Overflowing: Heady profits for Molson Coors

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by ryan | August 7, 2007 at 09:43 am
1371 views | 4 Recommendations | 2 comments

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Coors

Coors

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I Am Canadian Molson Beer Ad

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I Am Canadian Molson Beer Ad

I'm happy to say I've done my part to bolster earnings for this company. The merger of Molson and Coors appears to be one of the few successful high profile mergers (in contrast to Daimler Chrysler for example)

Molson Coors Brewing Co. (TSX: TAP.B) is splitting its stock two-for-one after booking a 19 per increase in second-quarter earnings to US$185 million.

The American-Canadian brewer, reporting in U.S. dollars, said sales were $1.68 billion in the quarter ended July 1, up 5.9 per from a year earlier.

Volume was up 0.7 per cent to 11.5 million barrels or 1.35 billion litres.

Source: thestar.com

thanks Kaitlin  for the headline help.

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Most RecentMost Recommended Comments (2)

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ricknight
ricknight

at 10:00 on August 7th, 2007

Molson - They "were" Canadian....

buglugs
buglugs
flagged this story as Good Stuff

at 13:13 on August 8th, 2007

Ryan Nadel, I like this story. It's good stuff.

This story was created over 3 months ago, the comment thread is now closed.

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First Flagged at 1:13 PM, Aug 8, 2007 by buglugs
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