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Bud Light's Super Bowl Slump: High-Profile Ad Fails To Lift Sales Despite Trump Endorsement
Wednesday, February 28, 2024 - 4:28am | 601The ongoing struggle of Bud Light, the beer brand under Anheuser-Busch InBev (NYSE:BUD), continues as it faces a new challenge with its recent Super Bowl campaign failing to boost sales. What Happened: Despite a high-profile Super Bowl ad and a surprise endorsement from former President Donald...
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Tilray's Beer Business Expands Nationally, Starting In This State
Thursday, September 14, 2023 - 9:16am | 651Montauk Brewing Company, a New York craft brewer and a subsidiary of cannabis giant Tilray Brands, Inc. (NASDAQ: TLRY) (TSX: TLRY), has kicked off its expansion beyond the Northeast, beginning in Georgia, and continues to other significant markets in the U.S. later this year. “This is a huge...
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Tilray CEO Bullish On Beer And Cannabis Legalization, Moves Closer To $4B 'Aspirational Goal'
Wednesday, September 13, 2023 - 3:30pm | 720Tilray Brands (NASDAQ: TLRY) chairman and CEO Irwin D. Simon says his company is set to capitalize on possible cannabis legalization in the U.S. and anticipates creating beer infused with cannabis if/when it becomes legal. Simon has long been optimistic about legalization...
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Craft-Brew Inspired Cannabis Company Hires Anheuser-Busch InBev Veteran As New CEO
Thursday, September 7, 2023 - 5:01pm | 558In a decisive move to amplify its foothold in the cannabis beverage market, Blaze Life Holdings (BLH) has named Anheuser-Busch InBev SA/NV (NYSE: BUD) veteran, Shreyas Balakrishnan as its new CEO. With a stellar career spanning almost two decades at Anheuser-Busch, Balakrishnan...
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Bud Light Maintained Its Dominant Market Position, But That Is Now A Thing Of The Past — Survey Reveals America's New Favorite Beer
Thursday, August 24, 2023 - 2:19am | 682Modelo Especial, a popular Mexican beer, has outpaced Bud Light in sales, dethroning the latter from its position as America’s favorite beer. This shift underscores a significant change in consumer tastes and preferences. What Happened: According to a Tuesday report by Fortune, despite a...
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Bud Light Got Slammed by Likes Of Ron DeSantis, Kid Rock — Now It's Regaining Its US Popularity, Shows Survey
Friday, August 18, 2023 - 12:28am | 614Bud Light is regaining popularity among American consumers, as per a Deutsche Bank survey. What Happened: According to a report by Business Insider on Thursday, Deutsche Bank revealed that Anheuser-Busch InBev’s (NYSE:BUD) beer brand, Bud Light, has shown “...
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EXCLUSIVE: Key Insights And 4 Predictions On Cannabis Sector Equity Research For 2024
Tuesday, July 25, 2023 - 2:22pm | 761In an exclusive preview from Zuanic & Associates' recent cannabis equity research report, Benzinga reveals four key predictions for the next 18 months. The SAFE Banking bill is expected to pass in the fall of 2024. Key Senate players will aim for a "midpoint" compromise on add-...
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Anheuser-Busch Charges Into California Electric Truck Demonstration Race
Wednesday, October 2, 2019 - 6:14pm | 571Anheuser-Busch InBev (NYSE: BUD), one of the biggest customers in line for hydrogen-powered fuel cell electric trucks from Nikola Corp., is jumping into California's electric truck demonstration race with 21 BYD battery-electric beer delivery trucks. BYD is partnering with the non-profit Center...
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California Hits Anheuser-Busch With $500,000 Fine For Violating Air Pollution Laws
Wednesday, July 3, 2019 - 12:30pm | 371The California Air Resources Board (CARB) levied a $500,000 fine against Anheuser-Busch Inbev NV (NYSE: BUD) for violating the state's air pollution laws, the agency announced on July 1. The brewing company's California fleet is based in San Diego. Half of the fine will support the state's...
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Convoy Wins Anheuser-Busch's Non-Asset Carrier Of The Year Award
Monday, May 13, 2019 - 11:31am | 461Convoy, a freight-matching and supply chain solutions technology company, has been named Anheuser-Busch's (NYSE: BUD) Non-Asset Carrier of the Year. "Delivering on our commitment to our customers comes down to smart planning and stellar execution from our carrier partners. While Convoy...
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Benzinga's Bulls & Bears For The Past Week: All Eyes On Apple
Sunday, September 17, 2017 - 3:16pm | 698Benzinga has featured a look at many investor favorite stocks over the past week. However, much of the attention last week was on the latest launches from the iPhone maker. Reactions to the event show the company's pervasive influence on its industry and the broader markets. While...
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Facebook And Amazon: More Earnings From The FANG Stocks
Sunday, April 24, 2016 - 4:38pm | 741Two of the so-called FANG stocks offered up disappointing quarterly results last week. The other two FANG stocks are on deck to share their latest results this week. Wall Street analysts continue to look for strong earnings growth from both of them. The so-called FANG stocks were the momentum...
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Chrysler And Ford Earnings: Following In GM's Footsteps?
Sunday, April 24, 2016 - 4:38pm | 725Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...
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Anheuser Busch To Sell MillerCoors Stake As It Formalizes SABMiller Purchase
Wednesday, November 11, 2015 - 9:51am | 371Anheuser Busch Inbev SA (ADR) (NYSE: BUD) reached an agreement in principle to acquire SABMiller plc (OTC: SBMRY) back in October. ABInBev will also sell SABMiller's 58 percent stake in MillerCoors to Molson Coors Brewing Company (NYSE: TAP). InBev's acquisition of rival SABMiller...
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Edward Jones Analyst On Kraft-Heinz Merger: 'A Cost Savings Story'
Wednesday, March 25, 2015 - 3:20pm | 305Speaking to Benzinga, Edward Jones Analyst Brian Yarbrough discussed the Kraft Foods Group Inc (NASDAQ: KRFT) merger with H. J. Heinz Company. Yarbrough felt that a food industry merger was expected following the acquisition of H. J. Heinz Company by Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE...