anheuser-busch inbev spn adr
(BUD:New York Consolidated)
anheuser-busch inbev spn adr (BUD) Snapshot
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Open
$95.77
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Previous Close
$95.60
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Day High
$96.42
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Day Low
$95.07
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52 Week High
04/10/13 - $101.86
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52 Week Low
06/1/12 - $64.99
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Market Cap
153.1B
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Average Volume 10 Days
871.4K
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EPS TTM
--
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Shares Outstanding
1.6B
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EX-Date
04/23/13
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P/E TM
--
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Dividend
$2.22
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Dividend Yield
2.33%
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anheuser-busch inbev spn adr (BUD) Latest News
anheuser-busch inbev spn adr (BUD) Related Businessweek News
anheuser-busch inbev spn adr (BUD) Details
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, marketing, distribution, and sale of beer. The company offers a portfolio of approximately 200 beer brands. Its international principal brands include Budweiser, Stella Artois, and Beck’s; multi-country brands consist of Leffe and Hoegaarden; and local brands comprise Bud Light, Michelob, Skol, Brahma, Antarctica, Quilmes, Jupiler, Hasseroder, Klinskoye, Sibirskaya Korona, Chernigivske, Harbin, and Sedrin. The company also produces and distributes soft drinks. Anheuser-Busch InBev SA/NV sells its products in 120 countries. The company was founded in 1366 and is headquartered in Leuven, Belgium.
anheuser-busch inbev spn adr (BUD) Key Developments
McCraith Beverages, a beer and wine distributor in New York, is suing Anheuser-Busch for assigning new beers to a rival distributor. In the lawsuit, McCraith alleges it was granted exclusive distribution rights between 1994 and 2004 to distribute Rolling Rock, Stella Artois, Becks, Bass and other beers by Labatt USA, which was later bought by InBev USA. In 2008, InBev acquired Anheuser-Busch. McCraith alleges that when A-B introduced new beers to its lineup in recent months, such as Bass IPA and Beck's Sapphire, A-B assigned the new beers to another distributor in New York. The change in assignments violates New York's Alcoholic Beverage Control Law, which prohibits brewers from changing a beer distribution agreement without cause, McCraith stated in the suit. The New York distributor estimates its damages are at least $240,000.
Anheuser-Busch InBev SA/NV (ENXTBR:ABI) said that it is no longer interested in the acquisition of Budejovický Budvar, n.p. Frank Hellwig, Legal Director of Anheuser-Busch said, "We don't have any plans, or intention, or desire to buy Budvar." Hellwig said that such an acquisition, which it had considered in the past, doesn't make commercial sense since InBev is doing well registering its Budweiser brand in new countries despite the dispute.
Anheuser-Busch InBev SA/NV announced that they will report Q1, 2013 results at 7:00 AM, US Eastern Standard Time on Apr 30, 2013
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Industry Analysis
BUD
Industry Average
| Valuation | BUD | Industry Range |
| Price/Earnings | 20.4x |
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| Price/Sales | 3.9x |
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| Price/Book | 3.7x |
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| Price/Cash Flow | 20.2x |
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| TEV/Sales | 2.3x |
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Post a JobJobs
- Saint Louis, MO | Anheuser-BuschPosted: May 22
- Saint Louis, MO | Anheuser-BuschPosted: May 22
- Montana | Anheuser-BuschPosted: May 22
- Perry, OK | Anheuser-BuschPosted: May 20
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To contact ANHEUSER-BUSCH INBEV SPN ADR, please visit www.ab-inbev.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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