March 3 at 11:12 a.m.
Filed under:
Earnings,
International
By Reuters
Some of InBev's brands. (AP Photo/Geert Vanden Wijngaert)
U.S. and Brazilian drinkers are paying more for their beer and moving to expensive brands, according to Anheuser-Busch InBev, the world’s largest brewer.
The maker of Budweiser, Stella Artois and Beck’s reported a better-than-expected 22 percent improvement in fourth-quarter core profit on Thursday as higher prices and cost cuts offset lower volumes in the U.S. and slowing growth in Brazil.
It saw a first-quarter drag on volumes as high U.S. unemployment and floods in Brazil kept drinkers out of bars, but improvement thereafter. Get the full story »
Sep. 23, 2010 at 4:32 p.m.
Filed under:
Beverages,
Food
By Associated Press
This free Budweiser’s for you. But so is the job of figuring out when and where to get it.
Anheuser-Busch InBev announced this week that a “Budweiser National Happy Hour” kicks off next Wednesday with free samples at bars and restaurants. But because local and state laws limit alcohol sampling, the brewer can’t give any more specifics.
July 29, 2010 at 10:52 a.m.
Filed under:
Advertising/Marketing,
Food,
Litigation
From the Wall Street Journal | Europe’s highest court has ruled that Anheuser-BuschInBev cannot get a trademark for the Budweiser brand across the continent.
July 12, 2010 at 10:22 a.m.
Filed under:
Food,
Litigation,
M&A
By Reuters
Anheuser-Busch InBev, the world’s largest brewer, said Monday that a New York arbitration panel has ruled that its ownership of a 50 percent stake in Grupo Modelo is legitimate, dismissing the Mexican beermaker’s $2.5 billion claim.
Ending the dispute could open the way to AB InBev increasing its stake in Modelo, Mexico’s largest brewer and producer of the Corona brand, analysts say. Get the full story »
