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Bankrupt beer brand and brewery abruptly shuts down
Yahoo Finance· 2025-11-20 01:37
The brewery industry has faced rising costs and falling demand. Tariffs have increased packaging costs. A number of well-known beer brands have closed. Many companies enter Chapter 11 bankruptcy with a sense of hopefulness. Filing gives a company time to negotiate with creditors, landlords, and vendors. Sometimes it brings meaningful financial relief that allows a company to fix its finances and put a cost structure in place so the business can continue, or even thrive. That can take a lot of for ...
Japan’s Sapporo Nears $2.7 Billion Real Estate Sale to KKR-PAG Group Amidst Australian Critical Minerals Surge
Stock Market News· 2025-10-14 23:08
Group 1: Sapporo Holdings - Sapporo Holdings is nearing a definitive agreement to sell its real estate business, including the Yebisu Garden Place complex, to a consortium led by KKR and PAG for approximately ¥400 billion ($2.7 billion) [2][3][9] - This strategic divestment is driven by investor pressure for enhanced capital efficiency and a focus on the core beverage business [3][9] Group 2: Australian Critical Minerals - Australian critical minerals stocks are experiencing a significant surge, particularly in copper production, due to strong global demand and supply constraints [4][9] - Recent supply disruptions, such as incidents at the Grasberg mine in Indonesia and El Teniente mine in Chile, have tightened global copper supply, benefiting Australian producers [5][9] Group 3: Rio Tinto - Rio Tinto reported a 54% year-on-year increase in copper output from its Oyu Tolgoi mine in Mongolia during the first half of 2025, contributing to a 69% rise in group copper earnings to $3.1 billion [6][9] - The overall copper production for Rio Tinto increased by 16% to 438,000 tonnes during the same period [6][9] Group 4: ASX Market Dynamics - The gains in the mining sector have contributed to a 0.3% increase in the broader ASX 200 index [7][9] - The ASX is preparing for increased competition in the market, particularly from players like Cboe [7][9]
Eurozone PMIs Reveal Divergent Fortunes, Kurdish Oil Flows Resume, and Asahi Faces Cyberattack-Induced Beer Shortage
Stock Market News· 2025-10-03 08:08
Key TakeawaysFrance's private sector activity continued its contraction in September, with the Composite PMI falling to a five-month low of 48.1, signaling persistent weakness driven by declining new orders and political uncertainty.Italy's service sector demonstrated robust growth in September, with its Services PMI rising to 52.5, marking the fastest expansion since May and contrasting sharply with a renewed contraction in its manufacturing sector.Kurdish oil exports from Iraq to Turkey have resumed after ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-02 14:43
Industry Trend - Beer and music pairings are a popular trend [1] - Bands are collaborating with breweries on beers, hop waters, and other drinks [1] Marketing & Sales - These collaborative drinks are sold at shows and stores [1]
Montauk Brewing Celebrates 13 Years of Brewing with Faherty Collaboration and Beach Clean Up with the Surfrider Foundation
Globenewswire· 2025-06-26 12:00
Core Insights - Montauk Brewing Co. and Faherty have partnered to create a limited-edition summer beer and apparel collection that reflects the essence of coastal living [1][2] - The collaboration celebrates Montauk Brewing's 13th anniversary with a new tropical beer called The Après Surf Beer, featuring pineapple and coconut flavors [2][4] - The partnership aims to enhance community engagement through a beach cleanup event in collaboration with the Eastern Long Island Chapter of Surfrider Foundation [6] Company Overview - Montauk Brewing Company was founded in 2012 and focuses on crafting exceptional brews while promoting a lifestyle of adventure and enjoyment [8] - Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company with a diverse portfolio, including cannabis, beverages, and wellness products [10] - Faherty, established in 2013, is a family-owned brand committed to sustainable craftsmanship and social impact, with over 78 stores nationwide [12]
A股收评:创业板指收跌0.84% 白酒、航运股逆势走强
news flash· 2025-06-20 07:02
Market Overview - The three major A-share indices collectively adjusted today, with the Shanghai Composite Index down 0.07%, the Shenzhen Component Index down 0.47%, and the ChiNext Index down 0.84% [1] - The total market turnover was 1,091.6 billion, a decrease of 189.2 billion compared to the previous day [1] - Over 3,600 stocks in the market closed in the red [1] Sector Performance - The liquor, photovoltaic equipment, and solid-state battery sectors saw the largest gains [1] - The brain-computer interface and short drama gaming sectors experienced the most significant declines [1] Notable Stocks - The port and shipping sector rebounded, with Ningbo Marine (600798) and Xingtong Co. (603209) hitting the daily limit [1] - The solid-state battery sector was active, with Haike Energy, Nord Co. (600110), and Xiangtan Electric (002125) also hitting the daily limit [1] - Photovoltaic concept stocks performed well, with Saiwu Technology (603212) and GCL-Poly Energy (002506) reaching the daily limit [1] - Liquor stocks rebounded, with Huangtai Liquor (000995) hitting the daily limit, and Yingjia Gongjiu (603198) and Jinzhongzi Liquor (600199) rising over 5% [1] - Stablecoin concept stocks were partially active, with Chutianlong (003040) experiencing a significant rise and Annie Co. (002235) hitting the daily limit [1] - The brain-computer interface sector saw declines, with Aipeng Medical (300753) dropping over 10% [1] - The short drama gaming concept stocks collectively adjusted, with Yuanlong Yatu (002878), Chuanwang Media (300987), Zhongwen Online (300364), and Huanrui Century (000892) all falling over 5% [1]