New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 18, 2014
13:03 EDTTAPMolson Coors, Heineken expand marketing partnership in Canada
Molson Coors and Heineken announced that they have expanded their marketing partnership in Canada, whereby Molson Coors Canada will assume responsibility for distributing five additional Heineken brands in Canada. The new, multi-year agreement further strengthens the existing Molson Coors and Heineken relationship. In addition to Heineken, Murphy’s, Newcastle and Strongbow, Molson Coors Canada will assume the rights to market and sell Dos Equis, Sol, Tecate, Birra Moretti and Desperados. Beginning on January 1, 2015, Molson Coors Canada will have the rights to market and distribute these brands on behalf of Heineken. As part of the new agreement, Molson Coors has also agreed to extend the existing partnership with Heineken to distribute Coors Light in Ireland.
News For TAP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 29, 2015
20:01 EDTTAPAB InBev plans to divest SABMiller's Peroni, Grolsch brands, FT says
AB InBev (BUD) is planning to divest SABMiller's (SBMRY) Peroni and Grolsch brands as it seeks regulatory approval for its proposed merger with the company, reports the Financial Times, citing a source, though a separate source cautioned that the company was merely considering selling the brands. The report notes that potential buyers include Molson Coors (TAP), Heineken (HINKY), and C & C Group. Reference Link
November 16, 2015
07:47 EDTTAPMolson Coors price target raised to $106 from $95 at Cowen
Cowen raised its price target on Molson Coors to $106 from $95 citing accretion from its purchase of the MillerCoors joint venture and free cash flow yield. Cowen reiterated its Outperform rating on Molson Coors shares.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use