• Sat, Jan. 21, 11:19 AM
    • Convenience stores expect sales of soft drinks, bottled water, sports and energy drinks to increase 5.2%, according to an industry study published by Convenience Store News.
    • Sales of carbonated soft drinks are forecast to rise 0.9% in dollars and show a 1.3% gain in volume.
    • Price increases are seen helping to lift beer sales. A 1.4% increase in dollar sales is expected off of flat volume this year.
    • Related stocks: KO, PEP, DPS, BUD, SAM, TAP, MNST.,
    Sat, Jan. 21, 11:19 AM | 18 Comments
  • Wed, Jan. 18, 3:29 PM
    • Anheuser-Busch InBev (BUD -1%) bought three minutes of air time for the Super Bowl on February 5, reports ESPN's Darren Rovell.
    • The premium ad spots will cost the company ~$300M.
    • Commercials for Budweiser, Bud Light, Michelob Ultra and Busch (first-time SB advertiser) are expected.
    • The Wall Street Journal tipped earlier today that the beer giant is not relying on celebrities with its Bud Light advertising this year.
    Wed, Jan. 18, 3:29 PM | 4 Comments
  • Tue, Jan. 10, 2:43 PM
    • Anheuser-Busch InBev (BUD -0.4%), Boston Beer (SAM -0.3%), Craft Brew Alliance (BREW -1.6%) and Molson Coors (TAP -2%) are all lower after Nielsen data showed softness in the beer category.
    • Beer dollar sales in the 4-week tracking period fell 2.9%. A volume decline of 3.5% was partially offset by pricing being up 0.7%.
    • Beer sales in the convenience store channel were also down 2.9%.
    • Constellation Brands (STZ -0.3%) stood out in the Nielson data, with volume growth of 7%.
    • Sources: Bloomberg and Wells Fargo's Bonnie Herzog
    Tue, Jan. 10, 2:43 PM | 18 Comments
  • Fri, Jan. 6, 2:26 PM
    • Anheuser-Busch InBev (NYSE:BUD) plans to partner with Keurig Green Mountain on exploratory R&D for a new in-home alcohol drinks system.
    • The two companies are forming a JV to operate out of Massachusetts and Vermont to develop the business in North America.
    • Keurig's KOLD technology will form the backbone of the new drinks system.
    • A-B press release
    Fri, Jan. 6, 2:26 PM | 5 Comments
  • Fri, Jan. 6, 7:34 AM
    • Anheuser-Busch InBev (NYSE:BUD) resets its geographic reporting organization after swallowing up SABMiller.
    • Colombia, Peru, Ecuador, Honduras and El Salvador will be reported together with Mexico as Latin America West.
    • Panama will be included within the Latin America North reporting.
    • Africa and Europe will be reported as EMEA
    • Australia, India and Vietnam will be reported within Asia Pacific.
    • The remaining reporting regions are North America and Latin America South.
    • Anheuser-Busch InBev brought in revenue of $14.047B in Q4 across the six regions.
    • AB InBev press release (.pdf)
    Fri, Jan. 6, 7:34 AM | 2 Comments
  • Thu, Jan. 5, 1:39 PM
    • Trading volume on Toyota Motors (TM -0.5%) spiked after Donald Trump took aim at the company in a new tweet.
    • DJT: "Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax."
    • Earlier today in Tokyo, Toyota Motor President Akio Toyoda said the company was evaluating the situation in Mexico.
    • The mention of a border tax could send investors scrambling as they evaluate the impact on other multinationals. Belgium-based Anheuser-Busch InBev (BUD +1.2%) and German company Adidas (OTCQX:ADDYY -0.1%) come to mind.
    Thu, Jan. 5, 1:39 PM | 90 Comments
  • Sun, Jan. 1, 5:26 AM
    • Barron's ranks the best and worst places for income-focused investors in a rising-rate world. In order of appeal:
    • Depressed European stocks: "Valuations have gotten more reasonable and dividend yields are ample, especially relative to ultralow or even negative yields on European government bonds."
