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Opening Glance: Major beverage stocks mixed



By AP
11 July 2008 @ 10:23 am EST

NEW YORK - Major beverage stocks were mixed early Friday after published reports said Anheuser-Busch Cos. is likely to accept a sweetened buyout offer from Belgian-based brewer InBev SA as early as this weekend, following weeks of a bitter public battle.

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Quotes
BUD 68.18 0.18
TAP 48.3 1.15
KO 51.93 0.22
PEP 68.92 0.53

SYMBOL LOOKUP

How shares of some major beverage makers performed in morning trading:

Anheuser-Busch Cos. rose $4.51, or 7.4 percent, to $65.72.

Molson Coors Brewing Co. rose $1.58, or 3 percent, to $54.68.

Coca-Cola Co. traded unchanged at $50.04.

PepsiCo Inc. fell 50 cents to $65.09.

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 This material may not be published, broadcast, rewritten or redistributed.

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