$55.50
1.02% today
NYSE, Sep 16, 08:15 pm CET
ISIN
US60871R2094
Symbol
TAP
Industry

Molson Coors Brewing Company (MCBC) Stock News

Positive
Seeking Alpha
4 days ago
Molson Coors is cutting costs, modernizing factories, buying back shares, paying down debt, and promising increased earnings over the long term. Despite attractive dividends and growth potential, Molson Coors struggles with sustained top-line growth, which remains a significant concern for investors. Molson Coors has diversified into spirits and non-alcoholic drinks, acquiring premium brands li...
Negative
CNBC
12 days ago
Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decision comes after a wave of retailers over the summer took a step back in their DEI efforts.
Negative
Market Watch
13 days ago
Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.
Neutral
Investopedia
13 days ago
On a day when tech shares were leading markets lower, investors decided it was time for a beer.
Positive
Seeking Alpha
21 days ago
Molson Coors' premiumization strategy in the EMEA and APAC regions drives net sales growth despite volume declines, supported by favorable pricing and sales mix. The company's reduction in net debt and consistent free cash flow growth indicate significant undervaluation, suggesting potential for stock price appreciation. TAP's stock repurchase program and strategic acquisitions, like Blue Run, ...
Positive
Market Watch
about one month ago
Tilray Inc.'s stock rose Tuesday after the Canadian cannabis company said it is paying an undisclosed sum for four craft-beer brewers from Molson Coors Beverage Co. to add to its presence in the U.S. alcoholic-beverage market.
Positive
Reuters
about one month ago
Tilray Brands would buy four craft breweries from beer maker Molson Coors in a bid to expand business beyond its range of cannabis products, the company said on Tuesday.
Neutral
Invezz
about one month ago
Molson Coors Beverage Company (NYSE: TAP) is in the spotlight today following a downgrade by TD Cowen. Despite Molson Coors posting better-than-expected Q2 earnings and reaffirming its 2024 outlook yesterday, TD Cowen adjusted its rating on the company, moving from a Buy to a Hold, and lowering the price target from $68 to $58.
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