Beverage News Archives

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. via PR-inside.com

Heineken NV said Friday it has agreed to buy Romanian brewer Bere Mures, without disclosing financial terms. via PR-inside.com

“Our Sparks brands are federally approved and responsibly marketed to legal drinking age adults”

The Business Journal of Milwaukee - by Rich Rovito The nonprofit Washington, D.C.-based activist group contends that drinks such as Miller's Sparks and Anheuser-Busch's Bud Extra and Tilt contain more alcohol ... via The Business Journal of Milwaukee

Liquor producer Brown-Forman Corp. said Friday its third-quarter profit rose 10 percent from the addition of Casa Herradura premium telquilas along with higher global demand for its flagship Jack Daniel's Tennessee Whiskey line as well as Finlandia vodka.

The Louisville-based distiller said it also benefited from favorable foreign exchange fluctuations but narrowed its profit forecast for the full fiscal year.

For the three months ended Jan. 31, Brown-Forman said it earned $116 million, or 94 cents a share, compared to $105.1 million, or 85 cents per share, in the same period a year ago. The year-ago results included a $6.5 million write-down from the company's sale of its Hartmann luggage division. Read more

“You're getting exactly who you want, and you're not worried about a bunch of 54 year-olds watching”

Tucked away in the website of the Ultimate Fighting Championship are a couple of short instructional videos. via STLtoday

“This enables us to revise upward, once again, our 2007/2008 full-year guidance and to aim at a growth in operating profit from ordinary activities of at least 12 percent on a like-for-like basis”

PARIS : Wine and spirits company Pernod Ricard SA said Thursday that net profit in the first half rose 18 percent due to a strong performance from its premium brands and emerging markets. via International Herald Tribune

The Coca-Cola Co., the world's largest beverage maker, disclosed Thursday in a regulatory filing that it agreed last year to pay $626 million plus the assumption of debt to consolidate its German bottling and ... via Athens Banner-Herald

“There's probably no better pressure than your 8-year-old coming home and asking, 'Where's our emergency kit?,'”

The American Red Cross on Thursday introduced a new program that organizers say is unique because it provides a measurable way for businesses, schools and organizations to learn their readiness should disaster ... via KMOV-TV Saint Louis

“When I look at Dubai, it looks familiar”

Busch plans 4 theme parks in Dubai BY DONNA BALANCIA FLORIDA TODAY Busch Entertainment Corp., a division of Anheuser-Busch, announced plans on Thursday to build four theme parks in Dubai. via FloridaToday.com

Coca-Cola remains Britain's top-selling grocery brand - the soft drinks giant's 2007 sales were 959.9m, more than 350m ahead of its nearest rival. via Ananova

Central European Distribution Corporation today announced that it has signed Heads of Terms, outlining the main terms on which CEDC would invest in the Whitehall Group in Russia. via The South Mississippi Sun Herald

Information Resources, Inc. , the leading global provider of consumer, shopper and market insights for the CPG, retail and beverage alcohol industries announced today the extension of its relationship with E. & ... via Business Wire

New Delhi News.Net Wednesday 27th February, 2008 Asia Pacific Breweries Wednesday launched its strong beer called Baron that will be priced at Rs.50 . Vivek Chabra, regional director of APB, told reporters that ... via New Delhi News.Net

Coca-Cola Enterprises Inc. and United Parcel Service Inc. are rolling out more environmentally friendly trucks. via Atlanta Business Chronicle

“The cooperation with the new U.S. distributor proved to be functioning well”

The Czech state-owned brewery Budejovicky Budvar NP, which has been fighting a long legal battle with Anheuser-Busch over the Budweiser brand, said Tuesday it boosted its exports to the United States by 37 ... via The Topeka Capital-Journal

Cadbury Schweppes has completed the sale of its Monkhill confectionery side, which makes Butterkist popcorn. via Sky News

It's the end of an era at a Tennessee whiskey distillery steeped in tradition. Brown-Forman Corp. via WAVE-TV Louisville

“We do know that there will be a reduction but I don't believe anything is finalized”

Soft-drink maker Cott Corp.'s shares plunged by another 20 per cent at the opening bell Tuesday as it confirmed that it is losing some of its vital Wal-Mart Stores Inc. via The Globe and Mail

“It's our job to produce great results for all of our clients, and winning these awards proves that we are doing just that.”