    • U.S. electric utilities: "Their average yield of 3.6% is almost double that of the S&P 500. Utility dividends usually are secure, given regulated returns."
    • U.S. dividend stocks: "Even after rallying in 2016, high dividend-paying stocks still look appealing."
    • Junk bonds: "Junk yields still look good at an average of 6.3%. The interest-rate gap relative to Treasuries is still appealing at nearly 4.5%, but absolute yields are modest by historical standards."
    • Munis: looking better after a disappointing 2016.
    • REITs: "REITs now are on the inexpensive side of a fair-value range."
    • Preferreds: "REITs now are on the inexpensive side of a fair-value range."
    • Treasurys: "If Trump’s fiscal and economic policies prove inflationary, Treasuries are apt to suffer."
    • Telecom: There may be better value in other high-yielding parts of the market.
    • MLPs. Expects muted distribution growth.
    • Stocks and ETFs mentioned: FDD, VGK, VOD, RDS.A, UTG, DUK, SRE, XLU, NOBL, VYM, KO, BUD, PFE, OSTIX, HYT, VTA, JNK, NAD, BTT, VWIUX,PHMIX, SPG, BXP, EQR, VNQ, BAC, PFF, JPI, TIP, TLT, T, VZ, EPD, AMLP, BWP
    • See also Barron's infographic: Yield plays for 2017
     
    Sun, Jan. 1, 5:26 AM | 138 Comments
  • Dec. 21, 2016, 2:07 AM
    • Coca-Cola (NYSE:KO) has agreed to buy AB InBev's (NYSE:BUD) 54.5% stake in Coca-Cola Beverages Africa for $3.15B and several of its bottling operations across Africa and Central America for an undisclosed amount.
    • The beverage giant plans to hold all of the interests temporarily until they can be refranchised to other partners.
    Dec. 21, 2016, 2:07 AM | 13 Comments
  • Dec. 17, 2016, 11:12 AM
    • Donald Trump gave investors a road map to the administration.
    • The President-elect tweeted that the two simple rules of his administration are to buy American and hire American.
    • If trade and tax policies are supported by DJT's new directive, there could be some broad implications for certain stocks.
    • Companies like Target (NYSE:TGT), Kroger (NYSE:KR), AT&T (NYSE:T), Ulta Salon (NASDAQ:ULTA) and Cedar Fair (NYSE:FUN) could be in a decent position, while things get trickier for the likes of Nike (NYSE:NKE), Procter & Gamble (NYSE:PG), Ford (NYSE:F), Toyota (NYSE:TM) and a host of other multinationals.
    • There's also big players like Anheuser-Busch InBev (NYSE:BUD) and Intel (NASDAQ:INTC) that stand somewhere in the middle.
    • Add your own "buy American, hire American" stock picks in the comment stream.
    • ETFs: SPY, QQQ, DIA, IVE, SH, SSO, VOO, SDS, IVV, SPXU, XLY, TQQQ, UPRO, PSQ, SPXL, SPLV, RSP, SPXS, SQQQ, QID, DOG, QLD, PRF, CRF, VUG, VTV, DXD, XRT, IWF, UDOW, SKF, SPYG, VCR, RWL, SDOW, VFINX, IWD, EPS, IVW, SCHX, VV, USA, SPYV, DDM, MGK, RPG, RPV, SCHG, OEF, IWB, SCHV, VOOG, RTH, RETL, SPHQ, ZF.
    Dec. 17, 2016, 11:12 AM | 527 Comments
  • Dec. 15, 2016, 4:43 AM
    • Anheuser-Busch InBev (NYSE:BUD) agrees to sell SABMiller's position in Distell Group to a pension administrator in South Africa for $640M.
    • The transaction is another step forward for the company in meeting its antitrust commitment in the megabrew merger.
    • AB InBev is down 1% in Brussels trading.
