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Closing Glance: Major beverage stocks fall



By AP
13 June 2008 @ 04:34 pm EST

NEW YORK - Major beverage stocks fell in late trading Friday, despite gains in the broader market, after the second-largest Coca-Cola bottler, Coca-Cola Hellenic Bottling Co. S.A., warned its 2008 profit had been hurt by soft economic conditions, bad weather and rising costs in Europe.

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Quotes
CCH 24.12 0.01
KO 51.71 0.05
TAP 47.15 -0.62
PEP 68.39 -0.8
BUD 68 -0.25

SYMBOL LOOKUP

How shares of some major beverage makers performed:

Coca-Cola Co. tumbled $1.72, or 3 percent, to close at $55.42.

Molson Coors Brewing Co. lost 25 cents to $57.72.

PepsiCo Inc. shed 41 cents to $67.54.

Anheuser-Busch Cos. fell 28 cents to $61.12.

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 This material may not be published, broadcast, rewritten or redistributed.

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