Beam's expansion hits Putin's crackdown on alcoholism
date:Nov 08, 2012
-based Beam, Jack Daniel's-maker Brown-Forman Corp. and Johnnie Walker-maker Diageo Plc as they seek to quench Russians' thirst for dark spirits, said Spiros Malandrakis, a global alcohol drinks analyst for researcher Euromonitor.

There has been a massive series of legislative attacks, Malandrakis said. You have to take slow steps so you don't gather the wrath of the Kremlin on your head.

Beam shares rose 2.8 percent to $57.15 Nov. 2 after reporting third-quarter per-share earnings, excluding
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