News on Beverage Manufacturing

Fess Parker, 1950s TV Davy Crockett, dead at 85

2010-03-18T15:16:17Z

<div><p>Fess Parker, who brought Davy Crockett and Daniel Boone to life in 1950s and 1960s TV series, died Thursday at his home and vineyard in California, his family said in a statement. He was 85.</p><p>The actor, developer and vintner died at his home 2...

What is it about Sonoma and wine and women?

2010-03-16T08:45:43Z

<div><p>NEW YORK (Reuters Life!) - There must be something in the air. Maybe it's the fog? Maybe it's the soil? But there has to be something that has led so many women to make wine in Sonoma, California.</p><p>There is, of course, Helen Turley. America's an...

PepsiCo to buy back up to $15 billion in shares

2010-03-15T08:15:10Z

<div id="subtitle">PepsiCo to repurchase up to $15 billion in shares; raises annual dividend by 7 percent</div><div><p>PepsiCo said Monday that it will buy back up to $15 billion worth of its own common stock through June 2013.</p><p>Shares rose nearly 2 percent in premarket trading.</p><p>"The board's action reflects continued confidence in the growth of our business and our commitment to pro...

MillerCoors spent $562K lobbying gov't in 4Q

2010-03-15T06:15:36Z

<div id="subtitle">MillerCoors spent $562,000 lobbying government in 4Q on advertising, agriculture issues</div><div><p>MillerCoors LLC spent $562,000 in the fourth quarter to lobby the goverment on advertising, agriculture and other matters, according to a recent disclosure report.</p><p>That's slightly more than the $540,000 it spent in the year-ago period but less than the $620,000 that the company spent...

Distilled Spirits group spent $1.2M lobbying in 4Q

2010-03-15T06:15:22Z

<div id="subtitle">Distilled Spirits Council spent $1.2 million lobbying in 4Q on underage drinking, marketing</div><div><p>The Distilled Spirits Council of the United States Inc., whose members include Bacardi USA Inc. and Beer Institute spent $160,000 in fourth quarter lobbying government on taxes, labeling</div><div><p>The Beer Institute spent $160,000 in the fourth quarter to lobby on labeling, taxes and other issues, according to a recent disclosure report.</p><p>That's even with what the group spent in the third quarter of 2009, and slightly less than the $170,000 it spent in the year-ago period....

Russian official calls for night-time alcohol ban

2010-03-14T10:15:07Z

<div><p>MOSCOW (Reuters) - Russia's top public health official called on Sunday for a ban on retail sales of alcohol after 9 p.m. as part of a Kremlin-led campaign to crack down on alcohol abuse, state-run news agency RIA reported.</p><p>InBev sues Illinois Liquor Control Commission after panel rejects bid to buy distributor</div><div><p>Anheuser-Busch InBev has sued the Illinois Liquor Control Commission and its members after the panel rejected the brewer's attempt to buy a controlling stake in a major distr...

Earns Brown Forman

2010-03-10T06:00:57Z

FILE - In this May 23, 2005 file photo, a bottle of Jack Daniel's whiskey, a Brown-Forman brand, sits on the bar at Nessun Dorma in Milwaukee. Brown-Forman Corp., maker of Jack Daniel's whiskey and Korbel champagne

Puerto Rican rum fight spills over to NY Parade

2010-03-07T15:45:06Z

<div><p>NEW YORK (Reuters) - Organizers of the New York Puerto Rican Day Parade, one of the largest U.S. outdoor events, said they are ending a 30-year relationship with the makers of Captain Morgan Rum citing Diageo PLC's plans to move dis...

Coke CEO Kent gets pay cut in 2009

2010-03-05T15:33:45Z

<div id="subtitle">Coca-Cola CEO Muhtar Kent takes pay cut in 2009, his first full year in charge</div><div><p>The CEO of Coca-Cola Co. took a pay cut in his first full year in charge, getting less compensation than he did in 2008 when he was promoted midway through the year.</p><p>Muhtar Kent has been CEO of the world's biggest drink...

Chile's wines spilled, production delayed by quake

2010-03-04T15:16:11Z

<div><p>NEW YORK (Reuters) - Some 125 million liters of Chilean wines worth roughly $250 million were spilled during the 8.8 magnitude earthquake last Saturday that killed more than 800 people and demolished cities and towns, a U.S. importer said on Thursday.</p><p>"They estimated that they lost 12 percent of the 2009 vintage," which had been in now-overturned stainless steel vats, broken oak barrels and bo...

Chile quake wrecks vineyards, wine stocks

2010-03-04T10:18:03Z

<div><p>Chile's famous grape-growing region, which has helped propel the country into ninth place among the world's top wine producers, is soberly counting the cost of the massive earthquake.</p><p>Growers believe some 12.5 percent of Chile's current production, just coming into the fall early harvest in this southern hemisphere nation, was destroyed by Saturday's 8.8-magnitude quake.</p><p>Some 70 percent of the count...

Belgium Anheuser-Busch InBev Reports Full Year 2009 Results

2010-03-04T09:18:27Z

Anheuser-Busch InBev Chief Executive Officer Carlos Brito talks to the media during a press conference for the release of the reports of the Fourth Quarter and Full Year 2009 Results in a hotel in Brussels, Thursday March 4, 2010. (AP Photo/Thierry Charlier)

AB InBev sees flat beer sales

2010-03-04T09:01:01Z

<div id="subtitle">Brewer Anheuser-Busch InBev sees flat year for beer in 2010 after posting Q4 profit</div><div><p>The world's largest brewer and maker of Budweiser reported Thursday a fourth quarter profit of $1.28 billion, helped by cost cuts and price hikes, but said global beer sales were stagnant and forecast no rebound in 2010.</p>&l...

AB InBev sees weak start to 2010 after mixed Q4

2010-03-04T05:00:15Z

<div><p>BRUSSELS (Reuters) - Anheuser-Busch InBev, the world's largest brewer, said it faced a challenging start to 2010 with U.S. consumers drinking less after it unveiled mixed fourth-quarter earnings buoyed by a sharp rise in Brazil sales.</p>...

World's biggest brewer InBev reports 2009 profits

2010-03-04T04:46:54Z

<div><p>The world's biggest brewer Anheuser-Busch InBev reported 2009 net profits of 4.613 billion dollars on Thursday, following big disposals and cost savings, its accounts showed.</p><p>Created in November 2008 when Belgian-Brazilian brewer InBev bought US giant Anheuser-Busch InBev reported 2009 net profits of 4.613 billion dollars on Thursday, following big disposals and cost savings, its accounts showed.</p><p>Created in November 2008 when Belgian-Brazilian brewer InBev bought US giant California lawyer has filed a class action lawsuit against French wine producers and a US importer over the sale of millions of bottles of wine falsely passed off as Pinot Noir.</p><p>"A class action complaint has been filed seeking to represent all California consumers who purchased falsely labeled wine," said Brian Levine, an attorney with Californ...

Molson Coors CEO interested in 'smart' deals

2010-03-03T14:19:17Z

<div><p>NEW YORK (Reuters) - Molson Coors Brewing Co <TAP.N>, viewed by some as a potential suitor for the beer business of Foster's Group Ltd <FGL.AX>, is interested in acquisitions as long as they are "smart," its chief executive said...