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☆ Why corporate America can't stay silent on Hamas's October 7 attacks on Israel
▼ + stars: | 2023-10-20 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +4 min

London CNN —From ESG investing (Blackrock), to gay rights (Disney), to Donald Trump after the Capitol riots (mainstream corporate America), companies routinely take a stand. But when the barbarous scale of Hamas’s October 7 attacks on Israel became clear, staying silent ceased to be an option. “Saying nothing speaks to cowardice,” said Jeffrey Sonnenfeld, a professor at the Yale School of Management who focuses on corporate leadership among other issues. All in, around 80 household-name companies in America have condemned the Hamas attacks, as tracked by Sonnenfeld who maintains a list. “Not taking a stand is taking a stand,” Susan, who served in the Israeli special forces, told CNN.

Persons: Donald Trump, Colin Kaepernick, Bud Light’s, ”, Jeffrey Sonnenfeld, “, Satya Nadella, ” Sundar Pichai, Sonnenfeld, , Paddy Cosgrove, Israel, Sundar Pichai, Israel Jose Luis Magana, Susan, ” Susan, ” Richard Griffiths, Citigate Dewe Rogerson, ” Griffiths Organizations: London CNN, Blackrock, America, Nike, Yale School of Management, Microsoft, Google, ” Disney, Tottenham Hotspur Football Club, Web, Eclipse, CNN, “, London Locations: Israel, America, United States, United Kingdom, Gaza, Ukraine, ”, Russia

☆ House speaker vote live updates: Rep. Jim Jordan won't hold third vote today
▼ + stars: | 2023-10-19 | by ( Andrew Menezes | Matt Meyer | ) edition.cnn.com time to read: +2 min

We need to work on fiscal matters of the (Continuing Resolution) expiring 17 November. So I think for our country we need it, but I think it may delay the speaker’s thing. I believe it is a constitutional desecration to not elect a Speaker of the House. We need to stay here until we elect a speaker,” said Rep. Matt Gaetz. We have a job which is to elect a speaker, not a speaker pro tempore.

Persons: Patrick McHenry, Don Bacon, Jim Jordan, ” “, we’ve, We’ve, ”, Marc Molinaro, Jordan, “, Jim, —, Molinaro, Bud Light, Matt Gaetz, can’t, Andy Ogles, McCarthy’s, Ralph Norman, “ I’m Organizations: Republicans, Republican, ” Locations: Israel, McHenry

☆ Molson Coors Steps Up Stock Buybacks as Bud Light Boycott Aids Business
▼ + stars: | 2023-10-10 | by ( Mark Maurer | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: molson, coors

☆ Mexican liquors and beers are on the rise in the U.S. — here’s what’s driving the torrid growth
▼ + stars: | 2023-10-08 | by ( Stefan Sykes | ) www.cnbc.com time to read: +7 min

"Tequila has been such a national treasure here in Mexico," said Guilherme Espagnoli Martins, global brand director of Diageo-owned Don Julio Tequila. The Mexican beer boomIt's not just tequila and mezcal — Mexican beer is booming, too. Mexican beer imports into the U.S. are up 10.6% in 2023, according to alcohol research firm Bump Williams Consulting. watch nowA spokesperson for Constellation told CNBC that Mexican beer sales grew as Hispanic culture gained a stronger foothold around the world. Constellation on Thursday reported quarterly results that topped Wall Street estimates, driven by the surge in demand for its Mexican beer brands.

Persons: Mario Tama, Lea, Tequila, Guilherme Espagnoli Martins, Don Julio Tequila, Don Julio, George Clooney, Martins, Don, Don Julio Tequila Blanco, Bump, Bud Light, Cowen, Vivien Azer, InBev's Bud, Constellation's, Azer, Jonnie Cahill, Tecate, Cahill, Heineken's, It's, Dos Equis, Eduardo, Lalo, González, LALO Blanco Tequila, Don Julio González Organizations: Modelo Especial, Getty, U.S, Experts, Diageo, CNBC, Bump Williams Consulting, Mexico's Modelo Especial, Constellation, Modelo, Constellation Brands, Anheuser, Busch InBev, InBev's, Heineken USA, Cinco de Mayo, Dos, Corona Locations: Los Angeles , California, U.S, Mexico, The U.S, United States, British, Mexican, Modelo, Dos

