Lock the Dirty Scum Conman Traitor Rapist Drump up !
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$XCRT > GTSM holding price & Accumulating at same time imho
Morgan Stanley assumed coverage of AB-InBev (ABI.BT) with an overweight rating, a step up from its prior equal-weight rating. The firm bumped its price target on the stock higher, to $68.50 from $64. Shares of AB-InBev were up 0.4% on Thursday.
The analysts also said that AB-InBev's second-quarter results, set for Aug. 2, could be a clarifying moment for investors.
"While investors are currently sitting on the sidelines, waiting for the company to fully quantify the impact of the Bud Light situation, we see upcoming H1 results as likely timing for such clarification," the analysts said in a research note.
"We think ABI shares now price in the U.S. Bud Light challenges, which have stabilised, but not the gross margin recovery and de-leveraging upside into next year," they added later.
The conservative neo -led boycott against Bud Light began in April, after the brand briefly partnered with Dylan Mulvaney, a trans influencer. That anti-trans anger has translated into weeks of sharp declines, generally above 20%, for Bud Light sales. Mulvaney said Bud Light never reached out to her, despite what she said was "more bullying and transphobia than I could have ever imagined" as a result of the partnership and calls for a boycott.
The fall-off has spread to some of other AB-InBev's other beer brands, and benefited its rivals. Modelo Especial has recently dethroned Bud Light as the best-selling beer in the U.S. Constellation Brands Inc. (STZ) sells Modelo beer in the U.S., after a deal a decade ago to acquire Grupo Modelo's U.S. beer business from AB-InBev.
Still, the Morgan Stanley analysts emphasized Anheuser-Busch's worldwide reach, and said that even a 13.5% drop in U.S. yearly sales -- broadly, where things stand in the U.S. now -- would only mean a 4% drop for the company's sales overall. And they said double-digit growth expected elsewhere, in regions like South America and the Asia-Pacific, would drive organic sales growth of 6% for the company overall in its fiscal 2023. They also said a "wind-back" on commodity costs and sales incentives to U.S. beer sellers would help margins up ahead.
Still, they didn't expect much of a break for sales trends in the U.S. They said they expected the 13.5% drop in U.S. sales to ease to a 12% drop in AB-InBev's fiscal 2024.
Overall, however, the analysts were upbeat on beer sales and profits for next year. Falling ingredient costs would help brewers overall. A pandemic-era jump in U.S. demand for spirits -- or hard liquor like gin, Scotch and vodka -- had now "normalized," they said.
-Bill Peters
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
$XCRT Beautiful chart Golden Cross !
$XCRT will be on the Move sooner than later imho
$XCRT Chopping ,Churning & Grinding Shouldn't be long now !
$DIS > Walt Disney Co. Stock Outperforms Competitors On Strong Trading Day
4:38 pm ET July 19, 2023 (MarketWatch)
Print
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Walt Disney Co. (DIS) rallied 1.27% to $87.04 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.24% to 4,565.72 and the Dow Jones Industrial Average rising 0.31% to 35,061.21.
This was the stock's second consecutive day of gains.
Walt Disney Co. closed $39.44 below its 52-week high ($126.48), which the company achieved on August 16th.
BUD Morgan Stanley Raises price target to $68.50 2023-07-20 09:53:00 GMT DJ Anheuser-Busch InBev Price Target Raised to $68.50/Share From $64.00 by Morgan Stanley
QAnon Wankers will be running to the Hills
BUD steal at this price in the long run
Budweiser Global Celebrates 2023 FIFA Women's World Cup(TM) with the Return of #BringHomeTheBud
7:00 am ET June 30, 2023 (BusinessWire) Print
Budweiser, an Anheuser-Busch InBev (AB InBev) (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD) global brand and the Official Beer of the FIFA World Cup(TM), commends women in football with "The World is Yours to Take" film in celebration of the upcoming 2023 FIFA Women's World Cup(TM).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230630907006/en/
This summer, Budweiser will rally fans across the world to cheer on their favorite women's football teams as they seize the opportunity for greatness and give their all for the title of World Cup champions. To be released on July 10th, just days before kickoff, "The World is Yours to Take" film features footballer Lionel Messi hyping up players and fans alike for the tournament and asking the question who will #BringHomeTheBud for their nation this year. The program is an extension of Budweiser's long-term commitment to football and aims to shine a light on the talented women taking the pitch in July for the 2023 FIFA Women's World Cup(TM)
Walt Disney Co. Stock Outperforms Competitors On Strong Trading Day
4:38 pm ET July 19, 2023 (MarketWatch)
Print
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Walt Disney Co. (DIS) rallied 1.27% to $87.04 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.24% to 4,565.72 and the Dow Jones Industrial Average rising 0.31% to 35,061.21.
This was the stock's second consecutive day of gains.
