RIO DE JANEIRO, July 29- Ambev SA, a subsidiary of beverage company Anheuser Busch Inbev SA, missed quarterly profit estimates and gave up on expanding sales in Brazil this year, sending its shares to their lowest point in nearly seven months. The company is likely to struggle for the next two quarters as Brazil grapples with its worst recession in eight decades,... » Read More
The "Fast Money Halftime Report" traders dissect stock moves after rumors over beer consolidation, and share their favorite plays in the space.
CNBC's David Faber rounds up the consolidation rumors surrounding the beer industry. According to sources, AB InBev is not in talks about financing for a SABMiller purchase.
Olly Wehring, managing editor of Just-Drinks, discusses how independence could threaten Scotland's Scotch whiskey industry.
Craft distillers are taking advantage of Americans' obsession with pumpkin spice everything—with results that could rival the pumpkin spice latte.
Tim Martin, chairman of JD Wetherspoon, says his push to make taxes on alcohol the same for supermarkets and pubs is being listened to by the U.K. government.
Tim Martin, chairman of JD Wetherspoon, says there is no reason an independent Scotland can't do well, citing Singapore and New Zealand as key leads to follow.
Peter Gago, chief winemaker at Penfolds Wines, says people are willing to pay a high price for Australian wines.
Cocktail mixers are going high end. When to buy, and how to make the most of syrups and shrubs at home.
New small-batch syrups and mixers make it easier for consumers to craft cocktails at home.
The "Squawk Box" crew conducts its own wine in a can taste test. It's not bad, says Becky. I feel like I'm at mass, quips Joe.
Ryan Harms, Union Wine Company is trying to make wine more accessible for the masses and appeal to a new "varietal" of wine drinkers by offering consumers wine sold in a can.
Discussing the deal with Monster Beverage and who Coke should be looking to acquire, with Robert Luna, SureVest Wealth Management, and William Chappell, SunTrust Robinson Humphrey.
Jeff Cioletti, Beverage World, discusses Coca-Cola's stake in Monster Beverage. Cioletti explains why it makes sense for Coke to get involved with Monster.
Colin Valentine, chairman at CAMRA, explains why more and more U.K. breweries are opening while there is an increasing number of pubs closing down.
Can energy-efficient distilling produce a better vodka? One Brooklyn distillery is giving it a try.
A third year of severe drought in California has dried up water supplies and imposed restrictions. Yet bottled water is still being produced there.
Bob Kunze-Concewitz, CEO of Gruppo Campari, says the company's Aperol brand is it fastest-growing drink.
Trevor Stirling, senior research analyst at Sanford Bernstein, discusses the impact of Russia sanctions on drinks giants.
Mixologists opened nearly 11,000 bottles at this year's Tales of the Cocktail convention. What you'll want to drink this year.
The new Roca Patrón uses an old-school production method that calls for a 2-ton volcanic rock.