☆ Modelo Continues to Win Over Bud Light Drinkers
▼ + stars: | 2023-10-05 | by ( Jennifer Maloney | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/modelo-continues-to-win-over-bud-light-drinkers-11b0d4e

Persons: Dow Jones

☆ Donald Trump serving as House speaker would be chaos for the legislature and misery for the embattled former president
▼ + stars: | 2023-10-05 | by ( Madison Hall | ) www.businessinsider.com time to read: +7 min

Even if he gets immense GOP congressional support to become speaker, Trump also appears like the very last person who'd even want the position. US President Donald Trump speaks in the Brady Briefing Room at the White House in Washington, DC on November 5, 2020. AdvertisementAdvertisementAs president, Trump was free to hire and fire staffers, counsel, and his cabinet at any point he wanted. As a speaker but not a member of Congress, Trump would have literally no ability to vote on any pieces of legislation. Let's imagine, for a minute, that Trump's both interested in the position and can somehow manage to convince GOP members to take McCarthy's spot.

Persons: Kevin McCarthy, —, they've, Sen, John Fetterman, Marjorie Taylor Greene, Greg Steube, Troy Nehls, Donald Trump, Greene, she's, Bud, there's, Trump, BRENDAN SMIALOWSKI, he'd, David McNew, Sean Casten, he's, Newt Gingrich, it's Organizations: Trump, Service, Republican, GOP, Republican Party, White, Getty, California GOP, Democratic, Republican Conference, Congress Locations: New York, Brady, Washington , DC, AFP, California, Los Angeles , California

☆ Corona beer maker Constellation Brands bets on higher pricing to lift profit view
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

Bottles of the beer, Corona, a brand of Constellation Brands Inc., sit on a supermarket shelf in Los Angeles, California April 1, 2015. REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsOct 5 (Reuters) - Constellation Brands (STZ.N) raised its annual profit target on Thursday after higher prices and strong demand for its beers and spirits drove a sales and profit beat in the second quarter. Alcohol producers such as Constellation and peer Brown-Forman (BFb.N) have benefited from increasing prices, helping offset steeper raw material costs. Constellation also raised the annual sales forecast for its beer business. Constellation now expects fiscal 2024 comparable earnings per share between $12.00 and $12.20, as against its previous forecast of profit between $11.70 and $12.00 per share.

Persons: Lucy Nicholson, Brown, Forman, Kim Crawford, Busch, Bud Light, Bump Williams, Garrett Nelson, Juveria Tabassum, Pooja Desai Organizations: Constellation Brands Inc, REUTERS, Constellation Brands, Constellation, Modelo Especial, Corona, Modelo, Anheuser, LSEG, Thomson Locations: Corona, Los Angeles , California, U.S, Rochester , New York

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer. Included in the deal are well known labels like Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy. The New York City company also owns SweetWater Brewing Company, Montauk Brewing Company, Alpine Beer Company, and Green Flash Brewing Company. Tilray said that the transaction, which was announced in August, will triple its beer sales volume from four million cases to 12 million. A deluge of criticism and hate erupted soon after Mulvaney cracked open a Bud Light in an Instagram video.

Persons: Tilray, Tilray Brands, Irwin Simon, Busch, Bud Light, influencer Dylan Mulvaney, Mulvaney, Bud Light’s, Bump Williams Organizations: Anheuser, Busch, Breckenridge Brewery, Point Brewing Company, Brewing Company, Redhook, Widmer Brothers Brewing, Cider Company, HiBall Energy, Tilray, New, SweetWater Brewing Company, Montauk Brewing Company, Alpine Beer Company, Green Flash Brewing Company, Modelo, Nielsen, Bump Williams Consulting Locations: New York City

☆ US military is to start randomly testing Navy SEALs and special forces for performance-enhancing steroids
▼ + stars: | 2023-09-30 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

The Navy will begin testing its special operations forces for doping from November this year. It's the first time any military special operations unit has initiated force-wide regular testing. AdvertisementAdvertisementThe US Navy will begin randomly testing its special operations forces for steroids annd performance-enhancing drugs from November this year, the Naval Special Warfare Command said Friday. It is the first time any military special operations unit has initiated force-wide regular drug testing, according to The New York Times. The US Army and Navy's famed special operations forces include the Navy SEALs and Army's Delta Force, Green Berets, and Ranger Regiment.

