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Beverages Brewers

  • LONDON/ BRUSSELS, Nov 13- The world's biggest brewer, Anheuser-Busch InBev, is replacing its North American chief to stem a years-long sales decline in its largest market. The maker of Budweiser and Bud Light said on Monday that Joao Castro Neves would be succeeded on Jan. 1 by another Brazilian company veteran, Michel Doukeris, currently chief sales officer of the...

  • A bartender pours sample glasses of beer for patrons in the taproom at Black Husky Brewing in Milwaukee.

    Craft brewer retail sales growth in 2017 is projected to slow from last year's double-digit pace.

  • TORONTO, Oct 30- Canada's main stock index touched a fresh record on Monday, breaking above 16,000 points for the first time in the process, as energy shares rallied and cannabis producer Canopy Growth soared. Canopy Growth was up 13.6 percent to C $14.53 after surging as much as 22.9 percent on news that Corona beer maker Constellation Brands Inc bought a nearly...

  • *Brazil returns to profit growth after nearly two years. BRUSSELS, Oct 26- Anheuser-Busch InBev, the world's largest brewer, sold less beer than expected in the third quarter, hit particularly by hurricanes and market share losses in its largest market, the United States. The maker of Budweiser, Corona and Stella Artois said on Thursday it sold 1.5 percent less beer...

  • *Brazil returns to profit growth after nearly two years. BRUSSELS, Oct 26- Anheuser-Busch InBev, the world's largest brewer, sold less beer than expected in the third quarter, hit particularly by hurricanes and market share losses in its largest market, the United States. The maker of Budweiser, Corona and Stella Artois said on Thursday it sold 1.5 percent less beer...

  • BRUSSELS, Oct 26- Anheuser-Busch InBev, the world's largest brewer, increased its cost-savings target from its takeover of SABMiller and saw profits rise in its second-most important market, Brazil, for the first time in nearly two years in the third quarter. The maker of Budweiser, Corona and Stella Artois, which bought its next-largest rival last year for...

  • BRUSSELS, Oct 25- Anheuser-Busch InBev, the world's largest brewer, saw profits rise in its second most important market, Brazil for the first time in nearly two years in the third quarter as price hikes compensated for it selling less beer. By contrast, profits slipped in its largest market, the United States, where shipping to wholesalers was hampered by...

  • BRUSSELS, Oct 24- Heineken NV, the world's second-largest brewer, reported an increase in third-quarter beer sales on Wednesday, with growth in all regions except Europe, where poor summer weather reduced demand, and in the United States. The Dutch brewer, the top seller in Europe, said very strong growth in Asia Pacific, outside China, led to a 12.2 percent increase...

  • EPS $2.47 per share vs. est. EPS forecast to $8.25- $8.40 from previous $7.90- $8.10. To take advantage of consumer tastes shifting to more unique beer flavors, Constellation has been building its premium beer business with acquisitions of independent craft brewers, such as Ballast Point Brewing& Spirits in 2015 and Florida- based Funky Buddha this past August.

  • The U.S. brewer also raised its full year profit forecast to $8.25 to $8.40 per share, from a previous range of $7.90 to $8.10. Shares of the company rose as much as 6.4 percent to $214 before the opening bell, and were among the top percentage gainers among NYSE- listed stocks. Net income attributable to the company rose to $500 million, or $2.48 per Class A share for the...

  • TOKYO, Sept 21- Asahi Group Holdings, Japan's largest brewer, is ready to spend "billions of dollars" on acquisitions, having spent $11 billion over the past year to acquire beer brands across Europe from Anheuser-Busch InBev. Asahi president Akiyoshi Koji said "bolt-on" acquisitions in Europe, including beer makers and distributors, were a priority, as the company...

  • TOKYO, Sept 21- Asahi Group Holdings Ltd is ready to spend "billions of dollars" more on acquisitions, after having recently spent $11 billion to acquire beer brands across Europe from Anheuser-Busch InBev NV, a top company executive said. Akiyoshi Koji, president of the largest beer maker in Japan, did not give any further details on how much Asahi was looking to...

  • Frank Cornelissen runs a 24-hectare vineyard in the foothills of Mount Etna.

  • HAMBURG, Sept 4- Late summer rain has saved Germany's hop crop, meaning brewers should now have enough of the key beer ingredient, the head of German-U.S. global hops trader Barth Haas Group told Reuters. Germany is the second largest producer and provides 75 percent of the world's hop supplies with the United States, where the harvest is looking slightly above...

  • Spiked seltzer sales causing buzz among big brewers

    CNBC's Landon Dowdy reports on how the brewing industry is cashing in on hard seltzer sales.

  • BRUSSELS, July 27- Anheuser-Busch InBev, the world's largest beer maker, reported an increase in second-quarter earnings on Thursday as gains in China, Mexico and new market South Africa offset weakness in Brazil. AB InBev, which sells more than twice as much beer as nearest rival Heineken following its $100 billion acquisition of SABMiller in 2016, said...

  • Craft brew

    Brewers Association has announced the launch of a new seal to designate beers that are produced by "independent" craft brewers.

  • Betting on beer stocks amid summer sizzle

    CNBC's Landon Dowdy takes a look at how beer stocks historically perform from June 1st through the end of the summer.

  • Sierra Nevada Brewing's third 'Beer Camp' is a variety assortment of brews from six international and six stateside brewers.

  • 'Harpoon' takes aim at beer biz: CEO

    Dan Kenary, Harpoon Brewery CEO, talks about the craft brewing business.