News: Molson Coors Brewing Company (TAP.N)

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Fri, Nov 27 2009

UPDATE 1-Three brewers eyeing Mexico's FEMSA -sources

* SABMiller, Heineken, Kirin interested in FEMSA Cerveza

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RPT-Three brewers interested in Mexico's FEMSA -sources

LONDON, Nov 27 (Reuters) - Three brewers are interested in acquiring Mexico's FEMSA Cerveza in a $7.5-billion plus auction, with SABMiller seen front runner in a deal likely to be sealed in January, sources close to the situation said Friday.

Three brewers interested in Mexico's FEMSA -sources

LONDON, Nov 27 (Reuters) - Three brewers are interested in acquiring Mexico's FEMSA Cerveza in a $7.5-billion plus auction, with SABMiller seen front runner in a deal likely to be sealed in January, sources close to the situation said Friday.

Constellation CEO sees '09 holiday so-so

NEW YORK (Reuters) - U.S. wine and spirits maker Constellation Brands Inc does not think drinkers will be bellying up to the bar in full force this holiday season, despite some signs of economic recovery.

UPDATE 1-INTERVIEW-Constellation CEO sees '09 holiday so-so

* CEO not optimistic about holiday season

Molson Coors volume slips, shares fall

CHICAGO/NEW YORK (Reuters) - Molson Coors Brewing Co said beer volumes continue to decline in the current fourth quarter as consumers remain focused on value, and shares fell 8.5 percent.

UPDATE 4-Molson Coors volume slips, shares fall

* Beer volume down 2.9 pct, softness expected to continue

Molson Coors profit bigger than expected

CHICAGO (Reuters) - Molson Coors Brewing Co reported a bigger-than-expected rise in quarterly profit, helped by cost cuts and price increases, but volumes fell as the beer industry sees a slowdown in consumer spending.

CORRECTED - UPDATE 2-Molson Coors profit tops view, volume slips

(Corrects Molson's ranking to fifth-largest brewer, not third-largest, paragraph 5)

MillerCoors third-quarter income up

LONDON (Reuters) - MillerCoors, the second-largest brewer in the United States, on Wednesday reported a 28.1 percent rise in third-quarter net income as it found an extra $200 million (121 million pounds) of cost savings resulting from its 2008 merger.

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