SABMiller Reports Strong Sales Volumes
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Brewing giant SABMiller PLC reported strong third-quarter sales volumes Tuesday amid difficult trading conditions in some markets.
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Anheuser-Busch Cos Inc  posted a greater-than-expected 11 percent increase in quarterly profit on Wednesday and affirmed its full-year outlook, as the brewer's portfolio of imports helped it sell more beer at higher prices.
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Altria Group Inc. MO.N, on Tuesday  posted higher quarterly profit, as higher income from its stake  in brewer SABMiller Plc SAB.L, a lower tax rate  and the weak  dollar offset weakness in domestic tobacco and its Kraft food  business.
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A resurgence in sales helped push the brewerâs profit to $214 million in the fourth quarter.
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The No. 2 grocer reports double-digit gains in sales and earnings after recent acquisitions.
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Diageo, the world's biggest maker of alcoholic drinks, has said that its net profit surged by 42 percent to 1.908 billion pounds during its financial year, boosted by strong sales in the United States.
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Spice maker McCormick & Co. Inc  reported higher quarterly profit on Thursday, bolstered by increased sales volume in Europe and Asia.
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Nestle, the world&#39;s biggest food and drink company, on Thursday reported sales of 64.6 billion Swiss francs (US$52.87 billion, euro42.
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The beer, wine and spirits company posted a quarterly profit far above Wall Street estimates, sending its shares up sharply.
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InBev SA, the world's largest brewer by volume, said Thursday its fourth-quarter profit more than doubled on increased sales of brands like Stella Artois, Beck's and Bass across all regions except its home base in Western Europe.
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InBev SA, the world's largest brewer and the maker of Stella Artois, Beck's and Brahma, said Thursday its fourth-quarter profit more than doubled as it increased sales across all regions except its home base in Western Europe.
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New orders for long-lasting U.S.-made manufactured goods surged a much bigger-than-expected 5.9 percent in July, the biggest gain since September.
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Business activity in the U.S. Midwest expanded in May at a much faster rate than expected fueled by a surge in new orders and stronger hiring, a report showed on Thursday.
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The retailer reports another quarter of double-digit sales growth.
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French wine and spirits producer Remy Cointreau said it was on track for profit growth after strong sales.
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SABMiller, the world&#39;s second largest brewer&#39;s Chinese joint-venture, China Resources Breweries Limited (CRB) has acquired the Chinese brewing interests of Lion Nathan for an equity value of $71-million and estimated assumed debt of $83-million, CRM
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Boosted by strong sales in Europe, the Middle East and Africa, and with continued growth in the U.S., SAP AG, the world's largest maker of business management software, posted a third-quarter rise in revenue and net income.