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Friday, Sep 68:14 AMForecast: World Cup to boost beer sales in Brazil
Friday, Sep 68:14 AM| Comment!
- A strong forecast for beer sales next year in Brazil could give a little lift to the sector.
- Research firm Bernstein thinks the 2014 World Cup in host nation Brazil will help beer sales rise 3% next year in the nation - a rate which would stand out amid a sluggish global beer market.
- Related stocks: Anheuser-Busch InBev (BUD), AmBev (ABV), Kirin Holdings (KNBWY.PK) via Schincariol, Heineken (HINKY.PK)
Wednesday, Jun 1212:17 PMBeer demand in Japan is on the rise, with shipments moving up 3.8% Y/Y in May to buck a trend of global sluggishness in the industry. Kirin Holdings (KNBWY.PK) and Asahi are the major brewers in the region, but the trend is also good for Anheuser-Busch InBev (BUD -0.1%) with imports starting to become much more popular in the nation. |Wednesday, Jun 1212:17 PM| Comment!
Thursday, Feb 147:39 PMJapanese stocks dip in early trading as the market awaits the G-20 summit, which could pressure Japan to temper its weak yen policy. The yen lost ground overnight, which in turn helped send the Nikkei Average down 0.6% to 11,243. Currency-sensitive exporters took a hit: TDK (TTDKY.PK -1.5%), Toyota (TM -1.51%), Panasonic (PC -1.8%), Sony (SNE +-3.1%), Kirin Holdings (KNBWY.PK -6.3%), and Trend Micro (TMICY.PK -9.2%). |Thursday, Feb 147:39 PM| Comment!
Tuesday, Mar 272012, 7:10 PMJapanese stocks fall sharply in early trading trading, weighed down by late-session U.S. losses overnight. The Nikkei Average is currently down 1.1% to 10,147 with broad-based declines: Mitsui Fudosan (MTSFF.PK -1.9%), Kirin Holdings (KNBWY.PK -1.6%), All Nippon Airways (ALNPF.PK -1.3%). |Tuesday, Mar 272012, 7:10 PM| Comment!
Tuesday, Feb 212012, 8:09 PMJapanese stocks move higher in early trading, with retailers and other domestic plays among the best performers. The Nikkei Average is currently up 0.3% to 9,473: FamilyMart (FYRTY.PK +1.4%), Fast Retailing (FRCOY.PK +0.5%), J. Front Retailing (JRFOF.PK +0.8%), Kirin (KNBWY.PK +0.8%), Dentsu (DNTUY.PK +2.79%). |Tuesday, Feb 212012, 8:09 PM| Comment!
Monday, Feb 132012, 8:01 PMJapanese stocks tick lower today as exporters get hit on a strengthening yen in reaction to a Moody's downgrade of some European sovereign debt. The Nikkei Average is currently down 0.1% to 8,986: Sony (SNE -1.3%), Sharp (SCPAY.PK -1.3%), and Kirin (KNBWY.PK -2%). |Monday, Feb 132012, 8:01 PM| 1 Comment
Monday, Aug 82011, 3:28 PM
Tuesday, Aug 22011, 1:24 PMJapanese brewer Kirin Holdings (KNBWY.PK) takes a $2.5B stake in Schincariol in the latest move by the firm to grow international sales. The firm looks to cut into Anheuser-Busch Inbev's (BUD -1.9%) whopping 70% beer and soft market share in Brazil by accelerating Schincariol's growth with new technology and product innovations. |Tuesday, Aug 22011, 1:24 PM| Comment!
Tuesday, Nov 92010, 8:10 AMDanone (DANOY.PK) is in early talks to sell its bottled-water business to Japanese suitors, sources say, a move that could bring in as much as $7B and free Danone of its slowest-growing business. Possible buyers include Kirin Holdings (KNBWY.PK), Suntory Holdings, and Asahi Breweries. |Tuesday, Nov 92010, 8:10 AM| Comment!
Monday, Feb 82010, 8:34 AMJapan's Kirin Holdings (KNBWY.PK) and Suntory Holdings call off ambitious merger talks after disagreeing on fundamental points such as who would own and manage the combined food-and-beverage giant. A merger would have created a company with ¥3.8T ($43B) in annual revenue. |Monday, Feb 82010, 8:34 AM| Comment!
Monday, Jul 132009, 8:03 AM