The joint venture of SABMiller and Molson Coors Brewing turned a fourth-quarter profit through cost savings, though the shaky economy cut into revenue from beer. "It's tough out there, and we saw the effect of ongoing economic pressure and unemployment on beer sales, especially in the fourth quarter ...

LONDON (Reuters) - MillerCoors, the second-largest brewer in the United States, on Tuesday reported a 21.6 percent slide in fourth-quarter net income reflecting a tough economy and a sharp rise in share-based salary bonus packages. The combined U.S. operations of SABMiller Plc <SAB.L> and Molson Coors Brewing Co <TAP.N> with brands such as ...

The leading stock exchange ended lower on Friday as this week's rally came to a swift end in reaction to weaker-than-expected US earnings news, traders said. The FTSE 100 index ended down 0.78 percent at 5,455.37 points. Mobile phone giant Vodafone was the most traded stock, seeing 295 million units change hands, followed by Lloyds Banking ...