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Opening Glance: Major beverage stocks mixed



By AP
02 July 2008 @ 10:35 am EST

NEW YORK - Major beverage stocks were mixed early Wednesday following a report from the Commerce Department that showed factory orders rose as expected in May. The increase, however, was less than half the gain turned in during April.

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Quotes
KO 50.35 -2.22
TAP 45.13 -1.25
PEP 66.73 -2.27
BUD 61.85 -3.25

SYMBOL LOOKUP

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

Coca-Cola Co. added 15 cents to $51.15.

Molson Coors Brewing Co. lost $1.46, or 2.6 percent, to $53.76.

PepsiCo Inc. rose $1.05 to $65.45.

Anheuser-Busch Cos. rose 6 cents to $62.01.

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 This material may not be published, broadcast, rewritten or redistributed.

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