Market Currents

• Tuesday, February 17, 2009

• 09:01 AM Brewer Foster's Group (FBRWY.PK) will take an A$415M ($266M) charge to close wineries, sell brands and cut 300 jobs. The firm ruled out selling its wine division, the world's second biggest, as the global recession makes buyers hard to find. Comment!

• Sunday, October 26, 2008

• 05:11 AM Australia's Foster's Group (FBRWY.PK) hasn't been as successful with wine as it has been with beer. Barron's Eric Ellis says if Foster's can only pare down its product line, investors will have reason to raise a toast to the company once again. Comment!