THE NETHERLANDS: Merrill Lynch upgrades Heineken
Merrill Lynch has also raised its 2002 earnings per share (EPS) estimate for Heineken by 2.4% to €2.06 and its 2003 estimate by 2.8% to €2.24, on the back of better-than-expected volumes in the US, an upturn in performance in Poland and growth in Russia.
"Heineken continues to deliver on most aspects of its strategy in terms of brand development, cost focus and market leadership," said Merrill Lynch's analyst, Mark Blythman.
Dutch brewer Heineken is rumored to have released a self-chilling beer can....
ING has raised its target for Heineken's share price after analysing the brewer's options to save costs....
Heineken's CEO-in-waiting has no plan to radically alter the brewer's strategy, he said in an interview today....
Heineken has restructured its top management, in a move that includes the retirement of current CEO and chairman Thony Ruys from October this year....
Heineken said yesterday that its Austrian subsidiary Brau Union AG has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-business related real estate ...
Heineken has acquired a 40% stake in a Chinese brewery....
Heineken Espana is looking to invest heavily in a new plant in southern Spain....
Grupo Empresarial Bavaria is not looking to sell up, its president has confirmed....
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