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‘Woke-free' beer CEO reveals future of brand after Trump defends Bud Light: ‘Conservatives want options'
New York Post· 2024-02-11 01:53
A conservative CEO says that Republican beer drinkers want a beverage that “truly supports their values” after former President Donald Trump defended rival brand Bud Light.In 2023, Bud Light launched a controversial partnership with transgender activist Dylan Mulvaney that sparked an immediate, months-long boycott from the beer-drinking community.Trump, however, tried to soothe things over with the beer brand earlier this week by saying that Bud Light’s parent company Anheuser-Busch “is not a woke company” ...
5 Wall Street Top Stock Picks for 2024 That Pay Huge Dividends
24/7 Wall Street· 2024-02-10 15:49
5 Wall Street Top Stock Picks for 2024 That Pay Huge Dividends Bet_Noire / iStock via Getty Images Every year, the biggest Wall Street firms release a list of their top stock picks for the coming 12 months, and typically, they are companies that the stock analysts have incredibly high conviction in. In addition, they often have good upside to the assigned price target and are bestowed with either a Buy or Overweight rating depending on the company providing the coverage.At 24/7 Wall St., we like to cover ...
These are the 5 Biggest Dividend Yields in the S&P 500 Right Now
24/7 Wall Street· 2024-02-10 15:09
These are the 5 Biggest Dividend Yields in the S&P 500 Right Now ShutterstockProfessional / Shutterstock.com Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or a portfolio includes dividend income and stock appreciation.We screened our 24/7 Wall St. research database, looking fo ...
Trump's pro-Anheuser-Busch post came after UFC boss Dana White urged him to back company, source says
CNBC· 2024-02-10 00:43
Republican presidential candidate and former U.S. President Donald Trump attends a Nevada caucus night party at Treasure Island Resort & Casino in Las Vegas, Nevada, U.S. February 8, 2024.Former President Donald Trump wrote a social media post earlier in the week asking his supporters to give Anheuser-Busch a "second chance" after UFC president Dana White personally asked him to back the beer company, a source told CNBC.Anheuser-Busch last year suffered a major backlash over its Bud Light marketing prom ...
Budweiser's ‘old-school' Super Bowl ad features Clydesdale horses in attempt to buck last year's controversy
Market Watch· 2024-02-09 20:02
Budweiser has brought back its iconic Clydesdale horses in the company’s Super Bowl ad, as Anheuser-Busch touts a more traditional branding message after last year’s Bud Light controversy.The ad, entitled “Old-School Delivery,” marks the Clydesdale’s 46th Super Bowl appearance. A Labrador also features prominently in the ad, which Anheuser-Busch InBev ABI, -1.14% BUD, -1.67% describes as “a timeless message of resilience and determination that defines both the Budweiser brand and the American spirit.”“I thi ...
Caitlyn Jenner backs Donald Trump's stance on Bud Light after Dylan Mulvaney uproar: ‘Incredible American company'
New York Post· 2024-02-07 15:20
Caitlyn Jenner endorsed Donald Trump’s hot take on Bud Light, calling it an “incredible American company” despite continued backlash over the beer giant’s controversial ad campaign starring transgender influencer Dylan Mulvaney.“They made a huge mistake and have paid a large price,” the conservative reality TV star shared to X on Tuesday, referencing Mulvaney’s April 2023 social media posts cracking open a Bud Light — which have since been attributed to beer sales’ decline to their lowest level since 1999. ...
Can the Super Bowl save Bud Light?
Fox Business· 2024-02-07 11:51
After nearly a year of suffering sales since Bud Light's fateful partnership with transgender activist Dylan Mulvaney, the beleaguered brand is still looking to make a comeback. Parent company Anheuser-Busch InBev is spending big on Super Bowl ads and forming new partnerships in an effort to rekindle Americans' affinity for the beer that reigned as top-seller in the U.S. for more than two decades before its fall. While Bud Light may not be restored to its former glory any time soon, one expert believes it ...
Anheuser-Busch InBev stock rises as Trump says Bud Light maker should get second chance
Market Watch· 2024-02-07 11:38
Anheuser-Busch InBev shares saw their best one-day rise in three months on Wednesday after getting an endorsement from former President Donald Trump, who said people should give the brewer a second chance. In Brussels trade, the stock ABI, +3.96% BUD, +2.94% rose 4%, its best single day of gains since a 5% rise on Oct. 31. Trump took to his Truth Social social-media service to author a post about declining Bud Light sales. Sales in the U.S. have tumbled since transgender star Dylan Mulvaney made a social ...
Trump believes Bud Light paid the price for ‘mistake' Dylan Mulvaney Bud Light ad, threatens to release a list of ‘woke' companies
New York Post· 2024-02-07 01:45
Former President Trump on Tuesday said Bud Light has paid the price for its controversial partnership with a transgender influencer that sent sales for the beer brand tumbling last year, and he also threatened to release a list of “woke” companies.In a post on Truth Social, Trump called the Bud Light ad featuring TikTok star Dylan Mulvaney a “mistake of epic proportions.”“And for that a very big price was paid, but Anheuser-Busch is not a Woke company, but I can give you plenty that are,” he wrote. “Am bui ...
Trump Questions Bud Light Boycott—Calling Anheuser-Busch ‘Not A Woke Company'
Forbes· 2024-02-06 23:02
ToplineFormer President Donald Trump suggested his supporters still boycotting Bud Light over its ad campaign last year with trans star Dylan Mulvaney give the brand a “Second Chance,” saying Tuesday that its producer Anheuser-Busch is “not a woke company,” as the country’s one-time best-selling beer looks to recoup lost profit after its major fallout.Former President Donald Trump, a self-proclaimed alcohol abstainer, praised Anheuser-Busch as a ... [+] “Great American Brand that perhaps deserves a Second C ...