Persons: —, Seaman Kyle Mullen, Navy's, Keith Davids, Davids Organizations: Navy, Service, US Navy, Warfare Command, The New York Times, New York Times, NSW, Army Special, Command, AP, US Army, Army's Delta Force, Green Berets, Ranger Regiment, Department of Defense, Special Warfare Command, Associated Press Locations: NSW

☆ Here are Friday's biggest analyst calls of the day: Tesla, Ford, Apple, Amazon, Disney, Nike, FedEx and more
▼ + stars: | 2023-09-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America reiterates Disney as buy Bank of America said it's standing by its buy rating on the stock. Morgan Stanley reiterates Ford as overweight Morgan Stanley said it's standing by its overweight rating on shares of Ford despite the United Auto Workers strike. Canaccord reiterates Tesla as buy Canaccord said its standing by its buy rating on Tesla ahead of its upcoming delivery numbers report. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on shares of Apple. Morgan Stanley reiterates Amazon as overweight Morgan Stanley said Amazon continues to be the "dominant" player in e-commerce.

Persons: Jefferies, Edward Jones downgrades Berkshire Hathaway, Edward Jones, Morgan Stanley, Ford, it's, Canaccord, Tesla, we've, Goldman Sachs, Raymond James, Bud Light, Apple, Amazon, Brinker, Stifel, Huntington Organizations: Jefferies, Ball Corporation, Bank of America, Disney, DIS, CYE23, Texas, 3Q23, Brands, Burger King, Ford, United Auto Workers, HSBC, FedEx, UPS, DHL, Nike, Immunology, " Bank of America, Anheuser, Busch InBev, of America, Apple, Citi Locations: Texas, QSR, North America, Asia, ZION

☆ Bank of America upgrades AB InBev, sees margins expanding as brewer leaves Bud Light backlash behind
▼ + stars: | 2023-09-29 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Anheuser-Busch InBev is approaching a margins inflection point, supporting a stock rerating for the world's largest beer maker, according to Bank of America. The analyst added that the permanent profit hit, estimated to exceed $1 billion, from the Bud Light backlash in the U.S. this year is now part of the base case. Without the Bud Light issue, Pistacchi estimates Anheuser-Busch could have expanded its margins by more than 30 basis points above its current forecasts. U.S.-listed shares of AB InBev are down more than 10% this year as Bud Light sales took a hit. BUD YTD mountain BUD in 2023 —CNBC's Michael Bloom contributed to this report.

Persons: Andrea Pistacchi, Pistacchi, Bud, BUD YTD, BUD, —, Michael Bloom Organizations: Anheuser, Busch InBev, Bank of America, ABI, Argentine, Bud, Busch, InBev, Bud Light Locations: U.S, LatAm, . U.S

☆ The next United Nations Secretary General? This Caribbean climate leader makes diplomats 'jump' with excitement
▼ + stars: | 2023-09-29 | by ( Stephanie Fillion | ) edition.cnn.com time to read: +8 min

United Nations CNN —Asked last week if she will run to become the United Nations’ next Secretary General, Prime Minister Mia Mottley of Barbados gave a thumbs up, smiled, and walked away. Fighting for a woman at the helmThe UN’s next Secretary General would take office in January 2027. “There’s always lots of men that want to run,” said Ben Donaldson, head of campaigns at the United Nations Association of the United Kingdom. “It’s not so much about talking about a Julie or Anne, or Mary, it is more about talking about a Madame Secretary General as a general proposition, and then making sure that we pave the way to get there,” she said. “I believe that men should run next time around as I believe women should run in their numbers,” he said.

