Beam, Inc. (BEAM) - NYSE
BEAM is defunct.
  • Apr. 24, 2014, 6:25 PM
    • Under Armour (UA) and Navient (NAVIV) are added to the S&P 500 index, effective April 30.
    • Out of the index are SLM Corp. (SLM), which is splitting into two companies - Navient, and a consumer banking operation that will continue under the Sallie Mae brand - and Beam (BEAM), which was acquired by Suntory Holdings.
    • SLM moves for now to the S&P MidCap 400, ousting Alpha Natural Resources (ANR).
    | Apr. 24, 2014, 6:25 PM
  • Apr. 22, 2014, 8:36 AM
    • Suntory has cleared the final regulatory hurdle to complete its acquisition of Beam (BEAM).
    • The transaction will close on April 30, according to just-drinks.com.
    | Apr. 22, 2014, 8:36 AM
  • Apr. 1, 2014, 7:57 AM
    • Stifel Nicolaus cuts its rating on Beam (BEAM) to Hold from Buy on a valuation call.
    • Shares of BEAM are up 22.4% YTD.
    | Apr. 1, 2014, 7:57 AM
  • Mar. 6, 2014, 8:06 AM
    • Suntory (STBFY) gains clearance from the FTC to acquire Beam (BEAM).
    • The merger between the spirits giants still need clearance from the European Union.
    | Mar. 6, 2014, 8:06 AM
  • Feb. 10, 2014, 11:28 AM
    • SodaStream (SODA +3.8%) announces it will partner with Skinnygirl (BEAM) on a new lifestyle beverage brand.
    • The new products are slated to be released during H2 of 2014.
    • Shares of SodaStream have remained at an elevated level ever since Coca-Cola's investment in Green Mountain Coffee Roasters was announced.
    | Feb. 10, 2014, 11:28 AM
  • Feb. 5, 2014, 10:48 AM
    • Prohibition was repealed in the U.S. with the passage of the 21st Amendment to the Constitution, but some states are just catching up.
    • A new report from the Distilled Spirits Council of the United States notes an accelerating pace of reversals by states on alcohol sales restrictions.
    • Blue laws are fading across the U.S. in a development which is helping to boost Sunday sales for spirits sellers.
    • Related stocks: DEO, BF.A, BF.B, BEAM, STZ.
    | Feb. 5, 2014, 10:48 AM
  • Feb. 5, 2014, 8:19 AM
    • Beam, Inc. (BEAM): Q4 EPS of $0.77 beats by $0.05.
    • Revenue of $739.5M (+4.3% Y/Y) beats by $4.03M.
    | Feb. 5, 2014, 8:19 AM
  • Feb. 3, 2014, 7:13 AM
    • Pershing Square sold 7.3M shares of Beam (BEAM) late last week to take its stake down to 8.3%.
    • Beam's share price remain at elevated levels with a sale to Suntory still in the works.
    • SEC Form 13D
    | Feb. 3, 2014, 7:13 AM
  • Jan. 31, 2014, 11:32 AM
    • Beam (BEAM) plans to construct a giant distribution center in Kentucky.
    • The facility will be the size of 13 football fields and will increase efficiency, says the company.
    • The development has ramifications for Suntory (STBFY) which expects to close on its deal to buy Beam in Q2.
    | Jan. 31, 2014, 11:32 AM
  • Jan. 22, 2014, 4:43 PM
    • Beam, Inc. (BEAM) declares $0.225/share quarterly dividend, in line with previous.
    • Forward yield 1.08%
    • Payable March 3; for shareholders of record Feb. 6; ex-div Feb. 4.
    | Jan. 22, 2014, 4:43 PM
  • Jan. 15, 2014, 9:37 AM
    • Liberum thinks a consortium led by Diageo (DEO -1.6%) will come in with a bid to top the $16B Suntory (STBFY) is willing to pony up for Beam (BEAM).
    • The interesting part of the equation for Diageo is that if it partners up it can end up only buying the strategic bourbon and tequila lines which would lead to significant synergies.
    | Jan. 15, 2014, 9:37 AM | 2 Comments
  • Jan. 14, 2014, 9:35 AM
    • A mega-merger between Suntory and Beam (BEAM) would leave the global spirits industry with four major heavyweights controlling most of the premium brands.
    • Analysts see the status quo remaining in place for a while, with M&A activity likely to cool off to include only smaller boutique sellers.
    • The four majors: Diageo (DEO), Pernod (PDRDY), Suntory (STBFY) and Brown-Forman (BF.A, BF.B)
    | Jan. 14, 2014, 9:35 AM
  • Jan. 13, 2014, 2:22 PM
    • Analysts see the 25% premium that Suntory (STBFY) paid to acquire Beam (BEAM +24.3%) as a fair price that might limit any other bidders from jumping in.
    • For Suntory, the deal is all about bourbon and striking a presence in the United States. After sitting with a market share of less than 1%, Suntory will suddenly be a major player in the U.S.
    | Jan. 13, 2014, 2:22 PM
  • Jan. 13, 2014, 12:46 PM
    | Jan. 13, 2014, 12:46 PM | 2 Comments
  • Jan. 13, 2014, 9:12 AM
    | Jan. 13, 2014, 9:12 AM
  • Jan. 13, 2014, 7:17 AM
    • Suntory (STBFY) agrees to acquire Beam (BEAM) for $16B, including debt.
    • The offer values Beam at $83.50 a share, representing a 25% premium to Beam's closing price of $66.97 on Friday.
    • Beam shares +17%. (PR)
    | Jan. 13, 2014, 7:17 AM | 3 Comments
Company Description
Beam Inc is a spirits company that makes and sells branded distilled spirits products in major markets. The Company's segments are North America, Europe/Middle East/Africa and Asia-Pacific/South America.
Industry: Home Furnishings & Fixtures
Country: United States