SABMiller plc ADR (SBMRY) - OTCPK - Current
  • Thu, Jul. 21, 4:18 AM
    • Helped by cost-control measures, Unilever (NYSE:UL) posted a profit rise and said it's ready for challenges ahead.
    • Swatch (OTCPK:SWGAY) expects a recovery in the second half after net profit plunged 52% in H1.
    • Roche (OTCQX:RHHBY) confirmed its outlook for 2016 and reported results that exceeded expectations.
    • Driven by price and mix realization, SABMiller's (OTCPK:SBMRY) group net producer revenue grew 2% in Q1.
    • Lufthansa (OTCQX:DLAKY) cut its full-year profit target, saying "terrorist attacks in Europe" weighed on its bookings.
    • The fears also hit Easyjet (OTCQX:ESYJY), with shares under pressure after weak Q3 revenues.
    | Thu, Jul. 21, 4:18 AM
  • Wed, Jul. 20, 2:53 PM
    • Anheuser-Busch InBev (BUD +1.5%) confirms it struck a deal with the DOJ that will clear a path for its planned merger with SABMiller (OTCPK:SBMRY).
    • The company reaffirms its expectation that the deal will close in the second half of the year.
    • Details of the consent decree haven't been posted to the DOJ website yet.
    | Wed, Jul. 20, 2:53 PM | 1 Comment
  • Wed, Jul. 20, 1:26 PM
    • Beer stocks have moved higher as the day progresses with a crucial board meeting ongoing at SABMiller (OTCPK:SBMRY +0.3%) which could have significant implications for the company's merger with Anheuser-Busch InBev (BUD +2.8%).
    • The sector spiked higher in the last 20 minutes after a new report from CNBC indicated that A-B InBev landed U.S. approval for the massive MegaBrew deal.
    • Molson Coors (TAP +0.7%) and Constellation Brands (STZ +1%) are notably higher off the beer buzz.
    | Wed, Jul. 20, 1:26 PM
  • Wed, Jul. 20, 9:32 AM
    • SABMiller (OTCPK:SBMRY) may ask for a new offer from Anheuser-Busch InBev (NYSE:BUD), a source tells Reuters.
    • Institutional investors are grumpy after the recent sharp decline in the pound turned around the value of their cash-out alternatives, although it's likely the board will wait for more regulatory hurdles to be cleared before going back to A-B.
    • A SABMiller board meeting is underway today just ahead of tomorrow's annual meeting.
    • SABMiller trades about 4% below its post-buyout high.
    | Wed, Jul. 20, 9:32 AM
  • Tue, Jul. 12, 3:42 PM
    • The Beer Institute announced a new initiative in which participating members of the trade group will disclose the amount of calories, carbohydrates, fat, and protein in beer products. The sellers involved represent around 81% of all beer sales.
    • Brewers are expected to update their labels by the end of 2020.
    • Beer stocks: BUD, OTCPK:SBMRY, TAP, OTCQX:HEINY, SAM, BREW, STZ, PINT.
    | Tue, Jul. 12, 3:42 PM | 8 Comments
  • Wed, Jul. 6, 2:44 AM
    • Consolidating its lead in the world's largest beer market, China Resources Beer (OTCPK:CRHKY) plans to to raise HK$9.51B ($1.2B) via a deeply discounted rights offer to part-fund the purchase of SABMiller's (OTCPK:SBMRY) holdings in their joint venture.
    • The maker of the world's best-selling Snow brand beer agreed in March to buy the stake for $1.6B, smoothing the way for a takeover of its partner by AB InBev (NYSE:BUD).
    | Wed, Jul. 6, 2:44 AM
  • Thu, Jun. 30, 6:40 AM
    • AB InBev's (NYSE:BUD) roughly $108B takeover of SABMiller (OTCPK:SBMRY) has been cleared by South Africa’s Competition Tribunal, leaving only two more approvals before the deal can close.
    • To appease U.S. and Chinese regulators, AB InBev has agreed to sell SABMiller's interest in MillerCoors to Molson Coors (NYSE:TAP) and CR Snow to China Resources Beer Holdings (OTCPK:CRHKY).
    | Thu, Jun. 30, 6:40 AM
  • Wed, Jun. 29, 5:27 AM
    • Braving the post-Brexit volatility, Molson Coors (NYSE:TAP) is selling $5.3B of bonds in the first U.S. investment grade bond deal since the U.K. voted to leave the EU.
    • The bonds will partly fund the purchase of SABMiller's (OTCPK:SBMRY) stake in MillerCoors.
    • According to sources, investors submitted orders in excess of $30B for the four tranches, showing strong appetite.
    | Wed, Jun. 29, 5:27 AM | 2 Comments
  • Wed, Jun. 22, 1:02 PM
    • Anheuser-Busch InBev (BUD +0.5%) says it will unload Distell Group faster than planned in order to help smooth a path with regulators in South Africa evaluating the SABMiller (OTCPK:SBMRY) acquisition.
    • A Competition Tribunal hearing in South Africa over the deal is ongoing with testimony from a key union expected later this week.
    • Shares of A-B are up 16% since hitting a 2016 low in February.
    | Wed, Jun. 22, 1:02 PM | 2 Comments
  • Fri, Jun. 17, 3:07 PM
    • Susquehanna issued a detailed report on IRI scanner data trends in the food and beverage industry.
