News: Molson Coors Brewing Co (TAP)

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Tue, May 14 2013

Molson Coors upbeat on central Europe amid wider gloom

* Potential from economic recovery, growth in premium brands

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Molson Coors results miss as "poor weather" hurts sales

- Molson Coors Brewing Co , the maker of Carling, Blue Moon and Coors Light beers, reported weaker-than-expected quarterly results, citing "poor weather" that cut beer consumption.

UPDATE 1-Molson Coors results miss as "poor weather" hurts sales

* First-quarter adjusted earnings/share $0.30 vs est $0.34

CORRECTED-Molson Coors first-quarter profit falls 55 percent

(Corrects reporting period in headline to first-quarter from second-quarter)

Fitch Affirms Molson Coors' Ratings at 'BBB/F2'; Rates CP 'F2'

(The following statement was released by the rating agency) CHICAGO, March 11 (Fitch) Fitch Ratings has taken the following rating actions on Molson Coors Brewing Company (Molson Coors) and its related entities: The following ratings have been affirmed: Molson Coors Brewing Company (Parent) --Long-term Issuer Default Rating (IDR) at 'BBB'; --Short-term IDR at 'F2'; --Bank credit facility rating at 'BBB'; --Senior unsecured debt rating at 'BBB'. Molson Coors Holdco, Inc. (a 100% owned subsidiar

UPDATE 1-Miller to end licensing deal with Molson Coors Canada

TORONTO, Feb 27 - Miller Brewing Co, a subsidiary of SABMiller Plc, said on Wednesday it is terminating its Canadian license agreement with Molson Coors Brewing Co's Canadian arm, as it believes its partner is not doing enough to promote Miller brands in Canada.

Miller terminates license agreement with Molson Coors Canada

TORONTO, Feb 27 - Miller Brewing Co, a subsidiary of SABMiller Plc, said on Wednesday it is terminating its Canadian license agreement with Molson Coors Brewing Co's Molson Coors Canada affiliate.

Higher tax bill, weak Canada sales hit Molson Coors profit

- Molson Coors Brewing Co reported a 28 percent decline in fourth-quarter profit as its tax bill more than doubled and beer sales slumped in Canada, its top market.

UPDATE 2-Higher tax bill, weak Canada sales hit Molson Coors profit

Feb 14 - Molson Coors Brewing Co reported a 28 percent decline in fourth-quarter profit as its tax bill more than doubled and beer sales slumped in Canada, its top market.

Molson Coors profit drops 28 pct on higher marketing, taxes

Feb 14 - Molson Coors Brewing Co, known for its Molson Canadian, Miller Coors and Coors Light beers, reported a sharp drop in fourth-quarter profit, hurt by higher marketing costs and corporate tax rates.

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