Beam Inc (BEAM.N)
7 Mar 2014
|Market Cap (Mil.):||$13,764.23|
|Shares Outstanding (Mil.):||165.34|
OSAKA, Japan, Feb 17 - The head of Suntory Holdings Ltd said on Monday the $13.6 billion takeover of U.S. whiskey maker Beam Inc would help the Japanese spirits maker expand in emerging markets Brazil, Russia, India and China.
BOSTON, Jan 31 - Hedge fund manager William Ackman sold 7.3 million shares in Beam Inc this week, according to a regulatory filing on Friday, trimming his holdings three weeks after the share price spiked on news of a planned takeover by Japanese whiskey maker Suntory Beverage & Food Ltd
Jan 29 - Valero Energy Corp on Wednesday said its fourth-quarter profit rose, topping estimates, as the largest independent U.S. refiner processed more crude and sold its interest in its retail business, CST Brands Inc.
(The following statement was released by the rating agency) MILAN/LONDON, January 23 (Fitch) The recent acquisitions of Beam and Oriental Brewery leave room for further drinks sector M&A in Asia, Africa and the Americas, but acquisition prospects in Europe are limited, Fitch Ratings says. A combination of good cash flow, lower organic growth and improved ratings headroom for some drinks companies will make acquisitions attractive, after a lull last year. Carlsberg and SABMiller have the mos
TOKYO - Suntory Holdings' high-multiple acquisition of Beam Inc boosts the Japanese group's U.S. market share, but the U.S. bourbon maker's sales and distribution networks in Asia and other emerging markets may yet be the deal's trump card.
TOKYO, Jan 17 - Suntory Holdings' high-multiple acquisition of Beam Inc boosts the Japanese group's U.S. market share, but the U.S. bourbon maker's sales and distribution networks in Asia and other emerging markets may yet be the deal's trump card.
(The following statement was released by the rating agency) CHICAGO, January 14 (Fitch) Fitch Ratings has downgraded its ratings of Beam Inc. (Beam) after the firm's announcement that it had entered into a definitive agreement to be acquired by Suntory Holdings Limited (Suntory), for approximately $16 billion, including the assumption of Beam's outstanding net debt. Fitch has also placed the following ratings on Rating Watch Negatives: Beam --Long-Term Issuer Default Rating (IDR) to 'BBB-'
LONDON, Jan 14 - Banks have been contacted about providing longer-term financing to refinance a jumbo bridge loan that is backing Suntory Holdings Ltd's $16 billion acquisition of Beam Inc, banking sources said on Tuesday.
LONDON/NEW YORK - Suntory Holdings Ltd on Monday said it would buy U.S. spirits company Beam Inc for $13.6 billion cash in a deal that would make the Japanese company the world's third-largest spirits maker. | Video
TOKYO - Shares in Suntory Beverage & Food Ltd climbed 2.3 percent to 3,355 yen on Tuesday morning, outperforming the broader market, after parent Suntory Holdings said it would buy U.S. spirits company Beam Inc for $13.6 billion.
|Diageo plc (DGE.L)||1,841.50p||-16.00|
|Pernod Ricard SA (PERP.PA)||€84.15||-0.03|
|Constellation Brands, Inc. (STZ.N)||$83.91||+0.06|
|Constellation Brands, Inc. (STZb.N)||$82.55||-0.10|
|Brown-Forman Corporation (BFb.N)||$88.10||-0.10|
|Brown-Forman Corporation (BFa.N)||$87.54||+0.20|
|Davide Campari-Milano SpA (CPRI.MI)||€6.07||-0.04|
|Remy Cointreau (RCOP.PA)||€61.37||+0.30|
Earnings vs. Estimates
Analyst Research Reports
Provider: Pechala's Reports
Beam Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Ford Investor Services, Inc.
Jefferson Research Financial Sonar Report. A detailed analysis of the current fundamental performance of BEAM INC including Earnings Quality, Cash Flow Quality, Operating Efficiency, Balance Sheet Quality and Valuation.
Provider: Jefferson Research