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Opening Glance: major beverage stocks mostly fall



By AP
25 April 2008 @ 10:23 am EST

NEW YORK - Shares of major beverage makers mostly fell in early trading Friday after a Stifel, Nicolaus & Co. analyst maintained a "Hold" rating on PepsiCo Inc., noting weakness in its domestic business.

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Quotes
PEP 68.48 -0.71
KO 52.07 -1.05
TAP 47.65 -1.43
BUD 67.86 -0.14

SYMBOL LOOKUP

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

PepsiCo Inc. fell 31 cents to $67.69.

Coca-Cola Co. lost 54 cents to $59.71.

Molson Coors Brewing Co. fell 13 cents to $54.78.

Bucking the trend, Anheuser-Busch Cos. added 30 cents to $47.59.

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 This material may not be published, broadcast, rewritten or redistributed.

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