"Beer has to have water," says the manager of one brewery, who noted that a typical can of beer is 92 percent water.» Read More
Discussing the rise of craft brews and consolidation in the beer sector, with Jeff Cioletti, Beverage World Magazine editor-in-chief.
Discussing news AB InBev is not in talks about financing for a purchase of SABMiller, as well as news Heineken rejected a takeover proposal from SABMiller, with Mark Swartzberg, Stifel Securities analyst, and Michael Bellas, Beverage Marketing Corp. CEO.
NEW YORK, Sept 15- Talk about further consolidation in the brewing industry was helping lift consumer staple stocks on the S&P 500, with the largest gainers Altria, in point terms, and Molson Coors, percentage-wise.
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.
*Company rejects advances of bigger rival SABMiller. Begun in 1864 by Gerard Adriaan Heineken with the purchase of a brewery in Amsterdam, the company now has more than 165 plants in over 70 countries and is the world's third-largest beer maker- yet his great-granddaughter Charlene de Carvalho-Heineken is still wedded to the firm.
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.
Sept 10- American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.
Peter Gago, chief winemaker at Penfolds Wines, says people are willing to pay a high price for Australian wines.
BOGOTA, Sept 5- Colombia's coffee production will be between 11.5 million and 12 million 60- kg bags in 2014, up from a previous estimate of 11.4 million bags, the head of the farmer-funded growers' federation said on Friday, thanks to good weather and tree renovation.
MINEOLA, N.Y., Sept 4- The privately held U.S. producer of AriZona iced tea might face insolvency if the judge overseeing a dispute between its founders sets its value at $3 billion or greater, a lawyer for the co-owner running the company said Thursday.
Sept 3- The leading vodka brands in the United States are losing their buzz as craft distillers and other alcoholic drinks infringe on their turf. Both Diageo Plc, which markets Smirnoff, and Pernod Ricard SA, known for its Absolut brand, say newcomers to the vodka market are cutting into their sales.
AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..
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.