    Dec. 15, 2016, 4:43 AM
  • Dec. 13, 2016, 7:03 AM
    • KBC says the $7.8B price tag of Anheuser Busch's (NYSE:BUD) sale of a collection of SABMiller European brands to Asahi is higher than anticipated ($5.5B-$6.0B).
    • After it closes in the first half of 2017, the sale will help Anheuser-Busch deleverage after the company ends 2016 with debt of ~$112B. KBC thinks AB-InBev is on track to gradually deleverage to 0.3X to 0.4X (net debt/EBITDA).
    • Source: Bloomberg
    • Previously: Asahi to buy AB InBev beer brands for $7.8B (Dec. 13)
    • BUD +1.14% premarket to $104.87.
    Dec. 13, 2016, 7:03 AM | 8 Comments
  • Dec. 13, 2016, 2:52 AM
    • Japan's Asahi Group (OTC:ASBRY) has agreed to buy five eastern European beer brands from AB InBev (NYSE:BUD) for about ¥900B ($7.8B), as the Budweiser maker looks to offload former SABMiller (OTCPK:SBMRY) businesses to win approval for their MegaBrew merger.
    • The deal will give bigger international heft to Asahi, which is one of the top beer makers in its home market but only a small player globally.
    Dec. 13, 2016, 2:52 AM | 5 Comments
  • Dec. 11, 2016, 2:03 PM
    • Following its recent $100B+ takeover of beer giant SABMiller, Anheuser-Busch InBev (NYSE:BUD) plans to review its massive global ad buy, WSJ says.
    • The world’s largest brewer is seeking to hire a consulting firm to help it review its existing ad buying practices and potentially conduct a review.
    • AB InBev and SABMiller collectively spent $1.1B on U.S. measured media in 2015.
    • A megadeal typically prompts a move to consolidate agency relationships in an effort to cut costs, and give the combined entity more sway over media companies, leading to additional cost savings.
    Dec. 11, 2016, 2:03 PM | 5 Comments
  • Dec. 7, 2016, 12:11 PM
    • Anheuser-Busch InBev (NYSE:BUD) was mentioned today at the Starbucks Investor Day event in relation to the planned launch of bottled Teavana Craft Iced Teas.
    • The SBUX-BUD partnership will see the first line of teas start to ship to select Northeast U.S. retailers in February.
    • Later in the year, select flavors will roll out to Starbucks stores. The full Teavana launch is expected to hit national channels by 2018.
    • Anheuser-Busch is producing, bottling and distributing bottled Teavana Craft Iced Teas to retailers.
    • Previously: Starbucks 2.0 explained by top execs (Dec. 7)
    Dec. 7, 2016, 12:11 PM | 11 Comments
  • Nov. 30, 2016, 9:20 AM
    • Beer sales in the U.S. have improved over the last 12 weeks, updates Susquehanna analyst Pablo Zuanic.
    • IRI scanner data indicates that volume rose 1% during the 4-week period ending November 20 to mark the fastest pace of growth seen since November. Volume fell 0.1% in Q3 and was up 0.7% in Q2.
    • Zuanic says trends improved for Anheuser-Busch InBev (NYSE:BUD) and MillerCoors (NYSE:TAP), but volumes remained down mid-single digits for Boston Beer (NYSE:SAM).
    • "Sam Adams volumes worsened further, while Twisted Tea improved, and Angry Orchard declines slowed," writes Zuanic.
    Nov. 30, 2016, 9:20 AM | 14 Comments
  • Nov. 30, 2016, 7:21 AM
    • HSBC is convinced that Coca-Cola (NYSE:KO) is the M&A end game strategy of Anheuser-Busch InBev (NYSE:BUD).
    • The firm thinks Coca-Cola, Heineken and Coca-Cola FEMSA (KOF, OTC:COCSF) are in in position where they need to change their strategies to defend against the possibility of an "ABI-Coke world." An anti-BUD alliance is in their best interests, according to the HSBC note.
    • Source: Bloomberg
    Nov. 30, 2016, 7:21 AM | 8 Comments