    • The investment firm noted that soda drink volume fell 2.8% Y/Y for the 12-week period ending on June 5. PepsiCo (NYSE:PEP) volume was down 5%, compared to 1.3% decline for Coca-Cola KO and 1.9% fall-off for Dr. Pepper Snapple (NYSE:DPS).
    • K-cup revenue was up 8% for the 12 weeks as J.M. Smucker (NYSE:SJM). Starbucks (NASDAQ:SBUX), and Dunkin' Brands (NASDAQ:DNKN) all showed strong volume amid ongoing pricing pressure. K-cup sales decelerated for Kraft Heinz (NASDAQ:KHC) and could turn negative if pricing pressure sustains.
    • In the yogurt category, scanner data over four weeks confirmed that General Mills (NYSE:GIS) is losing market share to Chobani and Danone (OTCQX:DANOY). Susquehanna tips that Chobani may be prepping for a sale.
    • General Mills beat out Kellogg (NYSE:K) in the cereal category as its 12-week sales growth of +2.3% easily topped Kellogg's 2.2% decline.
    • Pricing with beer is helping to make up for continued volume pressure. Across the sector, pricing was recorded as 2.5% higher for the 12 weeks of data.
    • Beer volume: Anheuser-Busch InBev (NYSE:BUD) -1.8%, MillerCoors (OTCPK:SBMRY, TAP) -2.7%, Boston Beer (NYSE:SAM) -2.1%.
    • Susquehann'a Pablo Zuniac put together the deep dive into the scanned data.
    • Within the F&B sector, he has BUD, THS, WWAV, TAP, and KHC rated at Positive.
    | Fri, Jun. 17, 3:07 PM | 10 Comments
  • Fri, Jun. 17, 2:21 PM
    • A judge tossed a case filed against MillerCoors over advertising of the Blue Moon label.
    • The plaintiff didn't have enough evidence that suggested MillerCoors misrepresented Blue Moon as a craft beer or pressured retailers to include the brand in their craft sections, according to U.S. District Judge Gonzalo Curiel.
    • If the name sounds familiar that's because Curiel is the judge accused by Donald Trump of bias in the Trump University class action lawsuit.
    • Molson Coors (NYSE:TAP) will acquire full control of Blue Moon and the other MillerCoors brands in the U.S. from SABMiller (OTCPK:SBMRY) after the MegaBrew deal closes.
    | Fri, Jun. 17, 2:21 PM
  • Thu, Jun. 16, 11:50 AM
    • The latest report from the USDA indicates that farmers in the U.S. expect to harvest 51,115 acres of hops this year, up 17% from last year's production.
    • An abundance of hops is beneficial to price-sensitive smaller craft brewers, particularly those heavy with IPA beers. Larger beer companies can also benefit with future contract pricing if the hop supply stays stable.
    • Beer sales rose 0.2% in the U.S. last year, led into positive territory by a 13% gain in craft beer sales.
    • Full USDA report
    • Beer stocks: BUD, OTCPK:SBMRY, TAP, OTCQX:HEINY, SAM, BREW, STZ, PINT.
    | Thu, Jun. 16, 11:50 AM
  • Thu, Jun. 9, 3:48 AM
    • MegaBrew is getting closer to a reality as AB InBev (NYSE:BUD) nears Chinese approval for its $107B takeover of SABMiller (OTCPK:SBMRY).
    • As part of the tie-up, the companies have agreed to divest the maker of Snow beer, the world's top-selling brand.
    • Approvals for both transactions could come as soon as this month, clearing one of the final hurdles for the largest beer deal in history.
    | Thu, Jun. 9, 3:48 AM | 1 Comment
  • Thu, Jun. 2, 3:09 AM
    • The U.S. Justice Department is likely to approve AB InBev's (NYSE:BUD) takeover of SABMiller (OTCPK:SBMRY) later this month, Bloomberg reports.
    • The agreement may contain measures to keep the beer behemoth from edging craft brewers from shelves, and could also include limits on the combined company's ownership of distributors.
    • The deal received a green light from South Africa's Competition Commission earlier this week.
    | Thu, Jun. 2, 3:09 AM | 1 Comment
  • Tue, May 31, 11:35 AM
    • South Africa's Competition Commission clears Anheuser-Busch InBev's (BUD +0.1%) takover of SABMiller (OTCPK:SBMRY) on the condition that it sells a 26% stake in Distell Group.
    • The company is also required to protect jobs and set up a fund to protect local farmers.
    • A-B InBev landed approval for MegaBrew last week from the European Commission last week.
    | Tue, May 31, 11:35 AM
  • Tue, May 24, 1:48 PM
    • Anheuser-Busch InBev (NYSE:BUD) is up 2.39% and SAB Miller (OTCPK:SBMRY) ADRs are 1.87% higher after the European Commission officially approved the mega-merger between the beer giants as expected.
    • There were no surprises with the EC statement after A-B removed much of the drama by agreeing to divest SABMiller's business in the Czech Republic, Hungary, Poland, Romania, and Slovakia.
    | Tue, May 24, 1:48 PM | 1 Comment
Company Description
SABMiller is one of the world's leading brewers with more than 200 beer brands and some 70,000 employees in over 75 countries. We also have growing businesses in soft drinks and we are one of the world's largest bottlers of Coca-Cola products.
Industry: Beverages - Brewers
Country: United Kingdom