beer in the U.S. And the brewer's MillerCoors venture said it would acquire Crispin Cider Company,...
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Boston Beer and Domino's Pizza to Open Near 52-Week Highs
Monday, December 5, 2011 - 7:51am
Ending a strong week in the stock market, consumer goods makers Boston Beer (NYSE: SAM) and Domino's Pizza (NYSE: DPZ) reached new multiyear highs of $105.08 and $34.05 per share, respectively, in Friday's trading session. Boston Beer is heavily shorted by the bears despite the stock's surge from...
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Boston Beer Earnings Preview: Still Flat
Monday, October 31, 2011 - 6:59am
Boston Beer (NYSE: SAM) is scheduled to report its third-quarter 2011 results Tuesday, November 1, after the closing bell. The largest craft brewer in the U.S. has seen its market share increase even as overall beer consumption has fallen off. But earnings were disappointing in the past couple of...
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Tuesday, August 23, 2011 - 10:17am
Nine Beverage Stocks for a Thirsty Portfolio
A thirsty portfolio might find a pick-me-up in one or more of these beverage stocks. All have had healthy momentum over the past year, though some have stumbled a bit with the recent market swings. Coffee Stocks Green Mountain Coffee Roasters (NASDAQ: GMCR) is up about 160% from a year ago,...
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UPDATE: Bank of America Downgrades Molson Coors Brewing from Neutral to Underperform
Wednesday, August 3, 2011 - 9:28amBank of America has published a report on Molson Coors Brewing (NYSE: TAP) lowering the rating from Neutral to Underperform. In the report, Bank of America wrote, "Many of the data points critical for healthy beer trends remain challenging in our view, including a lowered GPD outlook; weak beer...
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Boston Beer Earnings Preview: Have Earnings Gone Flat?
Monday, August 1, 2011 - 10:57am
Boston Beer (NYSE: SAM) is scheduled to report its second-quarter 2011 results Tuesday, August 2, after the closing bell. The largest craft brewer in the U.S. has seen its market share increase even as overall beer consumption has fallen off. But earnings were disappointing in the past two quarters...
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Jefferies Initiates Molson Coors At Hold, $50 PT
Wednesday, June 1, 2011 - 5:59amJefferies & Company has initiated coverage on Molson Coors (NYSE: TAP) with a Hold rating and $50 price target.
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Beer Stocks Pull Back from 52-Week Highs (TAP, BUD, ABV, SAM, CCU, FMX)
Friday, May 6, 2011 - 7:49amBeer stocks have pulled back in the past few days, several of them from at or near 52-week highs. It would be easy to point to Tuesday's disappointing first-quarter results from Molson Coors (NYSE: TAP), blamed on rising costs and flat sales. But others, including Anheuser-Busch InBev (NYSE: BUD),...
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Goldman Sachs Reports Molson Coors Stepped Up Cash Returns To Shareholders Unlikely In The Near-Term
Thursday, March 3, 2011 - 9:20amIn a report published by Goldman Sachs, Molson Coors Brewing’s (NYSE: TAP) stepped up cash returns to shareholders are unlikely in the near-term Goldman Sachs said that Molson Coors held its analyst day in NYC today where the company provided an update on the fundamental outlook...
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