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Press Releases

Early movers: AMZN, GOOGL, BHI, MCK, HSY, UBS, NVO, SNY, BUD & more

These are the stocks posting the largest moves before the bell.


Beer giant AB InBev winds back revenue forecast

BRUSSELS— Belgium- based beer maker Anheuser-Busch InBev has scaled down its revenue forecast for this year following poor results in Brazil. But the company said in a statement Friday that "given the weak results in Brazil, we now expect growth in line with inflation." Beer volumes in Brazil fell by 4.1 percent in the third quarter, and by 2.5 percent in the United...

Source: The Associated Press

UPDATE 2-AB InBev cuts revenue forecast after triple blow in Brazil

*Cuts forecast for revenue per hectolitre, Brazil outlook. BRUSSELS, Oct 28- Anheuser-Busch InBev, the world's largest brewer, reported one of its weakest quarters in years as margins collapsed in recession-hit Brazil under pressure from lower sales, delayed price increases and currency hedges. However, these results were negatively impacted by a very weak...

Source: Reuters

Anheuser-Busch Inbev posts 3Q profit

LEUVEN, Belgium _ Anheuser Busch Inbev SA on Friday reported third-quarter profit of $557 million. The Leuven, Belgium- based company said it had net income of 34 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

Source: The Associated Press

Budweiser brewer AB InBev slides 5% after cutting guidance due to weak Brazil market

Anheuser-Busch InBev, the world's largest brewer, reported lower than expected core profit in Q3 as beer sales dropped in Brazil.

Source: Reuters

UPDATE 1-AB InBev cuts guidance on weak Brazilian beer market

*Cuts forecast for revenue per hectolitre, Brazil outlook. BRUSSELS, Oct 28- Anheuser-Busch InBev, the world's largest brewer, cut its guidance for full-year growth after beer sales declined for a fourth straight quarter in recession-hit Brazil, its second largest market. However, these results were negatively impacted by a very weak quarter in Brazil, "...

Source: Reuters

Altria Reports 2016 Third-Quarter and Nine-Month Results; Reaffirms 2016 Full-Year Earnings Guidance

Altria’ s 2016 third-quarter reported diluted earnings per share decreased 28.2% to $0.56, as comparisons were affected by special items. Altria’ s 2016 third-quarter adjusted diluted EPS, which excludes the impact of special items, increased 9.3% to $0.82. Altria’ s 2016 nine-month reported diluted EPS decreased 0.5% to $2.02, as comparisons were affected by...

Source: Business Wire

Beer run! Self-driving truck goes 120-plus miles on delivery

DENVER— Anheuser-Busch says it has completed the world's first commercial shipment by self-driving truck, sending a beer-filled tractor-trailer on a journey of more than 120 miles through Colorado. The company says it teamed with self-driving truck maker, Otto, and the state of Colorado for the feat. The trailer, loaded with Budweiser beer, began the...

Source: The Associated Press

'Driverless' beer run; Bud makes shipment with self-driving truck

Anheuser-Busch has completed what's believed to be the first commercial shipment by a self-driving vehicle.


Altria Announces Increased Ownership of Anheuser-Busch InBev

RICHMOND, Va.---- Altria Group, Inc. today filed a Schedule 13 D with the U.S. Securities and Exchange Commission disclosing open market purchases of Anheuser-Busch InBev SA/NV ordinary shares subsequent to the closing of the business combination with SABMiller. From October 11, 2016 through October 21, 2016, Altria purchased approximately 12 million ordinary...

Source: Business Wire