71.45 +1.08 (1.53%)
Pre-market: 8:42AM EST
|Bid||71.46 x 800|
|Ask||71.52 x 2200|
|Day's range||69.23 - 72.87|
|52-week range||69.23 - 117.06|
|Beta (3Y monthly)||0.96|
|PE ratio (TTM)||20.43|
|Forward dividend & yield||3.30 (4.57%)|
|1y target est||94.54|
Moody’s Investors Service on Tuesday lowered Anheuser-Busch InBev NV’s credit rating to Baa1 from A3, after putting the grade on review for a cut in early October. This confirms that life has been getting grimmer for Megabrew since it came into existence two years ago. AB InBev has been lumbering under about $100 billion of debt, while grappling with a plunge in emerging-market currencies that has hurt profits.
Moody’s lowered AB InBev’s senior unsecured debt ratings to Baa1 from A3, putting the world’s largest beermaker three steps from junk, the ratings firm said in a statement Monday. AB InBev, based in Leuven, Belgium, has the biggest debt load in the global food and drink industry. If the Hoegaarden brewer can’t cut that ratio to 4.5 or lower by the end of 2020, Moody’s said it could lower the credit rating even further.
Spoiler: That's never a good sign, and certainly not one in this case. Could it possibly be that Bud Light is losing relevance?
Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks, releases a sector snapshot looking at the race for positioning in the future cannabis beverage space, with companies targeting key executives from the beverage industry as well as expanding with corporate acquisitions in the alcoholic and non-alcoholic beverage sector. High expectations on the passing of the US 2018 Farm Bill, as well as Canada’s anticipated edibles roll-out in 2019, have pushed cannabis infused beverage companies to continue to add to their company rosters ensuring they are fully prepared to seize the massive CBD beverage market in Canada, the US and internationally. Looking to the future, Sproutly Canada, Inc. (CSE:SPR) (OTCQB:SRUTF) (38G.F), a licensed cannabis producer in Canada that has secured a natural water soluble technology to redefine cannabis beverages, just announced two new hires from the beverage sector, adding to their already seasoned team.
Important news for shareholders and potential investors in Anheuser-Busch InBev SA/NV (EBR:ABI): The dividend payment of US$0.56 per share will be distributed to shareholders on 29 November 2018, and the Read More...
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we’ll show how Anheuser-Busch InBev SA/NV’s (EBR:ABI) P/E Read More...
Azure is Microsoft’s (MSFT) cloud services platform. Although Amazon’s (AMZN) Amazon Web Services (or AWS) continues to be the most popular cloud platform, Azure is growing faster than AWS. Its revenue has continued to grow at a rate of over 75% year-over-year in every quarter.
“It just feels like a much more risky proposition than it did a year ago,” said Shoup, whose Chicago-based firm manages $186 billion in assets, including $100 billion in fixed income, in a phone interview. High-grade bonds may be able to claw back some of the steep losses seen in October if issuance slows, Asian investors stop selling and stock markets stabilize, Shoup said in a Nov. 9 phone interview. “I wouldn’t be surprised if the second half of 2019 really poses some significant challenges and could result in wider spreads,” Shoup said.
Argus analyst John Eade cut his rating on Budweiser’s parent to Hold from Buy, and says the outlook might be “more challenging.”
Buying SABMiller and a portfolio of craft brewers was supposed to return AB InBev to growth, but it hasn't worked out that way.
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Beverage stocks, and other consumer staples, are supposed to provide havens during market turbulence. Some of them have debt loads that make them anything but.