Closing Glance: Major beverage makers mostly fall

In industry news, Lehman Brothers analyst Michael Branca reduced his earnings estimates for Coca-Cola Co., citing slowing beverage markets in the U.S., Western Europe and developing countries.

How shares of some major beverage makers performed:

Anheuser-Busch Cos. fell 9 cents to close at $61.21.

Molson Coors Brewing Co. lost 21 cents to $53.10.

Coca-Cola Co. fell 85 cents to $50.04, after hitting an annual low of $49.70.

Bucking the trend, PepsiCo Inc. added 24 cents to $65.59.