$ABI-BE News
Last published 1y ago
- 1y agoSTZABI-BEBUDMichelob Ultra overtakes Modelo Especial as best-selling beer in the U.S.CNBCTwo years ago, Modelo unseated Bud Light after the Anheuser-Busch beer held the top spot for more than two decades.
- 1y agoABI-BEShares of world's largest brewer AB InBev tumble 9% on declining volumesCNBCThe Budweiser maker said volumes declined 1.9% year-on-year over the three month period, well ahead of the 0.3% dip forecast by analysts.
- 1y agoABI-BEDGE-GBHEIA-NLDEO+2Non-alcoholic beer to overtake ale as the second-largest beer category worldwide this yearCNBCMajor beer brands like Guinness, Budweiser and Heineken have rolled out non-alcoholic alternatives over the last five years.
- 1y agoABI-BETAPBUDU.S. surgeon general calls for cancer risk warnings on alcohol labelsCNBCThe U.S. surgeon general on Friday issued a new advisory around the link between alcohol consumption and increased cancer risk.
- 2y agoSTZABI-BEBUD'The choice of the people': How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.CNBCA focus on Latinos in the U.S. has helped drive growth in Constellation Brands' beer business.
- 2y agoABI-BEBUDCorona-maker AB InBev to have first beer sponsorship with the OlympicsCNBCThe world's biggest brewing company has scored a global sponsorship for the upcoming Olympic Games, making it the first beer brand ever to sponsor the event.
- 2y agoTGTABI-BEMMMKO+4More than 500 companies had perfect scores on top advocacy group's LGBTQ+ indexCNBCTarget and Anheuser-Busch — two companies at the center of high-profile protests this year related to LGBTQ+ rights — both submitted to scoring.
- 3y agoABI-BEBud Light tries for a comeback with a focus on sports and concertsCNBCAnheuser-Busch is hoping an increased emphasis on sports and concert marketing will help to lift flagging Bud Light sales in the U.S.
- 3y agoABI-BEBUDAnheuser-Busch to stop cutting off Clydesdale horse tails after backlashCNBCAnheuser-Busch is bringing an end to the controversial practice of cutting off the tails of its Clydesdale Horses for cosmetic purposes.
- 3y ago69WH-GBABI-BESTZBUDHow Modelo dethroned Bud Light to become the top-selling U.S. beerCNBCHow Modelo overtook Bud Light's spot as America's bestselling beer
- 3y agoABI-BESTZBud Light owner AB InBev beats forecasts in quarter dominated by boycottCNBCCore profit rose 5% year on year, smashing expectations despite a boycott that led to a sharp fall in sales of its bestselling Bud Light beer.
- 3y agoABI-BEBUDSTZBud Light maker Anheuser-Busch to lay off hundreds of corporate staffCNBCThe layoffs at Anheuser-Busch come as the beverage giant sees sales of its flagship lager Bud Light fall.
- 3y agoABI-BEBUDSTZDISDeSantis orders probe into Bud Light's deal with transgender influencer Dylan MulvaneyCNBCSales of Bud Light have plummeted in the wake of conservative uproar and a boycott over the partnership with transgender influencer Dylan Mulvaney.
- 3y agoABI-BETGTBUDDIS+1Boycotts rarely work — but anti-LGBTQ+ backlash is forcing companies into tough choicesCNBCThe boycott of Bud Light is having a major effect on its sales, while the wave of anti-LGBTQ+ backlash is also affecting Target and Starbucks.
- 3y agoABI-BESTZBUDTGT+1Modelo tops Bud Light as the top-selling beer in the U.S. in MayCNBCBud Light sales have sagged following a conservative boycott over its partnership with trans social media influencer Dylan Mulvaney.
- 3y agoABI-BEBUDTGTKSS+2Boycotts hit stocks hard. Here's what might be next for Bud, Target and others caught in the anti-Pride backlashCNBCWhile it's too early to say how damaging boycott threats will be, damage has been done to the stocks of companies drawn into the latest culture war battle.
