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Publication date: «04.07.2008». 22 articles
UK: SABMiller reinitiated with "hold"
Analyst Paul van Meurs of Deutsche Bank reinitiates coverage of SABMiller Plc with a "hold" rating. The target price is set to 1200p, Newsrating.com posted on July 3.
In a research . . .
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04 July, 2008
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UK: Brahma brushed aside for Inbev Stella drive
Inbev UK has relegated its Brahma Brazilian lager from drive brand status in the UK. The move is part of the company's increasing focus on what Inbev UK president Stuart . . .
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04 July, 2008
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Belgium: InBev hires managers for stock sale to fund Anheuser-Busch bid
Belgian brewer InBev hired JPMorgan Chase & Co., BNP Paribas and Deutsche Bank AG as lead managers for a stock sale to help fund its proposed $46.3 billion takeover of . . .
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04 July, 2008
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Uganda: Nile Breweries to build a new $28m brewing line
Nile Breweries (NBL) is to invest $28m in the new brewing house and packaging line, The New Vision posted on July 2nd. “This investment will enable us double the capacity . . .
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04 July, 2008
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Vietnam: Gannon Group to build a $90 million brewery
The U.S. Gannon Group will spend $90 million to build and operate a brewing facility near Ho Chi Minh City, according to Thomson Financial News. The company announced on June . . .
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04 July, 2008
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Germany: Beer prices going up influenced by higher energy and raw materials costs
With rising energy costs and the increased price of hops and malt, German breweries have been spending some 8 percent more to make their products, said German Brewery Federation chief . . .
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04 July, 2008
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Kenya: Beer and cigarettes the key contributions to country’s economic growth
Consumption of beer and cigarettes kept the economy going in the first quarter of 2008 as post-poll violence took its toll on the country's wellbeing. Food, beverages, and the tobacco . . .
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04 July, 2008
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USA: Anheuser-Busch fights shareholder lawsuits
Attorneys for Anheuser-Busch Cos. argued Wednesday, July 2nd, that two shareholder lawsuits in the brewer's hometown should be suspended while a Delaware judge considers nearly a dozen similar lawsuits related . . .
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04 July, 2008
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Canada: Barley outlook 2008-2009 pessimistic
The area seeded to barley for 2008-2009 is estimated by Statistics Canada to have decreased by 17%, Agriculture and Agri-Food Canada published on July 2. Barley production is forecast to . . .
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04 July, 2008
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UK: Greene King has become the UK's largest listed brewer reporting a rise in annual profits despite challenges
Brewer and pub owner Greene King has reported a rise in annual profits despite facing what it said was an "unprecedented set of challenges".
Financial Highlights
�� Revenue £960.5m, +5%
�� Operating . . .
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04 July, 2008
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