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☆ Cheerwine, Vernors Ginger Ale, and 10 other regional soda brands with cult followings
▼ + stars: | 2023-03-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: 1 min

Topo ChicoBottles of Topo Chico water. Tiffany Rose/Getty Images for GBK Brand BarTopo Chico became a nationally recognized brand after Coca-Cola acquired the company for $220 million in 2017. Its sparkling water got national distribution, and Coke rolled out a Topo Chico hard seltzer through a partnership with Molson Coors. But before all that, the brand was a favorite among consumers in Northern Mexico and, in the early 2000s, with Texans. The brand got its US start in Hispanic grocery stores, according to Gerardo Galván, a Topo Chico executive who helped with the brand's expansion.

☆ The most unique regional soda brands with cult followings, from Moxie to Topo Chico
▼ + stars: | 2023-03-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: 1 min

☆ White Claw unveils branded vodka as it enters the spirits category
▼ + stars: | 2023-03-21 | by ( Stefan Sykes | ) www.cnbc.com time to read: +1 min

White Claw is moving into spirits amid an industry-wide shift away from hard seltzers. The spiked seltzer brand announced Tuesday a new line of regular and flavored White Claw Premium Vodka. The bottles are available in select markets across North America and come in an unflavored option, as well pineapple, mango and black cherry. "We spent almost a decade researching and developing a new way to show drinkers what complexity looks, tastes, and feels like within the minimalist experience of vodka," said Anthony von Mandl, founder and chief executive of the Mark Anthony Group, which owns the White Claw brand, in a press release. The company says it's invented a new way to filter vodka to achieve a "minimal yet complex combination of aromas and sensations."

☆ SunnyD is being turned into a boozy beverage
▼ + stars: | 2023-03-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —SunnyD, the flavorful orange drink chugged from childhood by millennials, is embracing one of its more collegial cocktail combinations. There’s now a vodka seltzer version of the drink that was created because of “popular demand,” the brand said. SunnyD Vodka Seltzer becomes the latest entrant into the canned cocktail craze that has customers thirsting for flavor-packed adult beverages over their malt-based seltzer siblings. The vodka seltzer is 4.5 percent alcohol by volume, has 0 grams of sugar and only 95 calories. SunnyD was sold to Harvest Hill Beverage Company in 2017, the privately owned manufacturer of Juicy Juice, with sales of the orange drink growing more than 30% since 2019.

☆ Bud Light Seltzer wants to remind people it doesn’t actually contain any beer
▼ + stars: | 2023-03-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Bud Light Seltzer has a problem: People still think there’s beer in the spiked seltzer. “We launched Bud Light Seltzer with the Bud Light name in 2020 because it came with immediate benefits in terms of recognizability and distribution,” he said. From Bud Light Seltzer/YouTubeTo that end, Bud Light Seltzer is rolling out a new, year-long ad campaign with the slogan “100% Hard Seltzer, 0% Beer.” The debut TV spot shows a Bud Light Seltzer delivery truck rolling through a brown-colored desert with colorful bubbles floating through the back. In one ad shown during the 2020 Super Bowl, Bud Light Seltzer enlisted rapper Post Malone and showed the inside of his brain trying to decide to either buy Bud Light or Bud Light Seltzer from a convenience store. Sales of Bud Light Seltzer have fallen about 24% last year, the firm said, which is worse than the seltzer category on average, which fell nearly 15%.

☆ Monster Beverage is making booze that tastes just like its energy drinks, and you can already buy it in these 6 states
▼ + stars: | 2023-03-01 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

The Beast Unleashed contains 6% alcohol by volume and flavors inspired by its energy drinks. Called The Beast Unleashed, the drinks are made with malt alcohol and contain 6% alcohol by volume, though no caffeine or energy-inducing ingredients. But the Beast beverages are its latest attempt to diversify its business. Beast Unleashed, which the company announced in early 2022, is the company's first alcoholic beverage that uses the Monster brand. The launch marked the first alcoholic beverage that the cola maker sold in the US.