Walt Disney Co. closed $39.44 below its 52-week high ($126.48), which the company achieved on August 16th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. (AAPL) rose 0.71% to $195.10, Netflix Inc. (NFLX) rose 0.59% to $477.59, and Comcast Corp. Cl A (CMCSA) rose 0.64% to $42.71.
Trading volume (16.8 M) eclipsed its 50-day average volume of 15.1 M.
BUD $58.35 Day's Change 0.85 (1.48%)
Bid
58.34
Ask
58.35
B/A Size
400x1000
Day's High
58.36
Day's Low
58.12
Volume(Heavy Day)
529,373
Bud is not the beer of Redneck Conservative Inbreeding Wankers !
DIS $87.79 Day's Change $$$1.84 (2.14%)
Bid
87.77
Ask
87.80
B/A Size
600x300
Day's High
87.89
Day's Low
86.19
Volume(Heavy Day)
4,912,869
July 19, 2023 10:17am ET
“We know what’s in your head, Donald. Now that Chris Christie has qualified, should you show up to the debate?...
— Republicans against Trump (@RpsAgainstTrump) July 18, 2023
if you don’t go, you’ll be called a coward, a chicken...So, Donald, you need to decide: Are you a chicken or just a loser?” pic.twitter.com/mkvT31pTBh
DIS $86.82
Day's Change
1.26 (1.47%
LAST PRICE / TODAY'S CHANGE
$0.175 -$0.014 (-7.894%)
VOLUME
45,971,512
BID / OFFER RANGE
$0.175 - $0.180
$SYAXF looking like another buying opportunity coming today imho
$XCRT
$XCRT$ looking forward to Nice week for XCRT
SYAXF Be worth watching the business weekend show they mention:
https://www.skynews.com.au/.../58cd70070ee408581dfd7de7d6;...
DIS >Yes a few here that are Dumber than a box of rocks!
DIS Shares of media stocks are trading lower amid the SAG-AFTRA union strike.
10:43 am ET July 14, 2023 (Benzinga) Print
Send To MSN:
0
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
DIS not a 5 yr low ,can you Not read a chart? Not even a one yr low? Stop posting False BS
$XCRT looking ready to Bust a Big One !
Anheuser-Busch InBev S.A. ADR Rises Thursday, Outperforms Market
""""This was the ADR's fifth consecutive day of gains.""""
4:33 pm ET July 13, 2023 (MarketWatch)
Print
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Anheuser-Busch InBev S.A. ADR (ABI.BT) rallied 1.61% to $58.15 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.85% to 4,510.04 and the Dow Jones Industrial Average rising 0.14% to 34,395.14.
*********This was the ADR's fifth consecutive day of gains.**********
Anheuser-Busch InBev S.A. ADR closed $8.94 short of its 52-week high ($67.09), which the company achieved on March 31st.
$SYAXF Up a little over nite again in the land downunder !
$SYAXF Bid 228,000 @.1251 Ask getting very thin 0.129
5000
MCAP
0.1298
7800
OLMN
0.13
20100
INTL
0.133
6000
CSTI
0.14
5000
MAXM
$DIS > Disney Stock Climbs After Bob Iger Extends Stay as CEO. Succession Remains a Big Question. -- Barrons.com
8:13 am ET July 13, 2023 (Dow Jones) Print
By Callum Keown
Bob Iger's sequel as Disney CEO will be extended until at least 2026. Investors seem happy with the longer run time.
While continuity of leadership makes sense in the near term, it only puts off the answer to Disney's long-term succession question.
Disney stock (ticker: DIS) climbed 1.5% in early premarket trading Thursday after the media and entertainment giant announced Iger will stay for at least two more years than the length of his initial contract.
Iger, who led the company between 2005 and 2020, made a surprise return to the Magic Kingdom in November last year, replacing his handpicked successor Bob Chapek amid mounting losses in its streaming business and a prolonged slump in Disney's share price.
Disney announced a restructuring this year, including plans to reduce costs by $5.5 billion and cut 7,000 jobs. Chairman Mark Parker said Iger has "once again set Disney on the right strategic path for ongoing value creation," in a statement late Wednesday.
$XCRT .10 break here coming nice buying coming in big catalysts/news soon
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$XCRT Stay tuned for updates on our upcoming acquisitions. #acquisition #comingsoon
12:25 PM · Jul 10, 2023
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DIS up again !Price
$90.46
Day's Change
0.3135 (0.35%)
" VAST MAJORITY" how about 3 or 4 RedNeck Knuckle heads from Deliverance country )))
$T > AT&T cash on hand for the quarter ending March 31, 2023 was $2.821B
Go Nowhere but back up !
$SYAXF up a little over nite in the Land down under !
p.s. Australia vs Ireland Women's World cup opener next week ! Go IRL
BUD > This BUD for You !
Anheuser Busch Inbev SA NV
$$$$56.79
0.59 (1.05%)
Volume: 1,876,644
Day Range: 56.91 - 57.47
Last Trade Time: 5:04:44 PM EDT
Total Trades: 24,256
$SYAXF added another 30K glta