SABMiller H1 net profit down 32 percent
Rocky Mount Telegram - Business (Free subscription) | 19/11/2009
LONDON — SABMiller PLC, the world's second-largest brewer, on Thursday reported a 32 percent d...
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SABMiller H1 net profit down 32 percent
Miami Herald (Free subscription) | 19/11/2009
SABMiller PLC, the world's second-largest brewer, on Thursday reported a 32 percent drop in net profit as revenues were hit hard by unfavorable currency movements and lager volumes declined.
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SABMiller H1 net profit down 32 percent
San Fransisco Chronicle (Free subscription) | 19/11/2009
SABMiller PLC, the world's second-largest brewer, on Thursday reported a 32 percent drop in net profit as revenues were hit hard by unfavorable currency movements and lager volumes declined. For the six months ending Sept. 30, the brewer of Grolsch, Pilsner...
- SABMiller H1 net profit down 32 percent - Seattle Post-Intelligencer
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SABMiller H1 net profit down 32 percent
Seattle Times (Free subscription) | 19/11/2009
SABMiller PLC, the world's second-largest brewer, on Thursday reported a 32 percent drop in net profit as revenues were hit hard by unfavorable currency movements and lager volumes declined.
- SABMiller H1 net profit down 32 percent - Seattle Post-Intelligencer
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SABMiller first-half earnings beat
Reuters UK (Free subscription) | 19/11/2009
LONDON (Reuters) - World No. 2 brewer SABMiller Plc expects a second-half boost from a fall in the cost of inputs such as barley and favourable currency movements after it beat forecasts with a 6 percent rise in first-half earnings.
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MillerCoors profit climbs
Chicago Tribune (Free subscription) | 04/11/2009
MillerCoors, a U.S. joint venture between Molson Coors Brewing Co. and SABMiller PLC, said Wednesday that its third-quarter profit climbed on cost-control efforts as well as the strength of beer brands such as MGD 64.
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MillerCoors 3Q profit up on cost-control efforts
Rocky Mount Telegram - Business (Free subscription) | 04/11/2009
DENVER — MillerCoors, a U.S. joint venture between Molson Coors Brewing Co. and SABMiller PLC,...
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Molson Coors higher profit tops view, shares rise
Reuters (Free subscription) | 04/11/2009
CHICAGO (Reuters) - Molson Coors Brewing Co reported a bigger-than-expected rise in quarterly profit on Wednesday, helped by higher prices and cost savings from its MillerCoors U.S. joint venture with SABMiller Plc .
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SABMiller and Molson Coors Report Double-Digit Quarterly Earnings Growth for MillerCoors
PR News Wire (Free subscription) | 04/11/2009
LONDON and DENVER, Nov. 4 /PRNewswire-FirstCall/ -- Driven by strong revenue growth, cost management and continued synergy delivery, SABMiller plc (SAB.L) and Molson Coors Brewing Company (NYSE: TAP; TSX) today reported double-digit profit growth for MillerCoors for the quarter ended September 30, 2009.
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SABMiller could pay $9 billion for Femsa Beer
Houston Chronicle (Free subscription) | 21/10/2009
SABMiller Plc, the world's second- largest brewer, could pay $9 billion in cash for the beer unit of Fomento Economico Mexicano SAB, Mike Gibbs, an analyst with JPMorgan Chase & Co., said during a conference call today.
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Altria Reports 2009 Third-Quarter Results
Business Wire (Free subscription) | 21/10/2009
RICHMOND, Va.--(BUSINESS WIRE)--Altria Group, Inc. (Altria) (NYSE: MO) today announced 2009 third-quarter reported diluted earnings per share (EPS) of $0.42, which was unchanged versus the third quarter of 2008. Reported results reflect higher operating companies income (OCI) from financial services and cigars, as well as the OCI contribution from the UST LLC (UST) acquisition, lower income taxes,...
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Will Altria Group Burn Out Long Term?
SeekingAlpha Retail Stocks (Free subscription) | 09/10/2009
US-based Altria Group ( MO ) is a holding company with subsidiaries operating in tobacco products and alcohol. Altria is also the largest shareholder in UK-listed brewer, SABMiller plc ( SBMRY.PK ), with a 27.37% stake. The non-cyclical nature of the company's products prevented Altria shares from dropping as far as the broader market during the past year. However, the company's stock has lagged behind...
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Mexican beverages and retail company Femsa Is Holding Talks with ‘Several Parties’ on Beer Division
CEOWORLD Magazine (Free subscription) | 02/10/2009
Mexican beverages and retail company Femsa (FMX) said on it is in talks with several companies about a possible deal involving its beer business. A source familiar with the situation told Reuters that FEMSA (FMSAUBD.MX)(FMX.N) had talked with Britain’s SABMiller Plc (SAB.L) and Heineken (HEIN.AS) from the Netherlands about a possible sale of beer operations that [...]
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Traders Go Nuts On Speculation Over Beer Merger
The Business Insider (Free subscription) | 01/10/2009
Check out the action of Fomento Económico Mexicano (FMX). So what happened? At 3:42, after shares went wild WSJ reported: Femsa, one of the largest beverage companies in Latin America, is in discussions to merge its beer operations with a larger rival in a deal that could be valued at as much as $9 billion and would continue a global wave of brewing consolidation, people familiar with the matter...
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As economy flounders, people still drink beer
BloggingStocks (Free subscription) | 05/06/2009
Filed under: Forecasts , Consumer experience I see it most on Friday afternoons, no matter what the weather: people dressed in uniforms from blue-collar jobs, or dirty overalls, trudging down the street towards their homes, carrying a case of beer, in cans. Sometimes there will be another item in a plastic bag from the corner convenience store: a bag of potato chips, maybe. But the beer never changes....