Surgeon general’s warning sends alcohol stocks sliding
Spirit companies saw stock prices plummet Friday after the U.S. surgeon general recommended cancer warning labels, similar to those found on tobacco products, be added to alcohol. Boston Beer
Alcohol Stocks Drop—Corona Owner Plummets $450 Million In Value—After Surgeon General Says Alcohol Should Have Cancer Warning
Constellation Brands, the producer of Modelo and Corona, lost about $450 million in market capitalization as shares for several alcohol makers and distributors dipped on Friday after Surgeon General Vivek Murthy called for Congress to update warning labels on alcoholic beverages to include cancer risks.
Surgeon General Vivek Murthy's alcohol warning comes amid dietary guideline review
U.S. Surgeon General Dr. Vivek Murthy's new Advisory on Alcohol and Cancer Risk outlining a direct link between drinking alcohol and increased risk of developing seven types of cancer was released Friday amid a review of federal guidelines for alcohol consumption.
Alcohol Intake Increases Cancer Risk, Beverages Should Carry Warning: Surgeon General
In a new Advisory on Alcohol and Cancer Risk, Surgeon General Dr. Vivek Murthy outlined the connection between alcohol consumption and cancer. The third leading preventable cause of cancer in the United States (behind tobacco and obesity ),
Surgeon general’s call for alcohol warning label likely to fall flat in Congress
Surgeon General Vivek Murthy’s call Friday to require alcohol labels warning of cancer risk will likely face strong resistance in Congress, which would have to pass a law to require the labels. The alcohol industry fiercely opposes labeling as well as stricter guidance around consumption — the government currently recommends men consume no more than two drinks per day and women no more than one — and has cultivated support among lawmakers through an expensive lobbying and political operation.
For alcohol industry, surgeon general's cancer warning is nothing to toast
For the companies that brew, ferment, distill, bottle and sell alcohol, the surgeon general's new missive is going down like a poorly worded toast.
Surgeon General calls for new label on drinks to warn Americans of alcohol's cancer risk
Alcohol is a leading cause of cancer, a risk that should be clearly labeled on drinks Americans consume, U.S. Surgeon General Vivek Murthy proposed on Friday
Surgeon General calls for cancer risk warning on beverages with alcohol
Dr. Vivek Murthy issued an advisory Friday about alcohol and cancer risk and called for changes to beverage warning labels.
The Boston Beer Company, Inc. (NYSE:SAM) Insider Carolyn L. O’boyle Sells 62 Shares
The Boston Beer Company, Inc. (NYSE:SAM – Get Free Report) insider Carolyn L. O’boyle sold 62 shares of the company’s stock ...
Jim Koch says his wife will eventually take over his Boston Beer Company stock, worth over $650 million
The shares in the maker of Samuel Adams beer and Truly Hard Seltzer come with significant sway over the company’s operations.
Craft Breweries Are Finally Embracing Non-Alcoholic Beer
With new brewing and de-alcoholising technology, beer lovers now have many flavorful options, some of which are from the very ...
Is The Boston Beer Company (SAM) the Best Brewery Stock to Buy According to Hedge Funds?
We recently published a list of 12 Best Brewery Stocks to Buy According to Hedge Funds. In this article, we are going to take ...
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Is Boston Beer Stock a Buy, Hold or Sell at a 24.98X P/E Multiple?
The Boston Beer Company, Inc. SAM is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 24.98X, higher ...
Sam Adams founder Jim Koch will pass control of company to his wife: Report
A leader of the craft beer movement, Samuel Adams founder Jim Koch said he will pass control of the company to his wife, a ...
Boston Beer falls -6.2%
Boston Beer (SAM) is down -6.2%, or -$18.70 to $282.56.Don't Miss Our New Year's Offers:Discover the latest stocks recommended by top Wall ...
The Boston Beer Company, Inc. (NYSE:SAM) Receives Average Recommendation of “Hold” from Analysts
Shares of The Boston Beer Company, Inc. (NYSE:SAM – Get Free Report) have earned an average rating of “Hold” from the twelve ratings firms that are currently covering the stock, MarketBeat Ratings ...
What was Jimmy Carter's connection to craft beer? Brewers credit former president for industry's success
Beer lovers can raise a glass while honoring our nation’s 39th president. Jimmy Carter is a huge reason America’s craft beer ...
Alcohol maker stocks see declines in wake of Surgeon General cancer advisory
Popular alcohol producers had a bumpy morning as investors reacted to an advisory from the U.S. Surgeon General about alcohol and cancer.
Parent companies behind Harpoon, Smuttynose breweries merge
With the merger, the company said it would pause large-scale production at the brewery in Hampton, but said it hopes to ...