Beverages Brewers

  • NEW YORK— The founder of Brooklyn Brewery says the local craft beer business with a global brand won't be moving after all. Company co-founder Steve Hindy told The New York Times on Thursday that he and Brooklyn Brewery's top executives have decided not to leave its longtime home in the borough's Williamsburg section. Brooklyn Brewery's products include...

  • TOKYO, Jan 17- Asahi Group Holdings Ltd is open to the possibility of more acquisitions, its chief said, even after Japan's biggest beer maker sealed $10 billion worth of deals to buy European assets from Anheuser-Busch InBev SA NV last year. The brewer, known for Japan's best-selling "Super Dry" beer, has been expanding beyond its domestic market as alcohol...

  • KYW-TV reports the Jersey shore-based microbrewery is releasing its "Demisemiseptcentennial Ale" on Jan. 25 to celebrate the founding of Villanova University. Co-owners Ryan Krill and Chris Henke first met as freshmen at the suburban Philadelphia school in 2001.. Christine Quisenberry, Villanova's Director of Presidential Initiatives and Events, says...

  • LONDON, Jan 6- Brewer Anheuser Busch InBev and coffee maker Keurig Green Mountain have teamed up to develop a countertop appliance that could dispense alcoholic drinks in the home. Keurig is part of privately held JAB Holding, the investment vehicle of Austria's billionaire Reimann family. JAB Chief Executive Olivier Goudet is also the chairman of AB InBev, the...

  • Oct 31- Constellation Brands Inc, owner of Corona and Modelo beer, said on Monday it would buy a brewery in Mexico from Grupo Modelo, a subsidiary of Anheuser Busch InBev SA NV, for $600 million. Victor, New York- based Constellation said it submitted the proposal to buy the Obregon brewery to the U.S. Department of Justice, which oversees foreign acquisitions.

  • Oct 31- Constellation Brands Inc, owner of Corona and Modelo beer, said on Monday it would buy Obregon Brewery from Grupo Modelo, a subsidiary of Anheuser Busch InBev SA NV, for $600 million. The company, which submitted the proposal to the U.S. Department of Justice, also raised its 2017 free cash flow forecast to $575 million- $675 million, from the previous forecast...

  • AB InBev reports Q3 profit drop

    The world's largest brewer cut guidance as beer sales declined in Brazil and core profits fell by two percent, reports CNBC's Landon Dowdy.

  • *Cuts forecast for revenue per hectolitre, Brazil outlook. BRUSSELS, Oct 28- Anheuser-Busch InBev, the world's largest brewer, reported one of its weakest quarters in years as margins collapsed in recession-hit Brazil under pressure from lower sales, delayed price increases and currency hedges. However, these results were negatively impacted by a very weak...

  • *Cuts forecast for revenue per hectolitre, Brazil outlook. BRUSSELS, Oct 28- Anheuser-Busch InBev, the world's largest brewer, cut its guidance for full-year growth after beer sales declined for a fourth straight quarter in recession-hit Brazil, its second largest market. However, these results were negatively impacted by a very weak quarter in Brazil, "...

  • Time Square, New York.

    As the holidays draw closer, winter beer releases are making their way to bars, restaurants and retailers.

  • A rendering of Terrapin Sun Trust Park

    Terrapin Beer Company is opening a taproom and "brew lab" adjacent to SunTrust Park, which will open next season.

  • *Q2 net sales $2.02 bln vs est $1.96 bln. Constellation said it would buy Utah- based High West Distillery for about $160 million to enter the high-end craft whisky market and expand its premium liquor portfolio. Constellation last year acquired Sculpin IPA craft beer maker Ballast Point for about $1 billion to enter a fast-growing market.

  • Q2 net sales $2.02 bln vs est $1.96 bln. Constellation, which until three years ago was known for its premium wine brands and spirits, transformed into a major beer player in the United States after it acquired the remaining half of its Crown Imports joint venture with Mexico's Grupo Modelo. Constellation said on Wednesday it would buy Utah- based High West...

  • Constellation, which until three years ago was known for its premium wine brands and spirits, transformed into a major beer player in the United States after it acquired the remaining half of its Crown Imports joint venture with Mexico's Grupo Modelo. The Victor, New York- based company also said it would buy Utah- based High West Distillery for about $160 million...

  • Portrait of George Washington

    Long Island beer maker Blue Point Brewing has created a beer inspired by George Washington to mark the first 2016 presidential debate.

  • *Some 350,000 euros raised in beer-for-money crowdfunding. BRUGES, Belgium, Sept 16- A Belgian brewery is turning on the taps of a pipeline buried beneath the medieval city of Bruges to transport its beer to a bottling plant some 3 km away. Half Maan's managing director, Xavier Vanneste, said the idea of a pipe had seemed crazy until he saw local workmen laying...

  • Corona Extra NFL mug

    Beer will greet the Rams as they make their return to L.A. as an NFL team, with big brands making a play for the fans.

  • *UK court ruling effectively raises investor approval hurdle. *More details to be published on Aug. 26. LONDON, Aug 23- SABMiller shareholders can be treated as two separate groups when they vote on the brewer's 79 billion pound takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB aimed at making the vote as fair as possible.

  • Cans of the Sapporo Black Label branded beer sit stacked at the Sapporo Breweries Ltd. factory in Eniwa, Hokkaido, Japan.

    Sapporo is releasing "Premium Black," its first new beer since its "Premium Light" brand was launched in 2004.

  • LIMA, Aug 3- A day after meeting with the head of the opposition-controlled Congress, Peru's prime minister said he was optimistic lawmakers would back President Pedro Pablo Kuczynski's economic reforms, including plans to cut the value-added tax rate. The prime minister, Fernando Zavala, who recently stepped down as chief executive of beer maker SABMiller,...