☆ Top 10 things the Club is watching in the stock market Thursday: PPI hot, stocks drop, Cisco pops
▼ + stars: | 2023-02-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

The PPI data comes two days after a slightly hotter-than-expected consumer price index for last month. Cloud communications platform Twilio (TWLO) finally makes the pivot to emphasize profitability and the stock gets rewarded ... up 9% early Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Stocks making the biggest moves after hours: Roku, Cisco Systems, Twilio and more
▼ + stars: | 2023-02-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The streaming device company reported a loss of $1.70 per share, better than the forecasted $1.73 per share from analysts polled by Refinitiv. Cisco Systems — Shares advanced 4% in extended trading after Cisco Systems surpassed expectations in its latest earnings results. The digital communications company reported earnings of 88 cents per share, slightly higher than consensus estimate from Refinitiv that showed 86 cents earnings per share. Twilio — The stock jumped 12% in extended trading after Twilio reported a revenue beat. The silicon design company beat earnings expectations in the first quarter, but revenue came in line with expectations.

☆ Budweiser looks to younger generation in Super Bowl ad
▼ + stars: | 2023-01-31 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

[1/2] Hip hop record producer Metro Boomin participates in an ad for Budweiser in this undated handout. Budweiser/Handout via REUTERSJan 31 (Reuters) - Budweiser is aiming to appeal to younger beer drinkers with a Super Bowl commercial that features actor Kevin Bacon and hip hop record producer Metro Boomin, and brings back the beer brand's classic tagline, "This Bud's for you." Budweiser resurrected the tagline "This Bud's for you" by showcasing real people who embody qualities such as grit and determination, said Kristina Punwani, head of marketing for Budweiser USA. Metro Boomin, who is from St. Louis, Missouri, where Budweiser parent company Anheuser-Busch (ABI.BR) is based, takes the fourth beer in the ad while in a music studio. Budweiser will utilize hip hop and music throughout the year as it focuses on younger consumers, Punwani said.

☆ Molson Coors is launching its first-ever zero-proof cocktail
▼ + stars: | 2023-01-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Molson Coors is typically known for its lineup of beers and booze, but its newest drink isn’t either. Its arrival comes as Molson Coors broadens its portfolio beyond beer and expands into new growth categories that are sparking consumers’ interest, including canned cocktails and non-alcoholic beverages. “We know a lot of consumers are starting to either moderate or temper and think about their consumption habits,” Jamie Wideman, vice president of innovation for Molson Coors exclusively told CNN. Molson Coors Beverage CompanyRoxie is available in three flavors: Passionfruit, pineapple and mango. The company’s direction beyond traditional beer stems from a 2019 decision to rebrand itself from Molson Coors Brewing Company to Molson Coors Beverage Co (TAP)mpany as a result of declining beer sales.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Rivian, Target, Microsoft, Etsy & more
▼ + stars: | 2023-01-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: UBS downgrades Microsoft to neutral from buy UBS said in its downgrade of the stock that it's concerned about Microsoft Office risks. Wells Fargo downgrades Target to equal weight from overweight Wells said in its downgrade of the stock that it sees too much 2023 uncertainty. " UBS downgrades JB Hunt to neutral from buy UBS said in its downgrade of the shipping company that it sees volume and pricing risk. UBS downgrades Honeywell to sell from buy UBS said in its downgrade of the stock that the multiple is "inflated." UBS reiterates Amazon as buy UBS lowered its price target on the e-commerce giant to $125 per share from $165 but says it's standing by the stock.

☆ A top 1% performing fund manager explains why history proves the S&P 500 will fall another 30% in the next 3-to-9 months — and shares 11 compelling stocks to buy in 2023 that will power through a rece
▼ + stars: | 2022-12-21 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

He foresees the S&P 500 falling another 30% and bottoming within the next three to nine months. Abate shared 11 compelling stocks to buy to mitigate looming recessionary risks. But with the looming threat of a recession, Abate believes that the days of big contrarian trade ideas are now behind us. Especially "idiosyncratic stocks that have kind of already felt the pain of a downturn, so even if a recession happens, their backlogs can get them through recessionary conditions." Two biotechnology names Abate noted as standout idiosyncratic ideas are Biogen (BIIB) and Gilead (GILD).

