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Beer giant Anheuser-Busch InBev commits to 100 percent renewable energy

Brewing powerhouse AB InBev has committed to secure all of its purchased electricity from renewable sources by 2025.

Source: CNBC.com

Research Reports on Beverages Equities -- Ambev, Anheuser-Busch InBev, Molson Coors Brewing, and Fomento Economico Mexicano

Today, Stock-Callers.com monitors these four stocks: Ambev S.A., Anheuser-Busch InBev S.A./ N.V., Molson Coors Brewing Co., and Fomento Economico Mexicano S.A.B. de C.V.. Shares in Brazil headquartered Ambev S.A. ended Friday's session 0.36% lower at $5.51. Moreover, shares of Ambev, which through its subsidiaries, produces, distributes, and sells beer, draft beer, soft...

Source: PR Newswire

Czech beer Budvar hits production record in 2016

PRAGUE— Production of Budvar beer, which has been embroiled in a lengthy legal dispute with U.S. giant Anheuser-Busch over the use of the "Budweiser" brand, reached a record in 2016.. Budejovicky Budvar NP, a Czech state-owned brewery, said Friday that its output rose 0.8 percent to 1.615 million hectoliters of beer, the highest volume in its 120- year history.

Source: The Associated Press

One reading on inflation came in hotter than expected in February

U.S. producer prices moderated in February, but the trend pointed to a steady building up of inflation pressures.

Source: Reuters

Craft Brew Alliance Announces Delay in Earnings Release and Conference Call for Fourth Quarter and Full Year 2016

PORTLAND, Ore.---- Craft Brew Alliance, Inc. announced a delay in its fourth quarter and full year 2016 earnings release and conference call, previously scheduled for March 13, 2017, to allow additional time to conclude on the accounting treatment for the series of agreements with Anheuser-Busch announced in the third quarter of 2016.. Craft Brew Alliance is an...

Source: Business Wire

AB InBev suffers first core profit decline on Brazil slump

Anheuser-Busch InBev suffered its first decline in core earnings since its formation over a decade ago as Brazil depressed beer sales by even more than expected.

Source: Reuters

Anheuser-Busch Inbev posts 4Q profit

LEUVEN, Belgium _ Anheuser Busch Inbev SA on Thursday reported fourth-quarter earnings of $400 million. The Leuven, Belgium- based company said it had profit of 21 cents per share. Anheuser-Busch Inbev shares have climbed slightly more than 4 percent since the beginning of the year.

Source: The Associated Press

AB InBev raises merger savings target to $2.8 billion

The world's largest brewer raised its forecast for savings from its SABMiller takeover after reporting weaker earnings due to a beer sales slump in Brazil.

Source: Reuters

UPDATE 2-AB InBev suffers first core profit decline on Brazil slump

*Recession hits Brazil beer sales, weak real hikes costs. LEUVEN, Belgium, March 2- Anheuser-Busch InBev, the world's largest brewer, suffered its first decline in core earnings since its formation over a decade ago as recession-hit Brazil depressed beer sales by even more than expected. The brewer of Budweiser, Stella Artois and Corona, which makes more than a...

Source: Reuters

UPDATE 1-AB InBev raises merger savings target to $2.8 bln

LEUVEN, Belgium, March 2- Anheuser-Busch InBev, the world's largest brewer, on Thursday raised its forecast for savings and benefits from its SABMiller takeover to $2.8 billion from $2.45 billion after reporting weaker than expected earnings due to a beer sales slump in Brazil. The company highlighted difficulties it is facing in its second largest market...

Source: Reuters