Closing Glance: Major beverage stocks fall

Recs

0

Major beverage stocks fell in late trading Friday, despite gains in the broader market, after the second-largest Coca-Cola bottler, Coca-Cola Hellenic Bottling Co. S.A., warned its 2008 profit had been hurt by soft economic conditions, bad weather and rising costs in Europe.

How shares of some major beverage makers performed:

Coca-Cola Co. tumbled $1.72, or 3 percent, to close at $55.42.

Molson Coors Brewing Co. lost 25 cents to $57.72.

PepsiCo Inc. shed 41 cents to $67.54.

Anheuser-Busch Cos. fell 28 cents to $61.12.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 664910, ~/articles/articlehandler.aspx, 12/2/2008 12:28:14 AM,

Sign up for FREE Motley Fool site access to keep reading:

“Closing Glance: Major beverage stocks fall”

Signing up allows you to comment on articles and on the discussion boards.

It's completely FREE and will take only 10 seconds.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

What Fools Are Saying

Most Recent

Most Recommended

Market Summary

S&P 500816.21 -8.93%
DJIA8,149.09 -7.70%
NASD1,398.07 -8.95%
Updated: 4:04:56 PM
Sponsored by: