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Opening Glance: Major beverage stocks mostly rise



By AP
23 April 2008 @ 10:04 am EST

NEW YORK - Beverage stocks mostly rose early Wednesday amid broad market gains as investors digested a number of corporate earnings reports and news that Liberty Mutual plans to buy rival insurer Safeco for $6.2 billion.

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Quotes
KO 53.51 -0.84
PEP 69.39 -0.46
TAP 48.59 0.42
BUD 67.76 0.01

SYMBOL LOOKUP

How shares of some major beverage makers performed just after the opening bell:

Coca-Cola Co. added 12 cents to $60.01.

PepsiCo Inc. rose 15 cents to $69.25.

Molson Coors Brewing Co. gained 14 cents to $55.71.

Bucking the trend, Anheuser-Busch Cos. lost 1 penny to $47.39.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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