Carlsberg upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital upgraded Carlsberg (CABGY) to Outperform from Sector Perform with a price target of DKK 1,020, up from DKK 890. The firm cites a ...
We're Upgrading Carlsberg's Moat Rating to Narrow From None
Carlsberg’s free cash flow generation is sound, with its free cash flow margin averaging 10% over the last three years and a decent interest coverage ratio of 8 times. This is on par with Heineken ...
Guinness price warning as cost of a pint to go up 10% in UK pubs ahead of St Patrick’s Day
WITH St. Patrick’s Day just around the corner, Guinness lovers are being warned that prices could soar 10% in the coming ...
IFA Magazine2h
UK economy shrinks in January giving Chancellor a headache | Reaction from the industry to GDP fall
Rob Morgan, Chief Investment Analyst at Charles Stanley said: "Today’s UK GDP numbers reaffirm the lacklustre state of the ...
Upgrading Heineken’s Moat Rating to Wide From Narrow With Greater Long-Term Confidence
Heineken has strong positions across Asia-Pacific markets and is expanding its Latin American reach. These markets are subject to greater volatility, and Heineken’s premium-skewed portfolio is more ...
Layoffs: Budweiser APCAC to cut ‘thousands of jobs’ to slash costs by 15% amid weak demand in China, says report
Layoffs: Budweiser Brewing Co APAC plans to cut thousands of jobs in response to weak consumer demand in China, aiming for a ...
Bloomberg on MSN22h
Budweiser APAC to cut thousands of jobs to reduce costs
Budweiser Brewing Co APAC Ltd. is planning to cut thousands of jobs this year as it looks to shrink costs, people familiar ...
Budweiser APAC to lay off thousands amid weak Chinese demand
On top of this, China’s official Xinhua News Agency, had also reported that Budweiser APAC repeatedly breached the country’s ...