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- Anheuser-Busch files suit to block InBev takeover
- WASHINGTON AFP — US brewing giant Anheuser-Busch filed suit to block a hostile takeover by InBev, claiming the Belgian-based rival used "illegal" and "deceptive" conduct, court documents showed Tuesday. The move by the top US brewer came after InBev raised the ante on its hostile bid by launching an...
- Research articles 2008-07-08
- U.S. Supreme Court Opinions: July 7, 2008
- U.S. SUPREME COURT Criminal Procedure Right to counsel BOTTOM LINE: A criminal defendant's initial appearance before a magistrate judge, where he learns the charge against him and his liberty is subject to restriction, marks the initiation of adversary judicial proceedings that trigger attachment of...
- Research articles 2008-07-07
- Carlsberg launches cost-cutting plan
- COPENHAGEN AFP — Danish brewer Carlsberg, which together with Heineken acquired rival Scottish and Newcastle earlier this year, said Tuesday it had launched a savings plan at a cost of one billion kroner (134 million euros, 208 million dollars). Carlsberg aims to cut 700 million kroner in costs per...
- Research articles 2008-06-17
- SABMiller, Molson Coors get US OK for joint venture
- WASHINGTON AFP — British brewer SABMiller and US-Canadian Molson Coors said Thursday US antitrust regulars had concluded a review and that they are "free to proceed" with a joint venture in the US market under a new company called MillerCoors. "SABMiller and Molson Coors expect the transaction to generate...
- Research articles 2008-06-05
- Molson Coors Donates Beer Waste Ethanol for Democratic National Convention Flex-Fuel Vehicles
- The Denver 2008 Convention Host Committee today announced that Molson Coors Brewing Company (NYSE: TAP) (TSX: TAP), a Host Committee sponsor and a leading global brewer, along with its U.S. subsidiary, Coors Brewing Company, will be the Official E85 Ethanol Producer for the 2008 Democratic National Convention. Molson Coors is...
- Research articles 2008-05-21
- Brewer SABMiller cheers soaring profits
- LONDON AFP — Britain-based brewer SABMiller said Thursday that annual net profits jumped 22.6 percent as the group benefited from its strong brands and broad global footprint across emerging markets. SABMiller, which makes Coors Light, Miller Lite and Pilsner Urquell beers, said net profit climbed to 2.02 billion dollars...
- Research articles 2008-05-15
- MVP Bryant has fans in Utah camp
- LOS ANGELES -- When word leaked late Friday that Los Angeles Lakers' star Kobe Bryant will win NBA MVP honors this year, it came as no great surprise to the Jazz. "I don't pay attention to that," Utah coach Jerry Sloan said Saturday as the Jazz prepared to...
- Research articles 2008-05-04
- S and N shareholders approve takeover by Carlsberg, Heineken
- LONDON AFP — Shareholders in British brewer Scottish and Newcastle on Monday overwhelmingly approved a takeover offer from rivals Carlsberg and Heineken, Scottish and Newcastle said. The vote was taken at a special shareholder general assembly in Edinburgh, Scotland. The company said that with the resolution of final legal...
- Research articles 2008-03-31
- Heineken reports profits slump
- AMSTERDAM AFP — Dutch brewer Heineken reported on Wednesday that net profit last year slumped by 33.4 percent owing to extra costs in contrast to exceptional gains in 2006, and said costs were pushing up its beer prices. Net profit amounted to 807 million euros (1.187 billion dollars) from...
- Research articles 2008-02-20
- Brewer Scottish & Newcastle accepts Carlsberg-Heineken takeover bid
- LONDON AFP — British brewer Scottish & Newcastle said Friday it had accepted a 7.8 billion pound (10.5 billion euro, 15.5 billion dollar) takeover bid by Carlsberg of Denmark and Heineken of the Netherlands. The deal, announced in a joint statement to the London stock exchange, is worth 800...
