date:Jun 30, 2014
ock Rally
Shares of Molson Coors, which has a market value of $13.7 billion, have climbed 32 percent this year. Thats outpaced the 5.9 percent gain of the Standard Poors 500 Index. The stock rose 0.5 per cent to $74.21 in New York yesterday.
The runaway sales growth of craft breweries make them attractive targets, assuming the price is right. The category saw volume climb 18 per cent in the U.S. last year, according to Boulder, Colorado-based trade group Brewers Association. That compares wit