MillerCoors

With Pabst and Molson Coors Brewing Co (NYSE: TAP) facing off in court, BMO Capital Markets considered the implications for the beer industry. The Analyst Analyst Amit Sharma reiterated a Outperform rating on Molson Coors with an $85 price target. The Thesis The trial has the potential to have a...

President Donald Trump announced Thursday new proposed tariffs on steel and aluminum imports. Naturally, this is seen as a positive for domestic steel manufacturers but behind the scenes one overlooked segment could be harmed: beer companies. What Happened MillerCoors said on Twitter it'...

Industry beer shipment trends were soft in 2015. Although there was a significant increase in beer volumes in Q1 this year, growth was driven largely by February's Leap Day. “Over the summer, we saw a return to the softness from 2015, and despite a modest uptick in the latest figures, there...

Molson Coors Brewing Co (NYSE: TAP) has announced it has officially completed a full takeover of MillerCoors U.S. JV after the company took over Sabmiller Ltd (ADR) (OTC: SBMRY)'s 58 percent stake in the joint venture. Molson Coors stock initially jumped after the Anheuser Busch Inbev SA (ADR) (...

Goldman Sachs reinstated Molson Coors Brewing Co (NYSE: TAP) with a Buy rating following the completion of its full acquisition of the MillerCoors US JV and global rights to the Miller brand. The brokerage, which has a price target of $130 (21 percent upside) on the issue, said the deal is "...

Molson Coors Brewing Company (NYSE: TAP) announced plans to sell euro-denominated bonds, which represents the first corporate-debt offering in Europe since the market collapse affected by the Brexit vote. Referring to the company's statement, Bloomberg reported the proceeds from the offering, along...

Kellner Capital believes that the Anheuser Busch Inbev SA (ADR) (NYSE: BUD)/SABMiller merger is an indication of the continuing appetite in the M&A market for large deals. Fund manager Chris Pultz believes that the companies will be able to appease global antitrust regulators and gain...

According to a Gallup Poll released July 23, the American adult beverage of choice is beer. Of those Americans who consume alcohol, 41 percent prefer beer, 31 percent wine and 23 percent named liquor. As of 2013, there were about 2,822 breweries in the U.S, including 119 regional breweries,...

Okay, so Yahoo! (NASDAQ: YHOO) CEO Marissa Mayer overslept and was two hours late for a meeting.  An important meeting. Still, she is likely not the first CEO of a major corporation to oversleep and miss part of a meeting. She is however, Marissa Mayer, and...

U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...

Where better to find out about America's drinking preferences than from a company that produces an alleged hangover cure? According to that company, Blowfish, the Budweiser produced by Anheuser-Busch Inbev (NYSE: BUD) may no longer be the “king of beers” when it comes to the average American's...

Instead of “David versus Goliath,” the Senate Banking Committee had to sort out a “Goliath versus Goliath” scenario Tuesday, according to Reuters. Big aluminum buyers, represented by the second largest brewer in the U.S., charged that the largest banks in the country drove up their costs by...

Tom Long, Chief Executive Officer of MillerCoors, appeared on CNBC's Squawk Box to talk about the longtime summer tradition of drinking beer. The conversation ranged from the happenings of MillerCoors to legislation around the taxation of the industry. "Summertime is beer time, and every single...