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Clipped: Foreign funds that 'hedge' against currencies lag

Coming into this year, with Republicans fully in charge of Washington, expectations were for the dollar to build on a postelection rally, leading many investors to see hedging as the wiser strategy. Consider the WisdomTree Europe Hedged Equity fund, an exchange-traded fund that owns Anheuser-Busch InBev, Telefonica and other European stocks.

Source: The Associated Press

Molson Coors Reports 2017 Second Quarter Results

EPS of $1.49 increased 4.2%, and Underlying EPS of $1.66 Increased 3.1%. DENVER& MONTREAL---- Molson Coors Brewing Company today reported results for the 2017 second quarter. Molson Coors president and chief executive officer Mark Hunter said, "In the second quarter, we continued to drive our First Choice for Consumers and Customers agenda, with laser focus on...

Source: Business Wire

Booze stocks soar after earnings beat driven by foreign sales

Shares of both Anheuser-Busch and Diageo jumped Thursday after both firms reported revenue gains.

Source: CNBC.com

Altria Reports 2017 Second-Quarter and First-Half Results; Reaffirms Full-Year Earnings Guidance; and Announces Expanded Share Repurchase Program

Altria’ s 2017 second-quarter reported diluted earnings per share increased 22.6% to $1.03, as comparisons were affected by special items. Altria’ s 2017 second-quarter adjusted diluted EPS, which excludes the impact of special items, increased 4.9% to $0.85. Altria’ s 2017 first-half reported diluted EPS increased 19.0% to $1.75, as comparisons were affected...

Source: Business Wire

Anheuser-Busch Inbev posts 2Q profit

LEUVEN, Belgium _ Anheuser Busch Inbev SA on Thursday reported second-quarter earnings of $1.5 billion. On a per-share basis, the Leuven, Belgium- based company said it had net income of 76 cents. Anheuser-Busch Inbev shares have increased roughly 10 percent since the beginning of the year.

Source: The Associated Press

UPDATE 2-AB InBev profit rises, sees brighter hopes for Brazil

*China, Mexico, South Africa, Argentina strong. *Brazil profit declines for sixth consecutive quarter. BRUSSELS, July 27- Strong growth in China, Mexico and new market South Africa helped Anheuser-Busch InBev, the world's largest brewer, to increase earnings in the second quarter.

Source: Reuters

Profit soars for brewer AB Inbev after merger with SABMiller

BRUSSELS— Anheuser-Busch InBev, the world's largest brewer, says its net profit soared to $1.5 billion in the second quarter of 2017 from $152 million in the same period a year earlier, before its merger with rival SABMiller. AB InBev says last year's 79 billion pound merger with SABMiller "continues to go as planned." The deal gives AB InBev a large presence in...

Source: The Associated Press

UPDATE 1-AB InBev sees broad earnings rise outside weak Brazil

BRUSSELS, July 27- Anheuser-Busch InBev, the world's largest beer maker, reported an increase in second-quarter earnings on Thursday as gains in China, Mexico and new market South Africa offset weakness in Brazil. AB InBev, which sells more than twice as much beer as nearest rival Heineken following its $100 billion acquisition of SABMiller in 2016, said...

Source: Reuters

AB InBev's Australian unit keen on Sabeco, Habeco stakes - Vietnam

HANOI, July 25- Vietnam said Australia's Carlton& United Breweries, part of the world's largest brewer Anheuser-Busch InBev, has expressed its interest in becoming a strategic investor of Vietnam's top brewers Sabeco and Habeco. CUB's general director has conveyed the interest to Vietnam's Deputy Prime Minister Vuong Dinh Hue during their meeting in Sydney...

Source: Reuters