Leopold Ketel & Partners won four of the seven awards handed out at the 2008 MAX Awards put on by the Oregon Chapter of the American Marketing Association on Feb. via The South Mississippi Sun Herald

UnitedHealth Group Inc., the largest U.S. health insurer, won Justice Department clearance to acquire Sierra Health Services Inc., the dominant medical benefits provider in Nevada, for $2.6 billion. via Bloomberg Business News

Roger S. Pondel / Judy Lin Sfetcu, 310-279-5980 Hansen Natural Corp. today said results for its fourth quarter and full year ended December 31, 2007 will be released on Thursday, February 28, 2007 after the ... via PR-inside.com

If Oscar fashion sets any trend this year, expect to be seeing a lot of red. Bright scarlet appeared to be the favorite color among female stars and those who dressed them for the 80th Annual Academy Awards. via WEWS

Karen Jean Geis and Nathan Allen Hentges of Shakopee announce their engagement and upcoming wedding. via Jordan Independent - Newspaper and on...

Brown-Forman Corporation will release its third quarter financial results for fiscal 2008 on February 29 by 8:00 a.m. . The company will host a conference call to discuss the results at 10:00 a.m. that same ... via Earth Times

“We can never replace organic growth with acquisitions”

Coca-Cola Co said on Friday it would continue to make acquisitions, but they were not necessary for the world's largest soft drink maker to meet its long-term growth objectives. via Reuters

“It is only a matter of time before she is plucked for a big Washington post, possibly a cabinet job.”

Nooyi ... face of India NEW DELHI: Indra Nooyi, the India-born chief of the global soft drinks and snacks giant PepsiCo, wants a role in the US government after a few years, she has told Fortune magazine in a ... via Gulf Times

UnitedHealth Group announced today that its Board of Directors, at its regular meeting on February 19, 2008, authorized payment of an annual dividend to shareholders for 2008. via Business Wire

New York, Feb 23 : PepsiCo's India-born chief Indra Nooyi is among Forbes' list of 10 best women chief executive officers of large corporations based on their total return to investors since each woman took the ... via Newkerala.com

“I think it's going to take some time, but shortly you'll see us improving our position”

The president and chief operating officer of The Coca-Cola Co., the world's No. 1 soft drink company, predicted Friday that more consumers in North America would buy its trademark colas in 2008. via Columbus Ledger-Enquirer

“We believe we are adapting well to the changing landscape”

The upbeat tone for the presentation from Anheuser-Busch Cos. was set from the beginning. via St. Louis Post-Dispatch

“Jim provides our clients with outstanding industry and consulting expertise and experience”

Jim Bowling, a 15-year strategic marketing veteran in consumer, pharmaceutical, industrial, technology, and services sectors, has joined RTM&J as Principal Consultant. via Customer Interaction Solutions

Brewer and wine maker Foster's Group Ltd. said Tuesday that the outlook for the U.S. wine market remains challenging as it reported a 28 percent drop in first-half net profit, after asset sales inflated the ... via PR-inside.com

“I COULD PUT OUT THAT APPLEGARTH'S WINDOWS”

The Investors in People Standard continues to return tangible bottom-line results for over 1,200 Northern Ireland employers. via UTV

Anheuser-Busch Cos. Inc. management reaffirmed the company's 7 percent to 10 percent long-term earnings growth objective and laid out plans to accelerate U.S. beer sales and profitability in a presentation to ... via St. Louis Business Journal

The Board of Directors of The Coca-Cola Company today approved the Company's 46th consecutive annual dividend increase, raising the quarterly dividend 12 percent from 34 cents to 38 cents per common share. via WebWire

EAST RUTHERFORD ... A 287-foot tall Ferris wheel under construction at the Meadowlands will be draped Pepsi's logo. via Home News Tribune

“I COULD PUT OUT THAT APPLEGARTH'S WINDOWS”

The Investors in People Standard continues to return tangible bottom-line results for over 1,200 Northern Ireland employers. via UTV Internet

“Attorney General Cuomo is concerned about the marketing of caffeinated alcoholic beverages to young people”

By CHRISTOPHER LEONARD AP Business Writer ST. LOUIS -- Several state attorneys general have subpoenaed documents from Anheuser-Busch Cos. via KSDK NewsChannel 5

“This should not be a surprise, but still does not read that well”

Dutch brewer Heineken N.V. on Wednesday warned of growing input costs and reported a 33% drop in annual profit, taking the luster of a year in which it reported strong emerging-market sales growth and managed ... via MarketWatch

By Anastasia Tomazhenkova: A global American beverage and snack company PepsiCo Inc. via Pravda

“Heineken released a mix bag of results in our view ... net profit and top line disappointed. The comments for 2008 on input price and the absence of volume growth forecasts might also be seen as disappointing”

Dutch brewer Heineken NV reported 2007 net profit in line with its guidance on Wednesday but its shares fell sharply as analysts expressed disappointment at the lack of a concrete 2008 outlook. via Reuters RSS Reuters.com

“I am a 55-year-old person who has lived through a different advertising experience ... In the end, I trusted in the young and talented people who came up with the idea.”