- 4y agoABI-BEDGE-GBThese pandemic snacking and drinking habits are here to stay, candy and booze companies sayCNBCWith consumers staying home amid the pandemic, many shifted to new, pricier alcohol brands and bigger bags of candy, Beam Suntory and Mars Wrigley execs said.
- 4y agoPTLOBRK.AABI-BESTZ+2Cramer's lightning round: Six Flags is not a buyCNBC"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
- 4y agoCOINABI-BEPEPT+2Crypto deals help fuel NBA sponsorships to $1.6 billion in 2021-22 season, firm saysCNBCSponsorship revenue was fueled to a record $1.6 billion in the 2021-22 season, according to estimates by a sports partnerships consultancy.
- 4y agoAXPVZKMBCLF+6Stocks making the biggest moves premarket: American Express, Verizon, Kimberly-Clark and moreCNBCThese are the stocks posting the largest moves before the bell.
- 4y agoABI-BEDISADS-DE7203.T-JPNBA star Damian Lillard dishes on the Blazers and his new footwear insole companyCNBCDamian Lillard says he wants to stay with the Portland Trailblazers. He's also focusing on his new business venture.
- 4y agoJSDAKOPEPSTZ+3Jones Soda unveils cannabis-infused sodas, syrups and gummies under new Mary Jones brandCNBCJones Soda is launching a line of cannabis-infused sodas, syrups and gummies under a new brand, Mary Jones.
- 4y ago.DJIMHDOXY+27Russia's Ukraine threat and worries on Fed rate hikes could make for a turbulent week in marketsCNBCRussia and Ukraine will likely be top of mind going into the week, and analysts are watching key technical levels for stocks.
- 4y agoHIVE-VNKE7203.T-JPVZ+7NFL sponsors Nike, Pepsi dominate 2022 Super Bowl exposureCNBCCompanies who had their logo appear during the 2022 Super Bowl generated $170 million of media value, software company Hive told CNBC.
- 4y agoGMPEPFBPLNT+5Celebrities, humor and a huge dose of nostalgia will dominate Sunday's Super Bowl adsCNBCWith the average 30-second Super Bowl ad costing about $6.5 million, companies look to reach key age demographics and provide a little oasis from Covid.
- 4y agoDGE-GBABI-BEPremixed cocktails steal share from beer and hard seltzer, propelling surging growthCNBCPremixed cocktails were the fastest-growing spirits category in 2021, according to the Distilled Spirits Council of the U.S.
- 4y agoABI-BESAMSTZCMCSABud Light Seltzer's Super Bowl ad spotlights new hard soda line and stars Guy FieriCNBCBud Light Seltzer is hoping that a Super Bowl ad starring celebrity chef Guy Fieri will help jump-start sales of its new hard soda line.
- 4y agoTAPABI-BEPEPSAM+5The lines between beer, soda and spirits are blurring as beverage companies seek sales growthCNBCIn the hunt for growth, beverage companies are experimenting in new categories, blurring the lines between beer, soft drinks and spirits.
- 4y agoGOOGLAAPLWMTWYNN+5Shaq opens Big Chicken location in Islanders' new $1.5 billion arena, as the NBA icon expands his food empireCNBCFormer NBA star Shaquille O'Neal opened another Big Chicken inside an NHL arena, part of his plan to compete with bigger brands.
- 5y agoNGABKNXTSPUPS+7Embark CEO sees supply chain crisis as the 'inflection point' for autonomous truckingCNBCThe congestion at U.S. ports, the trucker shortage, and the rise of e-commerce have created a unique opportunity, Embark Trucks CEO Alex Rodrigues told CNBC.
- 5y agoFTDOCAAPLAMZN+12Stocks making the biggest moves midday: Ford, eBay, Apple, Tesla, Merck and moreCNBCThese are the stocks posting the largest moves in midday trading.
- 5y agoCMCSACATMRKTPX+7Stocks making the biggest moves premarket: Comcast, Caterpillar, Merck and moreCNBCThese are the stocks posting the largest moves before the bell.
- 5y agoSAMSTZTAPABI-BE+1Boston Beer tossed 'millions of cases' of Truly hard seltzer instead of discounting it, chairman saysCNBCBoston Beer Chairman Jim Koch told CNBC the company decided to throw away excess supply of Truly hard seltzer in response to a categorywide sales slowdown.
