Company News: Page (1) of 1 - 02/08/13
Email this story to a friend. email article Print this page (Article printing at MyDmn.com). print page facebook

Beverage Stocks to Watch: (STZ), (BEAM), (TAP), (BUD)

February 08, 2013 --

Beverage Stocks to Watch: (STZ), (BEAM), (TAP), (BUD)

Investorideas.com reports on wine and beverage stocks trading

Category: Investment, Beverage

Visit: Beam Inc.


Point Roberts, WA - February 8, 2013 (www.investorideas.com newswire, www.beveragestocks.com) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on wine and beverage stocks trading for February 8th, 2013.

Beam Inc., (NASDAQ:BEAM) trading at $61.60 gained $0.11 or 0.18% on a volume of 226,810 shares.

Beam Inc. reported better-than-expected results for its fourth quarter where its earnings stood at 79 cents per share, up from 56 cents per share it had earned for the corresponding quarter of the last year. Its revenue for the quarter also increased to $709.1 million. The companys stock is expected to continue to grow in this current strong spirits market.

Beam Inc. expanding by making acquisitions as it bought Pinnacle Vodka while a the same time it also plans to dispose of some of its brands, in order to restructure its business. Beam Inc., dumped some of its various brands like Calvert Extra and Dark Eyes Vodka as the company plans to focus on high-end, high-margin brands after this restructuring.

Constellation Brands (NASDAQ:STZ) trading at $32.24 moved up $0.65 or 2.06% on a volume of 2,375,607 shares.

Constellation Brands Inc. reported positive growth for its main brands in the first half of fiscal 2013 with an increase in both its net income and revenue for the period. However, the company is going through a difficult time regarding its acquisition deal with Grupo Modelo. Constellation Brands is looking to acquire Crown Imports which will let the company control the U.S. sales of popular beer brands including Corona. While the acquisition will help this distiller to consolidate its position, the deal is likely to take a long time to be finalized due to regulatory obstacles.

Constellation Brands stock grew over 40 percent in the past 12 months. It is expected to make major moves as and when the Grupo Modelo deal is finalized.

Molson Coors Brewing Company Inc., (NASDAQ:TAP) trading at $44.42 rose by $0.11 or 0.26% on a volume of 517,693 shares.

As opposed to its main competitor, AB In Bev, Molson has continued expanding its "craft beer" market and is moving towards growth in more high end beer due to a strengthening economy and strong spirits market.

Investorideas.com Newswire

Anheuser-Busch InBev (NASDAQ:BUD) trading at $85.82 dropped by $0.58 or 0.67% on a volume of 1,703,510 shares.

AB In Bev has signed on music superstar Justin Timberlake as ambassador for its Bud Light Platinum brand, appointing him Creative Director and responsible as the creative, musical and cultural curator for the brand. The relationship will launch during Sundays Grammy awards with Timberlakes new single "Suit & Tie" featuring in "Platinum Night," the latest 60-second Bud Light Platinum ad.

Research beverage stocks at Investorideas.com stock directory - includes wine, beer and bottled water stocks

http://www.investorideas.com/Beverage_Stocks/Stock_List.asp

About InvestorIdeas.com:

InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com

Sign up for the free investor news and stock alerts at Investorideas.com

http://www.investorideas.com/Resources/Newsletter.asp

Become an Investorideas.com Member and access our 14 online stock directories 24/7 - beverage , water, renewable energy, mining stocks and more

http://www.investorideas.com/membership/

Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

800-665-0411 - Source - www.Investorideas.com


Page: 1
Related Keywords:Sales, Advertising, Sales & Marketing, Internet, Sales, Sales, Business, USA, Inc., Avid (protools, softimage, pinnacle, etc), Music, Environmental Technology, Green Technology, Business,

Source:Copyright (c) InvestorIdeas. All Rights Reserved


@ Copyright, 2014 Digital Media Online, All Rights Reserved

Webmaster
Privacy.