☆ Druski on staying 'that number one go-to guy for comedy,' and business advice from Drake
▼ + stars: | 2022-12-09 | by ( John Lynch | ) www.businessinsider.com time to read: +13 min

Like I just can't imagine falling off or having a short career, or just not being that number one go-to guy for comedy, you know? And yeah, he's ... bro, that dude has mastered ... [laugh], like, the art of everything, you know? And yeah, he's just such an inspiration, and it's great to have him as a friend. Oh yeah, definitely. So it's like, y'all can't no longer say it don't equivilate to real money, 'cause, hey, look at us know, you know I'm saying?

☆ 8 best Yeti Cyber Monday deals 2022
▼ + stars: | 2022-11-28 | by ( Maria Cassano | ) www.nbcnews.com time to read: +5 min

Amazon has included a few highly-rated items from Yeti in their Cyber Monday sale. While it is not officially being called a Cyber Monday sale on the Yeti site, the brand has a number of items on sale through Nov. 28. To help you make the most of the shopping holiday, we compiled some of the best Cyber Monday deals and sales on Yeti products. Best Cyber Monday 2022 Yeti dealsBelow, we’re sharing the best Cyber Monday Yeti deals based on our previous coverage and reporting. 4.7-star average rating from 5,257 reviews at YetiKeep hot drinks hot and cold drinks cold with this insulated 10 oz lowball cup.

☆ JPMorgan double-upgrades AB InBev, says shares are cheap and will benefit from light beer sales recovery
▼ + stars: | 2022-11-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Slowing demand for hard seltzer opens up an opportunity for beer giant Anheuser-Busch InBev, according to JPMorgan. Analyst Jared Dinges double-upgraded shares of the beer manufacturer to overweight from underweight, saying the stock is trading at a 23% discount to the broader sector and should benefit from improving demand for domestic light beer in the United States. A resurgence in demand for domestic light beer — Anheuser-Busch's "bread and butter" — and the decline in hard seltzer demand in the U.S. should also bode well for the company going forward, Dinges said. "It's commonly believed that Hard Seltzer sales are primarily being replaced by [ready-to-drink beverages], however, we believe a bigger benefactor from the seltzer slowdown is domestic light beer - domestic light beer has improved its share trajectory by 120bps in 2022 alone," he wrote. Demand for beer in the region correlates strongly with the global commodities cycle and should remain strong even as commodities prices remain elevated.

☆ Stocks making the biggest moves midday: Apple, DraftKings, Biogen, Williams-Sonoma and more
▼ + stars: | 2022-11-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Apple — Apple shares fell 2% following a report that iPhone production could take a big hit due to unrest at a Foxconn factory in China, amid protests in China against the nation's zero-Covid policy. Wynn Resorts, Melco Resorts — Shares of casino operators Wynn Resorts and Melco Resorts gained 4.1% and 9.5% respectively, after the Chinese government granted them provisional licenses to continue operating in Macau. DraftKings — Shares dropped more than 5% after JPMorgan downgraded DraftKings to underweight from neutral, saying in a note that the company's competitors are more likely to achieve online sports betting profitability. Biogen — Biogen's stock fell nearly 4% after a Science.org report that a woman participating in an experimental Alzheimer's treatment trial, sponsored by Biogen and a Japanese pharma company, recently died from a brain hemorrhage. Williams-Sonoma — Shares tumbled 4.7% after Morgan Stanley downgraded the home furnishings stock to underweight, saying shares could fall further as demand weakens in a difficult macro environment.

Amazon has included a few highly-rated items from Yeti in their Black Friday sale. While it is not officially being called a Black Friday sale on the Yeti site, the brand has a number of items on sale through Nov. 28. To help you make the most of the shopping holiday, we compiled some of the best Black Friday deals and sales on Yeti products. Best Black Friday 2022 Yeti dealsBelow, we’re sharing the best Black Friday Yetideals based on our previous coverage and reporting. 4.7-star average rating from 5,257 reviews at YetiKeep hot drinks hot and cold drinks cold with this insulated 10 oz lowball cup.

