Molson Coors Brewing Co., owner of the Coors Light, Keystone and Blue Moon brands, did fine in its recent third quarter. It’s the next quarter the beer maker is nervous about. (more…)
SABMiller plc (LN:SAB; OTC:SABMRY) and Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) reported that MillerCoors third quarter underlying net income increased 13.5 percent to $325.6 million versus prior year driven by positive pricing, favorable brand mix and continued strong cost management. Coors Light continued to grow volume and market share, and Tenth and Blake Beer Company continued to grow ahead of the overall craft segment. (more…)
Danish brewer Carlsberg has been given the all clear by Vietnamese authorities to increase its stake in Vietnamese brewer Habeco to 30 percent, a company spokesman told Reuters on Monday. (more…)
Maui Brewing Co. (MBC) is elated to announce some recent additions to their “family”: Darren Moser, Director of Brewery Operations, and Kaiao Archer, Brewer. (more…)
— Carlsberg could raise its stake to Hanoi Beer Alcohol & Beverage Joint Stock Corp. to 30%
— State-controlled Habeco says Danish brewer to acquire 13% stake
— Carlsberg to pay 50,015 dong per share (more…)
A tattooed man with a goatee shakes five dice in a black cup, slams it down on the bar and watches as they come to rest among half-full beer bottles and empty shot glasses. (more…)
Craft Brew Alliance, Inc. (“CBA”) (Nasdaq: BREW), an independent craft brewing company, reported net sales of $127.4 million and net income of $2.2 million for the nine months ended September 30, 2012, as compared with net sales of $114.3 million and net income of $9.4 million a year ago, which included an after-tax gain of $6.5 million from the sale of our minority interest in Fulton Street Brewery, LLC (“FSB”). Earnings per share (“EPS”) on a fully diluted basis for the year-to-date period were $0.12 as compared with $0.50 for the same period last year, which included $0.34 from the FSB sale. (more…)
Carlsberg India, a subsidiary of Danish brewing company Carlsberg, has acquired its sixth brewery in Dharuhera, Haryana. (more…)
As the US assesses the damage wreaked by the superstorm Hurricane Sandy, the craft beer industry has also been hit heavily by the storm. (more…)
Gentle filling, good taste, long shelf life (more…)
