BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[As economy flounders, people still drink beer]]>http://www.bloggingstocks.com/2009/06/04/as-economy-flounders-people-still-drink-beer/http://www.bloggingstocks.com/2009/06/04/as-economy-flounders-people-still-drink-beer/http://www.bloggingstocks.com/2009/06/04/as-economy-flounders-people-still-drink-beer/#commentsFiled under: ,

I see it most on Friday afternoons, no matter what the weather: people dressed in uniforms from blue-collar jobs, or dirty overalls, trudging down the street towards their homes, carrying a case of beer, in cans. Sometimes there will be another item in a plastic bag from the corner convenience store: a bag of potato chips, maybe. But the beer never changes.

Even more of it than last year, says MillerCoors, the U.S. combination of Molson Coors Brewing Company (NYSE: TAP) and SABMiller Plc (OTC: SBMRY). According to MillerCoors Chief Commercial Officer Tom Long, growth is slowing but, despite a recession, is slowing less than wine or spirits growth; down to 0.6% for 2009-2012 compared to 0.9% between 2004-2008. Among Miller and Coors brands showing market share growth are Miller Lite, Coors Light, Miller Genuine Draft 64, Blue Moon Beer (a craft beer), Miller High Life and Keystone Light. First quarter sales for the company were up 3.8% for profit of $68.5 million.

Continue reading As economy flounders, people still drink beer

As economy flounders, people still drink beer originally appeared on BloggingStocks on Thu, 04 Jun 2009 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>beercoorscoors lightCoorsLightfeaturedkeystonemiller liteMillerLitemolsonmolsoncoorsThu, 04 Jun 2009 17:00:00 EST<![CDATA[Analyst initiations 2-07-07: American Tech started Digital River with a Buy rating]]>http://www.bloggingstocks.com/2007/02/07/analyst-initiations-2-07-07-american-tech-starts-digital-river/http://www.bloggingstocks.com/2007/02/07/analyst-initiations-2-07-07-american-tech-starts-digital-river/http://www.bloggingstocks.com/2007/02/07/analyst-initiations-2-07-07-american-tech-starts-digital-river/#commentsFiled under: ,

MOST NOTEWORTHY: Digital River Inc (DRIV) was today's only notable initiation.
  • American Technology initiated Digital River Inc (NASDAQ: DRIV) with a Buy rating and $65 target. The firm believes Q1 guidance could be weak, but feels weakness would be short-lived as investors gain a better understanding of Digital River's Microsoft Corp- (NASDAQ: MSFT) driven revenue and margin upside in the second-half of 2007...

OTHER INITIATIONS:
  • Merriman initiated Idera Pharmaceuticals Inc (AMEX: IDP) with a Buy rating and put fair value at $10-$12 a share.
  • Merrill Lynch reinstated Nvidia Corp (NASDAQL NVDA) and KLA-Tencor Corp (NASDAQ: KLAC) with Buy ratings.
  • Jefferies initiated CommScope Inc (NYSE: CTV) with a Buy rating and $37.50 target; they believe CommScope is a solid play with trends such as increasing competition among cable operators and wireline service providers as well as increasing bandwidth consumption by enterprises.
  • Raymond James started Keystone Automotive Inds Inc (NASDAQ: KEYS) with a Market Perform rating.
  • Roth Capital initiated G. Willis Food Int'l Ltd (NASDAQ: WILC) with a Buy rating and 48 target; Roth expects the largest marketer and distributor in Israel of kosher food products to grow at a 15%-20% rate over the next several years.
  • JP Morgan initiated Covanta Holding Corp (NYSE: CVA) with a Neutral rating on valuation.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst initiations 2-07-07: American Tech started Digital River with a Buy rating originally appeared on BloggingStocks on Wed, 07 Feb 2007 11:39:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystcommscopectvcvadigital riverDigitalRiverdrivG. Willis FoodG.WillisFoodideraidpinitiationkeyskeystonekla tencorklacKlaTencormicrosoftmsftnvdanvidiarating changeRatingChangeratingstheflyonthewall.comwilcWed, 07 Feb 2007 11:39:00 EST