Persons: United Nations CNN —, Mia Mottley, Mottley, Juan Manuel Santos –, –, Santos, Rafael Grossi, António Guterres, Alicia Bárcena, Rebeca, Maria Fernanda Espinosa Garcés, “, Ralph Gonsalves, Saint Vincent, ”, Guterres, Obama, Richard Gowan, ” Elina Valtonen, ” Valtonen, it’s, Ben Donaldson, “ I’m, Susana Malcorra, It’s, Julie, Anne, Mary, Dennis Francis, doesn’t, ” Julia Maciel Organizations: United Nations CNN, United Nations ’, UN, United Nations, International Atomic Energy Agency, Assembly, CNN, International Monetary Fund, General, Chevron, European Union, Bridgetown Initiative, IMF, World Bank, Crisis, UN Security Council, Security Council, Security, United Nations Association of, Global, Madame Locations: Barbados, America, Caribbean, New York, Colombian, Costa Rica, Ecuador, Grenadines, Venezuela, Bridgetown, COP28, New York City, UN, Portuguese, United Kingdom, Trinidad and Tobago, Ukraine, Paraguay

☆ Right-wing media fumes over Univision anchor’s debate questions
▼ + stars: | 2023-09-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Republicans are enraged that their safe space was punctured at the second GOP debate by a Univision anchor. After welcoming viewers in Spanish (the debate was simulcast on Univision), Calderón queried the Republicans through the night on weighty issues related to immigration, hate crimes, health care, and more. But unlike what is typical on Fox News, Calderón declined to frame her questions in a manner favorable for the Republican candidates. “The Univision anchor’s questions seem to come from the comments section of Salon and Vox,” talk radio host Buck Sexton said. “I think the Univision lady thinks she’s at a Democratic Debate,” Fox News commenter Tomi Lahren added.

Persons: Ilia Calderón, Calderón, “, ’ ”, Ron DeSantis, Mike Pence, I’ve, Bud Light, Dylan Mulvaney, Greg Gutfeld, ” Gutfeld, Buck Sexton, commenter Tomi Lahren, ”, Matt Schlapp, Donald Trump, bode Organizations: CNN, Univision, Fox News, Republican, Los Angeles Times, Gov, Department of Homeland Security, “ Fox, DNC, Fox, RNC, Republican Party

☆ Pegatron India fire traced to workers' failure to turn off switch -sources
▼ + stars: | 2023-09-27 | by ( Praveen Paramasivam | ) www.reuters.com time to read: +4 min

People are seen outside the main gate of the Pegatron facility following a fire incident at the facility near Chennai, India, September 26, 2023. A senior Tamil Nadu government source, and another industry source briefed on the matter, detailed how Sunday's events unfolded. One smartphone industry source with direct knowledge said the charging racks at the Pegatron plant are typically switched off after three Saturday shifts end early on Sundays. The fire damaged some machines, said the government source and another source with direct knowledge, who spoke on condition of anonymity. About 8,000 people work on the assembly line at the Pegatron facility, which sprawls across 39,000 sq.

Persons: Praveen, Pegatron, Praveen Paramasivam, Munsif, Faith Hung, Ben Blanchard, Aditya Kalra, Clarence Fernandez Organizations: REUTERS, Sunday, Reuters, Apple, Tamil, Firemen, Thomson Locations: Chennai, India, Tamil Nadu, Taiwan, Chengalpattu, Bengaluru, Taipei

☆ Companies turn to crisis PR firms when money, reputation is at risk
▼ + stars: | 2023-09-24 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +12 min

“A scandal breaking on a Tuesday is very different than one breaking on a Friday, because on Tuesday you’re going to have the rest of the week for stories to drop and snowball. You need to stick with the stance you’re taking, and it might mean you’re going to lose a subset of your audience. Dylan Mulvaney/InstagramThe most prominent case study experts pointed to was the Bud Light public relations fiasco in April, when America’s erstwhile No. “Oftentimes, now, the bigger risk is the social media spread.”“Prior to social media, people felt less empowered to share their opinions,” said Jennings. Often for crisis communication, you’re not trying to counter the reality, you’re trying to counter the perception.”However, as much as social media stokes the flames of PR crisis, the platforms can be effective mitigation tools.