A year ago, Cadbury's UK chocolate business was reeling from a salmonella-related product recall that had wiped 30m off sales, provoked a 1m fine and damaged the group's reputation. via Guardian Unlimited

“We are essentially covered on our ingredients and energy needs for fiscal 2008, and in fact for calendar 2008 at this point we are two-thirds covered, and a little bit further covered on key commodities”

MINNEAPOLIS : Food companies General Mills and ConAgra raised their profits estimates Tuesday, shrugging off higher costs for grain, energy and other raw materials thanks to cost-cutting, rising sales and ... via International Herald Tribune

“This is a test, so that is the initial number of eggs made”

Cadbury Schweppes is trialling an unboxed chocolate egg in the UK this Easter, after consumers called for the company to be more environmentally friendly and use less packaging. via Confectionery News

“Although the economic outlook for 2008 remains uncertain, we are encouraged by the good trading momentum we have seen in the new year and our continued progress on cost reduction initiatives”

Britain's Cadbury Schweppes Plc on Tuesday reported a 2 percent dip in 2007 profits but added it was encouraged by the good trading momentum it had seen in the new year and saw margin improvement in 2008. via Reuters

“Foster's expects total group volume, and constant currency net sales revenue and EBITS (earnings before interest tax and SGARA) growth trends from the first half to continue into the second half”

Foster's Group Ltd has reported a 28 per cent fall in first half profit and says it earnings outlook remains solid. via The Age

“We have a couple of paving projects we're going to let out pretty quick.”

The greater than average snowfall this area has received has slowed completion of the Pepsi Bottling Group distribution plant at the south edge of Aztec. via Four Corners Business Journal

In a good news-bad news scenario for the community, a 118-year-old family business is being sold, but a larger companion enterprise will remain. via Buffalo News

For the very first time in Jordan, Coca Cola, the world's paramount soft drink brand, held an internal event commemorating its distributors' and staff's efforts and ongoing dedication. via AME Info

“It's definitely slowing. The category has gotten very big and now consumers are experimenting”

February 17, 2008 By Kenneth Hein The beverage giants are hoping a little goodwill goes a long way. via Technology Marketing

Publicis Groupe SA , the advertising company that owns the Saatchi & Saatchi agency, said Thursday its full-year profit edged up 2 percent after the company won new contracts with companies such as Coca-Cola ... via Chicago Tribune

Coca-Cola Company is the world's largest soft drink maker and undoubtedly one of the most recognized brands throughout the world. via The Retail Stock Blog

“For Anheuser it is decision time because it has a problem. They have an historic opportunity with S&N or InBev because they are running out of opportunities. ”

US beermaker risks falling behind if it doesn't start looking at deals, says Jonathan Sibun When European brewers Carlsberg and Scottish & Newcastle publish the latest trading figures for their Russian joint ... via Telegraph.co.uk

Bosses are toasting higher Guinness sales thanks to the most expensive advert ever for the black stuff. via Mirror.co.uk

Leo Kiely III - Chief Executive Officer, Director; CEO of Coors Brewing unit Timothy V. Wolf - Global Chief Financial Officer Kevin T. Boyce - President and Chief Executive Officer, Molson Canada Peter Swinburn ... via Seeking Alpha

Spirits company Bacardi USA Inc. spent $560,000 in 2007 to lobby on issues including trade with Cuba and trade name protections, among others. via Hispanic Business

“They're out there kicking around the market”

Dallas-Fort Worth is on a list of cities on tap for the corporate headquarters of a merged venture between Molson Coors Brewing Co. via The Birmingham News

Bacardi U.S.A., Inc., Brown-Forman Corporation, and RA©my Cointreau USA, Inc. via Avenue Vine

“I think next year will be challenging for all of us”

Liquor maker Diageo yesterday reported a 8.9 percent gain in interim profit as increased advertising lifted sales of Smirnoff vodka and Johnnie Walker whiskey in the US. via Business Report

“All of our segments posted solid results for the year.”

Beverage and snack company PepsiCo last week posted a 10.3 per cent increase in operating profit for the tax year ending 30 December 2007, but higher overall costs led to a slight decrease in margins for the ... via Food And Drink Europe

Labatt USA says it is moving it's pond hockey tournament from Hoyt Lake to the parking lots of the Erie Basin Marina. via WIVB-TV Buffalo

OSLO, Norway_Norwegian conglomerate Orkla ASA announced a more than 60 percent decline in fourth quarter net profits from a year earlier, pulled down by the weak dollar, higher costs for raw materials and the ... via Customer Interaction Solutions

“People will understand the Bud Light Lime concept very quickly.”