- Research articles 2008-01-25
- Germans brew beers for Jews, Muslims
- HARTMANNSDORF, Germany AFP — Having tapped the local beer market for all it is worth, German brewers have begun making kosher beer for Jews and a halaal, alcohol-free version for Muslims in a search for new clients. In the land of Berliner Kindl, Beck's and Loewenbrau, the kosher version...
- Research articles 2007-12-18
- Brewers ink Gagne to one-year baseball contract
- MILWAUKEE, Wisconsin AFP — The Milwaukee Brewers inked Eric Gagne to a one-year contract on Monday, making the oft-injured lefthander's move official. Gagne, 31, will replace former closer Francisco Cordero, who signed with the Cincinnati Reds last month. Gagne had a 2.16 ERA and 16 saves for the...
- Research articles 2007-12-10
- Grupo Modelo and Molson Strengthen Existing Relationship in Canada.
- MEXICO CITY, MEXICO AND TORONTO, CANADA, Nov 20, 2007 Marketwire via COMTEX -- Grupo Modelo, S.A.B de C.V. gmodeloc, brewer of Canada's #1 imported beer Corona Extra, Molson Coors Brewing Company TAP and Molson Canada, announced that they have signed a letter of intent to establish...
- Research articles 2007-11-20
- SABMiller to buy Dutch brewer Royal Grolsch
- LONDON AFP — SABMiller, the world's third largest brewer, said Monday it has agreed to buy 100 percent of the Dutch peer Royal Grolsch for 816 million euros (1.194 billion dollars). In a statement SABMiller said Grolsch supports its offer of 48.25 euro for each of the Dutch beer...
- Research articles 2007-11-19
- SABMiller toasts 21-percent profits rise
- LONDON AFP — Britain-based brewer SABMiller said Thursday that net profits climbed by a fifth in the first half of its fiscal year, but warned of "a more challenging environment" ahead. SABMiller said that net profit increased by 21.3 percent to 958 million dollars (654 million euros) in the...
- Research articles 2007-11-15
- British brewer eyes Carlsberg stake in Russian joint venture
- LONDON AFP — British brewer Scottish and Newcastle, facing a hostile takeover from Denmark's Carlsberg and Dutch peer Heineken, said Wednesday it would seek to obtain Carlsberg's stake in joint venture BBH. S and N, whose top-selling drinks include Foster's and Kronenbourg 1664, said it had begun a formal...
- Research articles 2007-10-31
- Carlsberg hits out at takeover target Scottish and Newcastle
- LONDON 2007 AFP — Danish brewer Carlsberg on Wednesday denied a claim by takeover target Scottish and Newcastle that it has breached an agreement of their Russian joint venture. The pair have been 50/50 partners in Baltic Beverages Holding since 2002, while last week Scottish and Newcastle reacted angrily...
- Research articles 2007-10-24
- Blue Moon® Honey Moon Wins Gold Medal at the 26th Annual Great American Beer Festival®
- GOLDEN, Colo. -- For the second year in a row, Blue Moon Brewing Company's Honey Moon Summer Ale took home the Gold Medal in the Specialty Honey Lager/Ale category. More than 100 judges evaluated more than 2,700 beers for three days, giving out a total of 222 medals. Honey...
- Research articles 2007-10-17
- European stocks mixed, drinks sector fizzes on takeover news
- LONDON AFP — Europe's main stock markets were mixed on Wednesday, but the drinks sector toasted news of a potential takeover bid for British brewer Scottish and Newcastle. Investors also kept one eye on surging crude oil prices, which remain close to record peaks. High oil prices dent company...
- Research articles 2007-10-17
- SABMiller, Molson Coors to merge US operations
- LONDON AFP — Britain-based brewer SABMiller said Tuesday it had signed a letter-of-intent to combine its US operations with Molson Coors, bringing together the Miller Lite and Coors Light brands. SABMiller and Molson Coors will have equal voting rights in the new MillerCoors company, with SABMiller holding a 58...
- Research articles 2007-10-09
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