☆ Stocks making the biggest moves midday: Carvana, Meta, Palantir, Viatris, Walgreens and more
▼ + stars: | 2022-11-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Carvana — Carvana shares shed more than 15%, with trading briefly halted at one point due to volatility. Walgreens raised its fiscal year 2025 sales goal for its U.S. health-care business to $14.5 billion to $16.0 billion, from $11.0 billion to $12.0 billion to account for the deal. Viatris — The global health-care company rallied 16% after it announced it intends to create an ophthalmology franchise by acquiring Oyster Point Pharma and Famy Life Sciences. The toymaker's shares shed nearly 60% last Friday after it delivered disappointing quarterly results and issued a weak forward guidance that included a fourth-quarter loss. DoorDash — Shares of the food delivery company rallied 2.5% after being upgraded by Oppenheimer to outperform from perform.

☆ Here are Monday's biggest analyst calls: Tesla, Apple, Costco, DoorDash, Berkshire Hathaway & more
▼ + stars: | 2022-11-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Bank of America reiterates Synchrony as buy Bank of America said the financial services company is a "hidden" beneficiary of the PayPal-Apple partnership. Bank of America downgrades Funko to neutral from buy Bank of America said in its downgrade of Funko that it sees a "challenging" holiday for the toy company. Oppenheimer upgrading DoorDash to outperform from perform Oppenheimer said it sees improving margins for the food delivery company. Bank of America reiterates Northrop Grumman as a top pick Bank of America said the company has a "best in class" space business. Oppenheimer reiterates Walmart as buy Oppenheimer said investors should buy the dip heading into Walmart earnings next week.

☆ Beer is on pace to lose its leading share of the U.S. alcohol market as spirits surge
▼ + stars: | 2022-10-27 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

This week, Samuel Adams maker Boston Beer debuted Loma Vista Tequila Soda, a ready-to-drink tequila cocktail in both lime and mango flavors. Last year was the 12th consecutive year spirits have taken away market share from beer in the total U.S. alcoholic beverage market, according to a report earlier this year from the Distilled Spirits Council, a national trade organization. The beer category, which includes hard seltzer, accounted for 42% of the U.S. beverage alcohol market in 2021, while spirits accounted for 41%, according to DISCUS. At this trajectory, spirits are pegged to overtake beer in market share in the next few years, even though beer sales have grown. The downward trend of beer market share has also been reflected on the online ordering and alcohol delivery platform Drizly.

☆ Beware of fad stocks. Truly owner, Snap & Zoom have plunged
▼ + stars: | 2022-10-20 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

The Sam Adams brewer, which also owns the hard seltzer brand Truly, is struggling as the popularity of alcoholic seltzer appears to be fading fast. “The continuing decline of the hard seltzer segment … is deeper than previously expected,” said Boston Beer founder and chairman Jim Koch on the company’s earnings call in July. Sam Adams owner Boston Beer made a big bet on Truly Hard Seltzer. Sales have slowed, the company is still losing money, its founders have left, and the stock has plunged nearly 80% this year. E-signature software company DocuSign (DOCU) and virtual health company Teladoc (TDOC) have also plunged this year after getting huge boosts from Covid in 2020.

☆ Recession or not, investments in this sector have shown resilience in tough times
▼ + stars: | 2022-10-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Boston Beer has an average analyst rating of hold and 8% downside to the average price target, according to FactSet. "In a recession, beer tends to gain about one percentage point of share from spirits. How to play the space With that mindset, you shouldn't alter your long-term investments because of a potential recession, Sarwat said. Its average price target is buy. Duckhorn also has an average rating of buy, with 30% upside to the average price target.

☆ Jim Koch used 2 strategies when creating Samuel Adams 38 years ago. Here's what other entrepreneurs can learn from the $4 billion company's founder.
▼ + stars: | 2022-09-27 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Jim Koch founded the Boston Beer Company, the maker of Samuel Adams, in 1984. The bottle is a Samuel Adams, a mainstay on shelves alongside American beer brands like Budweiser and Miller. The Boston Beer Company, which he founded in 1984, now owns Angry Orchard, Truly Hard Seltzer, and Twisted Tea. The billionaire founder and brewmaster said the strategies that made him successful 38 years ago are the same ones that continue to improve Samuel Adams beer today. "In my mind, there is a perfect Sam Adams Boston Lager.

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