Hot Beverage Companies For 2015: Molson Coors Brewing Company(TAP)
Molson Coors Brewing Company brews, markets, sells, and distributes beer brands. It sells its products in Canada, under the Coors Light, Molson, Rickard's Red, Carling, Pilsner, Keystone Light, Creemore Springs, and Granville Island brands. The company also brews or distributes products under license from third parties, which include Heineken, Amstel Light, Murphy's, Asahi, Asahi Select, Miller Lite, Miller Genuine Draft, Miller Chill, Milwaukee's Best, Milwaukee's Best Dry, and Foster's. In addition, it imports, distributes, and markets the Corona, Coronita, Negra Modelo, and Pacifico brands, through a joint venture agreement with Grupo Modelo. Further, the company sells various brands in the United States, which include Coors Light, Miller Lite, Coors Banquet, Miller Genuine Draft, MGD 64, Miller Chill, Sparks, Miller High Life, Miller High Life Light, Keystone Light, Icehouse, Mickey's, Milwaukee's Best, Milwaukee's Best Light, Old English 800, Blue Moon, Henry Weinhard 's, George Killian's Irish Red, Leinenkugel's, Peroni Nastro Azzurro, Pilsner Urquell, Grolsch, Coors Non-Alcoholic, and Sharp's. Additionally, it sells various brands in the United Kingdom comprising Carling, C2, Coors Light, Worthington's, White Shield, Caffrey's, Kasteel Cru, and Blue Moon, as well as various regional ale brands. The company also sells the Grolsch brands through a joint venture with Royal Grolsch N.V. and the Cobra brands through a joint venture called Cobra Beer Partnership Ltd.; and distributes brands sold under license, including Corona, Coronita, Negra Modelo, Pacfico, Singha, and Magners Draught Cider. In addition, it markets and sells Zima, Si'hai, Coors Gold, and Coors Extra brands to various international markets. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company as a result of its merger wit! h Molson Inc. in February 2005. Molson Coors Brewing Company was founded in 1873 and is headquarter e d in Denver, Colorado.
Advisors' Opinion:- [By Dimitra DeFotis]
Constellation’s good day has not translated into gains for other brewers, however. Anheuser-Busch InBev (BUD) has dipped 0.2% to $114.51, while Molson Coors Brewing (TAP) is off 0.9% at $73.50.
- [By RichardCox]
ImmunoGen's central focus is on targeted antibody payload technology (TAP), which is a chemotherapy treatment for reduced capacity cancer cells. Earlier this year, the HER2-positive breast cancer drug Kadcyla received approval from the FDA. Most encouraging about the progress is the fact that this creates additional possibilities for the combination therapies using the TAP technology. ImmunoGen has reached for late-stage trials for one of its compounds, mid-stage trials for eight of its compounds, and has nine compounds in early-stage trials. This essentially means that ImmunoGen has 18 separate opportunities to use its TAP technology with compounds developed by its pharmaceutical and biotech partnerships. This product diversification presents some interesting (and risk-protected) opportunities for long-term investors.
- [By shash63]
The brewing industry is a big industry in the U.S., and with the booming craft beer industry, companies like and Boston Beer (SAM), Molson Coors Brewing (TAP) and Constellation Brands (STZ) are bright growth opportunities for investors. As reported by The Brewers Association report in mid 2013, craft beer is moving ahead with 15% growth in dollar sales and 13% growth in volumes. But as the craft beer industry has lot of room to grow, brands like Boston Beer and Constellation can see improved market share in the future.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-beverage-companies-for-2015.html
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