St. Louis -- The nation's biggest brewer is adding a twist of lime to its flagship product Bud Light to help add some fizz in the face of stagnant demand. via Springfield News Leader

UK beverage company Diageo has reported a 15 per cent increase in earnings for the first half of 2007 on higher sales across the world. via Shropshire Star

“The sales and distribution of the Boag's portfolio on the mainland commenced on January 14, 2008, and the overall Boag's integration process is running ahead of schedule”

Trans-Tasman brewer Lion Nathan Ltd has revised its guidance for net profit before significant items for the 2008 financial year to $265 million to $275 million. via The Age

New York's attorney general plans to sue UnitedHealth Group Inc. and its subsidiary Ingenix , calling the insurer part of an effort to defraud consumers by manipulating reimbursement rates. via Business Journal Milwaukee

A Molson Coors executive says it's unlikely the headquarters for the merged MillerCoors will be in Denver or Milwaukee. via WBAY

“We're treating this as a big launch”

Anheuser-Busch Cos. plans to "fruit the beer." The St. Louis-based brewer will introduce Bud Light Lime in the first week of May, backing the new beer with a $35 million marketing blitz on television and ... via STLtoday

Jones Soda has bumped Coca-Cola again, replacing it as the soda drink partner for Alaska Airlines and Horizon Air. via Seattle Times

“Our strategic brands showed robust growth in the fourth quarter and throughout the year, despite challenging competitive and economic conditions.”

Molson Coors stock jumped Tuesday after it reported fourth-quarter profits that topped analysts' estimates. via CBC

“Our 2007 results reflect success in becoming more effective and efficient, in providing customers with improving levels of execution, and in developing our brand portfolio”

Coca-Cola Enterprises Inc. showed a profit in 2007, unhampered by a restructuring charge that put it at a loss in 2006. via Atlanta Business Chronicle

“We cannot afford to wait and see which way commodities are going”

- Troubled soft-drink maker Cott Corp. (TSX:BCB) says its focus on the U.S. bottled-water and energy-drink businesses will help it turn around the company's North American operations this year.

After a difficult 2007 because of high costs and low consumer demand, Cott says it is even more sure of its "belief that water and new age beverages really are the future of this company."

This year "simply is the year when Cott North America will restore profit momentum and build a platform for sustainable growth in the future," Rick Dobry, Cott's president North American operations, said Monday during a webcast of the company's investor day in Florida. Read more

“The Coca-Cola Company is honored to receive the Recycling Works award from the National Recycling Coalition”

The award which will be presented tonight at the Coalition's 10th Annual Gala, recognizes the Company's broad, significant and visionary approach to insuring environmental sustainability for packaging of the ... via Snack Food/Wholesale Bakery

So, we've got this promotional thing going on with this new zero calorie sparkling drink from Pepsi called Tava . via TV Squad

“We anticipate a successful outcome”

By Jerry Gleeson The Journal News * February 11, 2008 Among the stakes in the possible departure of the Pepsi Bottling Group headquarters in Somers is $1.94 million in tax revenue that the company pays to the ... via The Patent Trader

“Coke is working very hard to build up its portfolio of non-carbonated brands”

Coca-Cola spent millions to showcase its flagship Coke Classic brand in Super Bowl ads on Sunday, but the $40 million it invested Tuesday in a trendy tea company may be a better indicator of where its sales ... via USA Today

A live audio webcast of the presentation will be accessible through PepsiCo's website at http://www.pepsico.com . The webcast will be available for replay at the same site for a period of 14 days. via Snack Food/Wholesale Bakery

“I think they're going to be asked a lot of tough questions by a lot of shareholders who have lost a lot of money”

Just one business day after posting brutal fourth-quarter numbers, Cott Corp. hopes to repair its tattered image with investors by showing them around the new corporate office in Tampa. via The Globe and Mail

“We're delighted to have such a bright and talented pool of students to consider for our 20th anniversary class.”

Nicholas Jain, a student at Kennett High School has been selected as a semifinalist in the 20th anniversary class of the Coca-Cola Scholars Program. via Daily Dunklin Democrat

“Pepsi Bottling has gobbled up its own shares, reducing shares outstanding by 5.2% in the past 12 months.”

" Pepsi Bottling Group , is the world's largest manufacturer, seller and distributor of Pepsi-Cola beverages, with annual sales of nearly $13 billion," says David Fried , a long-standing specialist in companies ... via Blogging Stocks