Persons: “, ”, Ben Kaplan, ’ ”, Lauren Jennings, Alison Brod, Jennings, Rather, Evan Nierman, Deborah Hileman, Kaplan, we’re, We’re, Nierman, Dylan Mulvaney, Bud Light, Bud, influencer Dylan Mulvaney, Mulvaney, Bud Light’s, Brendan Whitworth, ” …, you’re, Johnson, ” “, stokes, that’s Organizations: CNN, Top Agency, Alison Brod Marketing, Communications, Institute for Crisis Management, InBev, Anheuser, Busch, Facebook, YouTube Locations: “

☆ The way I'm thinking about stocks makes them winners no matter what the Fed or bonds do
▼ + stars: | 2023-09-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

After the September meeting pause last week, the target range for the fed funds rate remained at 5.25% to 5.50%. First, I don't know a soul besides me who agrees with that 20-year versus fed funds rate yield prognosis. They think the fed funds rate will come down or the 20-year yield is already extended. Second, I don't know anyone else who believes the economy is so strong that the Fed is correct to keep on an anti-inflation course. I don't think so.

Persons: We've, Jerome Powell, Powell, It's, —, that's, — let's, it's, Bob Iger, Charlie Scharf, there's, Einstein, Salesforce, Elliott, Bill Newlands, Constellation, William Giles, Giles, Bud, Tom Jorden, Coterra, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Federal Reserve, Fed, Treasury, Apple, Club, Disney, Hulu, CNBC, Comcast, DIS, ABC, ESPN, Nexstar Media, YouTube, Apple's, Wells, Constellation Brands, Constellation, Elliott Management, Autozone, San, Coterra Energy, & Gas, Ford, Traders, New York Stock Exchange, AFP, Getty Locations: U.S, New Jersey, Gary's, Madison —, Wells Fargo, Wells, What's, slowdowns, Texas, San Miguel, Brooklyn , New York, AMZN, CTRA

☆ Marcus Stroman rejoins Cubs' rotation to face Rockies
▼ + stars: | 2023-09-23 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

Marcus Stroman will make his first start in nearly two months on Saturday when the Cubs try for a second consecutive victory over the Colorado Rockies, who have lost their past eight road games. In a surprising twist, Chicago manager David Ross ended his press conference following the Cubs' 6-0 victory over the Rockies on Friday by proclaiming Stroman (10-8, 3.76 ERA) as his Saturday starter. Stroman went 9-4 with a 2.28 ERA through his first 16 starts, but he went 1-4 with a 9.00 ERA in his next seven starts before landing on the IL. In his past 34 games, Suzuki is batting .359 (46-for-128) with nine homers, 29 RBIs and a 1.112 OPS. Suzuki went 2-for-2 against Chris Flexen, Colorado's scheduled Saturday starter, during the Cubs' 6-4 loss to the Rockies on Sept. 12.

Persons: Marcus Stroman, David Ross, Stroman, hasn't, Jameson Taillon, Ross, Seiya Suzuki, Suzuki, Hideki Matsui, Shohei Ohtani, Chris Flexen, Colorado's, Dansby Swanson, Kris Bryant, Bryant, Bud Black, Elias Diaz Organizations: Chicago Cubs, Cubs, Colorado Rockies, Rockies, Cincinnati Reds, Colorado ., Miami Marlins, National League, Marquee Sports Network, Chicago, Flexen, Stroman, Wrigley, Thomson Locations: Chicago, Arizona, Pittsburgh, Colorado . Chicago, Colorado

☆ How Modelo’s Marketing Beat Bud Light (It Wasn’t Just the Boycott)
▼ + stars: | 2023-09-21 | by ( Katie Deighton | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-disciplined-marketing-strategy-that-helped-modelo-beat-bud-light-b662d938

Persons: Dow Jones Organizations: modelo

☆ Bud Light Brewer Reminds Us It’s a Big World
▼ + stars: | 2023-09-21 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/bud-light-brewer-makes-a-run-for-the-border-57c1f78d

Persons: Dow Jones

☆ Bud Light Brewer Makes a Run for the Border
▼ + stars: | 2023-09-20 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/bud-light-brewer-makes-a-run-for-the-border-57c1f78d

Persons: Dow Jones

☆ The Disciplined Marketing Strategy That Helped Modelo Beat Bud Light
▼ + stars: | 2023-09-20 | by ( Katie Deighton | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-disciplined-marketing-strategy-that-helped-modelo-beat-bud-light-b662d938

Persons: Dow Jones Organizations: modelo

☆ Budweiser won’t cut off the tails of its famous Clydesdale horses
▼ + stars: | 2023-09-20 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —PETA said it’s “cracking open some cold ones” after Anheuser-Busch said it’s ending the practice of cutting the tails of Budweiser’s iconic Clydesdale horses. Budweiser has featured the horses, with their ubiquitous white feathered legs, in its ad campaigns for decades, from the holidays to the Super Bowl. But the practice of “docking,” which is when the tail’s hair is cut short and which can result in parts of the tailbone being shaved off, has long been under fire from animal rights groups. The American Veterinary Medical Association said the practice has become “cosmetically fashionable” in some breeds for competitions or shows. At least ten states have banned the docking of horses’ tails, the AVMA said.

