Topic: Alcoholic Beverage Manufacturing
World's biggest brewer InBev reports fat 2009 profits
AFP Global Edition
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. Created in November 2008 when Belgian-Brazilian brewer InBev bought US giant Anheuser-Busch for 52 billion dollars (38 billion euros), the company reported net ...
US wine drinkers file lawsuit over fake Pinot Noir
AFP Global Edition
A 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. "A class action complaint has been filed seeking to represent all California consumers who purchased falsely labeled wine ...
Molson Coors CEO interested in 'smart' deals
Reuters US Online Report Business News
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 on Wednesday. Chief Executive Peter ...
MillerCoors CEO sees costs easing as year progresses
Reuters US Online Report Business News
NEW YORK (Reuters) - MillerCoors, the U.S. joint venture between Molson Coors Brewing Co <TAP.N> and SABMiller PLC <SAB.L>, expects costs for commodities such as fuel and aluminum to moderate as 2010 progresses. MillerCoors Chief Executive Leo Kiely told an investor meeting that he ...
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