- 5y agoAAPLMSFTGOOGLFB+51Big Tech earnings in the week ahead could test stocks' recent rallyCNBCAn earnings avalanche is coming in the week ahead that could put the stock market's latest gains to the test.
- 5y agoPEP5108.T-JPCMCSAABI-BE+1NFL taking Super Bowl halftime sponsorship rights to market as deal with Pepsi set to expireCNBCPepsi owns the title rights for the NFL's halftime show in a deal that's set to expire after 2022.
- 5y agoSTZABI-BEConstellation Brands CEO says slower growth of hard seltzer will 'probably' continue in futureCNBC"We still think that seltzer is going to be an important part of the category going forward, but probably at a much lower growth profile," Bill Newlands told CNBC.
- 5y agoABI-BEJPMorgan downgrades AB InBev to underweight, says inflation will hit earningsCNBCThe beverage company could fall more than 8%, according to JPMorgan.
- 5y agoTAPSTZSAMABI-BEBud Light and Corona flex brand strength to stand out in a crowded hard seltzer aisleCNBCNewcomers to hard seltzer are using the heft of legacy beer brands to edge out the category's first movers, White Claw and Truly.
- 5y ago2587.T-JPSAMPEPABI-BE+1Beam Suntory and Boston Beer form venture to sell Sauza tequila drinks, bring Truly to spiritsCNBCBeam Suntory and Sam Adams brewer Boston Beer are joining forces through a new partnership that will bring the iconic brands into new categories.
- 5y agoABI-BEConsumers have been eager to return to pre-Covid drinking routines, says Anheuser-Busch InBev CEOCNBCOutgoing Anheuser-Busch InBev CEO Carlos Brito told CNBC the brewer has changed its production back to a more "normal balance" of draft and bottled beer.
- 5y agoNGABKNXTSPAMZN+3Embark CEO Alex Rodrigues, just 25, is taking his driverless truck startup public via SPACCNBCFounded in 2016, Embark prides itself on being the first to test self-driving trucks on public roads in the U.S., Rodrigues told CNBC.
- 5y agoDGE-GBABI-BEDiageo becomes first spirits company to sign sponsorship deal with NFLCNBCSmirnoff Vodka owner Diageo has signed a multiyear deal with the NFL to become the league's first spirits sponsor.
- 5y agoABI-BEDGE-GB2587.T-JPHard seltzer's popularity propels the rise of another summer drink—the canned cocktailCNBCBetween 2019 and 2020, the pre-mixed cocktail category grew by 50% in the United States, according to industry tracker IWSR.
- 5y agoETSYRUNKUBER+4Stocks making the biggest moves midday: Uber, Etsy, Moderna & moreCNBCCheck out the companies making headlines in midday trading.
- 5y agoABI-BEAnheuser-Busch InBev stock rises as brewer picks an insider as its next CEOCNBCShares of Anheuser-Busch InBev rose 5% in premarket trading after the Bud Light brewer announced that CEO Carlos Brito will step down, effective July 1.
- 5y agoETSYUBERZNGARKT+10Stocks making the biggest moves in the premarket: Etsy, Uber, Zynga, Rocket Companies & moreCNBCThe stocks making the biggest moves in premarket trading include Etsy, Uber, Zynga, Rocket Companies, and more.
- 5y agoGMVIACPFEMRNA+60More earnings, April's big jobs report and inflation worries could swing markets in the week aheadCNBCApril's jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May.
- 5y agoGOOGLABI-BEAMZNBMBLCollege students are getting valuable career experience working as brand ambassadors for companies like TikTok and BumbleCNBCCollege Voices: Students working as brand ambassadors for companies like TikTok and Bumble are getting valuable career experience — and extra cash.
- 5y agoABI-BEDGE-GBTAPJim Beam distiller puts $1 billion behind sustainability, diversity, responsible drinking plansCNBC"The environment is shifting around us and we need to be consumer led in everything we do," Beam Suntory CEO Albert Baladi told CNBC.
- 5y agoABI-BEWERNAB InBev, Werner Enterprises to test Embark driverless truck technologyCNBC