Persons: Busch, it’s, ”, “, influencer Dylan Mulvaney’s Organizations: New, New York CNN, PETA, Anheuser, Clydesdale, Budweiser, Super, Veterinary Medical Association Locations: New York

☆ The risks to alcohol and food stocks from Ozempic-like weight loss drugs
▼ + stars: | 2023-09-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands (STZ). The risk already seems to be playing out in food stocks with exposure to snacks and junk food. We don't think Constellation Brands stock will suffer the same fate as shares of leading snack food companies like J.M. Key points The increasing popularity of new diabetes/weight loss drugs could curtail consumer appetite for junk food and alcohol. Constellation Brands (STZ), the Club name behind the Mexican beers Corona and Modelo, should be able to weather any such headwind.

Persons: Eli Lilly, it's, Mills, Lilly, Jim Cramer, Mounjaro, Morgan, Morgan Stanley, AOMs, Jefferies, Jim Cramer's, Jim, Gabby Jones Organizations: Constellation Brands, Corona, Modelo, Pacifico, Nordisk, Ozempic, Club, Novo Nordisk, Brands, Conagra Brands, Constellation, Bud Light, Jefferies, JPMorgan, CNBC, Bloomberg, Getty Locations: U.S, Oro, Brooklyn Borough, New York

☆ Rockies ride momentum into twin bill against Giants
▼ + stars: | 2023-09-16 | by ( Field Level Media | ) www.reuters.com time to read: +4 min

September 16 - After emerging with a dramatic victory despite nearly taking a historic loss, the Colorado Rockies will attempt to extend their three-game winning streak when they play the San Francisco Giants in a doubleheader on Saturday in Denver. Colorado got a run in the eighth before San Francisco broke up the no-hit bid in the ninth and took a 2-1 lead. San Francisco has won 16 of its past 18 games against Colorado dating back to last season. Lambert and Winn were the starting pitchers when San Francisco completed a three-game sweep of Colorado with a 6-3 victory on Sunday. He took a tough-luck loss at San Francisco on July 9 after giving up one run in 6 1/3 innings as the Rockies fell 1-0.

Persons: Chase Anderson, Justin Lawrence, Nick Mears, Elehuris, Mike Yastrzemski, San Francisco, Lawrence, Bud Black, Keaton Winn, Colorado, Peter Lambert, Lambert, Winn, Black, Kyle Freeland, Freeland, Francisco hadn't, Ross Stripling, Gabe Kapler, Ross Organizations: Colorado Rockies, San Francisco Giants, Giants, Rockies, Colorado, San, The Rockies, National League West, Arizona Diamondbacks, Cincinnati Reds, National League, Miami Marlins, Saturday's, Colorado hadn't, Sunday, Chicago Cubs, Thomson Locations: Denver, Colorado, San Francisco, Francisco

☆ Buy Bud Light owner AB InBev stock as U.S. headwinds deteriorate next year, TD Cowen says
▼ + stars: | 2023-09-15 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

TD Cowen says Bud Light owner Anheuser-Busch InBev is a long-term growth story with strong margins and exceptional market share. The firm initiated coverage of the beverage stock with an outperform rating and a 63 euro per share price target on Thursday. Shares of the Bud Light owner stock have slipped nearly 5% from the start of the year. Analyst Vivien Azer says that while challenges in the U.S. have been well covered , the company is still the dominant global leader in beer with exceptional profit margins. "We believe ABI is capable of sustainable long-term MSD dividend growth and continued deleverage, driven by industry leading beer profit margins and strong free cash flow conversion," Azer said.

Persons: TD Cowen, Bud, BUD YTD, Vivien Azer, Azer, — CNBC's Michael Bloom Organizations: Bud Light, Anheuser, Busch InBev Locations: U.S

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