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Molson Coors Brewing Co (TAP)

TAP on New York Consolidated

101.02USD
24 Feb 2017
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$1.38 (+1.38%)
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Latest Key Developments (Source: Significant Developments)

Molson Coors Brewing Company announces regular quarterly dividend
Thursday, 16 Feb 2017 05:30pm EST 

Molson Coors Brewing Co : Molson Coors Brewing Company announces regular quarterly dividend . Molson Coors Brewing Co - declared a regular quarterly dividend on its class a and class b common shares of us$0.41 per share .Molson Coors Brewing Co - in addition, molson coors canada inc declared a quarterly dividend of approximately CDN$0.53.  Full Article

Molson Coors says it expects 2017 capex of $750 mln
Tuesday, 14 Feb 2017 12:23pm EST 

Molson Coors Brewing Co : Molson Coors - Expects 2017 capital spending about $750 million based on foreign-exchange rates at the end of 2016 -conf call . Molson Coors - expects 2017 effective tax rate to be 24 percent - 20 percent assuming no further changes in tax laws, tax orders or adjustments to tax position - conf call . Molson Coors - expects 2017 underlying free cash flow for 2017 to be $1.1 billion - conf call . Molson Coors - expects 2017 cost of goods sold to increase at low single-digit rates - conf call . Molson Coors - expects 2017 Canada COGS to increase in mid-single-digits and Europe COGS to decrease in low single-digits in local currency - conf call . Molson Coors - expects full-year non-cash cost of $40 million on further amortization of Molson brands in Canada - conf call . Molson Coors - expects full year non-cash cost of $40 million on further amortization of Molson brands in Canada - conf call Further company coverage: [TAP.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Molson Coors appoints Tracey Joubert CFO
Thursday, 17 Nov 2016 05:20pm EST 

Molson Coors Brewing Co : Tracey Joubert appointed Molson Coors new chief financial officer . Mauricio Restrepo has resigned from his position as chief financial officer of Molson Coors Brewing Company, effective immediately . Joubert has served as executive vice president and chief financial officer for Millercoors since 2012 .Restrepo resigned because of matters "regarding personal conduct unrelated to operations or financial statements of company".  Full Article

Betty Devita joins Molson Coors board of directors
Thursday, 11 Aug 2016 10:00am EDT 

Molson Coors Brewing Co : Betty Devita joins Molson Coors board of directors .Devita's nomination was approved at company's most recent annual stockholder meeting.  Full Article

Molson Coors reports Q2 adj earnings per diluted share $1.11
Tuesday, 2 Aug 2016 06:45am EDT 

Molson Coors Brewing Co : Quarterly underlying after-tax income $1.11 per diluted share . Q2 earnings per share view $1.11, revenue view $962.1 million -- Thomson Reuters I/B/E/S . Quarterly U.S. GAAP net income from continuing operations attributable to MCBC $0.81 per share . Quarterly net sales $1,643.4 million, decreased 3.7 percent on a reported basis .Quarterly worldwide beer volume: 16.1 million hectoliters, decreased 0.8 percent.  Full Article

Coors Light and Miller Lite combine to deliver flat sales to retail volume
Tuesday, 2 Aug 2016 06:45am EDT 

Molson Coors Brewing Co : Coors Light and Miller Lite combine to deliver flat sales to retail volume for the second consecutive quarter . Millercoors Q2 underlying net income declined 3.8 percent to $468.8 million versus same period in prior year .Millercoors qtrly total net sales decreased 3.5 percent to $2.127 billion.  Full Article

Molson Coors announces leadership appointments to take effect upon close of Millercoors deal
Monday, 25 Jul 2016 11:30am EDT 

Molson Coors Brewing Co : Molson coors announces leadership appointments to take effect upon close of Millercoors acquisition . Kandy Anand, current president and CEO of Molson Coors international, will be appointed chief growth officer for Molson Coors . Michelle nettles, current chief people officer for Millercoors, to be appointed chief people and diversity officer for Molson Coors . Frederic Landtmeters, current MD of Molson Coors UK and Ireland, will be appointed as new president and CEO of Molson Coors Canada . Stewart Glendinning, current CEO of Molson Coors Canada, will be appointed as new president and CEO of Molson Coors International . Effective January 1, 2017, Millercoors' business in Puerto Rico will be transferred to Molson Coors International .Effective Jan 2017, Molson Coors International's export and license business in Europe will be transferred to Molson Coors Europe.  Full Article

Molson coors declares regular quarterly dividend
Thursday, 21 Jul 2016 05:30pm EDT 

Molson Coors Brewing Co :Says declared a regular quarterly dividend on its class A and class B common shares of US$0.41 per share.  Full Article

Molson prices public offering of $5.3 billion aggregate principal amount of senior notes
Tuesday, 28 Jun 2016 09:29pm EDT 

Molson Coors Brewing Company Announces Pricing Of Its Public Offering Of United States Dollar : Pricing of its previously announced public offering of $5.3 billion aggregate principal amount of its senior notes . $5.3 billion senior notes consist of $500 million of 1.450% senior notes due 2019, $1.0 billion of 2.100% senior notes due 2021 among others . Denominated senior notes (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).  Full Article

Molson prices public offering of $5.3 billion aggregate principal amount of senior notes
Tuesday, 28 Jun 2016 06:05pm EDT 

Molson Coors Brewing Company Announces Pricing Of Its Public Offering Of United States Dollar : Pricing of its previously announced public offering of $5.3 billion aggregate principal amount of its senior notes . $5.3 billion senior notes consist of $500 million of 1.450% senior notes due 2019, $1.0 billion of 2.100% senior notes due 2021 among others . Denominated senior notes (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).  Full Article

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