Food and Beverage Beverages

More

  • *Q2 China bottling operations weak, juice sales hurt. July 27- Coca-Cola Co reported lower-than-expected quarterly revenue as higher sales in North America failed to make up for weakness in many of the company's emerging and developing markets, including China and Argentina. "Strong performance in some of our largest and most developed markets, including the...

  • "Strong performance in some of our largest and most developed markets, including the United States, Mexico and Japan, was offset by difficult external conditions in many of our emerging and developing markets, including China and Argentina," Chief Executive Muhtar Kent said in a statement. However, net income attributable to shareholders rose to $3.45 billion,...

  • Coke reports mixed quarter

    CNBC's Sara Eisen breaks down Coca-Cola's quarterly numbers.

  • Russian River Brewing Company bartender pours a glass of the newly released Pliny the Younger triple IPA beer in Santa Rosa, California.

    While craft remains one of the bright spots in the U.S. beer business, the double-digit momentum from previous years is gone.

  • Adds details, closing prices) Adds details, updates prices). LONDON, July 26 (Reuters)- Gains in major healthcare and consumer goods stocks propped up European equities on Tuesday, partly offsetting persistent concerns over the region's banking system. Berkeley Futures associate director Richard Griffiths said those stocks were benefiting from being...

  • BRUSSELS/ LONDON, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday in an attempt to quash investor dissent over an offer made less attractive by a post Brexit vote fall in the pound. The change comes after a number of activist investors, such as Elliott Capital Advisors and TCI Fund Management, bought stakes in...

  • Adds details, closing prices) Adds details, updates prices). MILAN/ LONDON, July 26 (Reuters)- Gains in major healthcare and consumer goods stocks propped up European equities on Tuesday, offsetting persistent concerns over the region's banking system. Berkeley Futures associate director Richard Griffiths said those stocks were benefiting from being...

  • New dress code for Starbucks baristas

    The coffee chain says employees now have more leeway to choose what goes under the green apron.

  • Anheuser-Busch sweetens offer to buy rival SABMiller

    The brewer raised its offer due to the sharp fall in the sterling following the UK's vote to leave the European Union.

  • Stocks to Watch: July 26, 2016

    Verizon, Anheuser-Busch and Gilead Sciences are making headlines this morning before the opening bell.

  • *Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It also tweaked the terms of an alternative...

  • *Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It has also tweaked the terms of an alternative...

  • LONDON— Budweiser maker Anheuser-Busch InBev increased its cash offer for SABMiller to 45 pounds per share to blunt a revolt by investors who had seen the relative value of their payout plummet as the pound declined following Britain's vote to leave the European Union. AB InBev on Tuesday sweetened its bid by one pound a share to appease smaller investors who...

  • RANDOM LAKE, Wis.— Cone heads, zombies, beards, bananas— they are some of the creative beer tap handles that have become a big business as the number of craft breweries has skyrocketed. There were 2,033 craft breweries in 2011 compared to 4,144 last year, according to the Brewers Association. It behooves breweries to stay within the guidelines, says Rob Zellermayer,...

  • Heineken Light bottles.

    It's been one year since Ronald den Elzen took the top spot at Heineken USA, and the CEO explains why "small exceptions" matter.

  • American Airlines Group Inc., up $1.40 to $36.36. Boston Beer Co., up $25.42 to $190.16. Boeing Co., down 6 cents to $133.47.

  • Stocks to Watch: July 22, 2016

    American Airlines, GE and Starbucks are making headlines this Friday morning to wrap up another busy week of earnings.

  • BOSTON _ Boston Beer Co. on Thursday reported second-quarter earnings of $26.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share. Boston Beer shares have declined 18 percent since the beginning of the year.

  • *SABMiller awaiting China preconditions before scrutinising terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...

  • *SABMiller awaiting China preconditions before scrutinizing terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...