Judy Hong

Boston Beer Rises to Record High on Jump in Cider Demand

Boston Beer Co., the maker of Samuel Adams lager, rose to a record high after better-than-expected demand for cider and seasonal brews prompted it to raise estimates for the year.

S&P 500 Rises Second Week Amid Government Budget Talks

The Standard & Poor’s 500 Index rose a second week, the longest advance since September, as investors watched developments in government budget negotiations amid better-than-anticipated economic reports.

Monster Shares Rise as Goldman Downplays Regulatory Risk

Monster Beverage Corp., the largest U.S. energy drink maker by sales volume, rose the most in more than a month after Goldman Sachs Group Inc. said a Food and Drug Administration response to questions over the safety of energy drinks was “encouraging.”

U.S. Stocks Fall as Budget Negotiations Overshadow Greece

U.S. stocks fell for a second day as concern about progress in Washington budget negotiations overshadowed a European agreement on Greece aid and a better- than-forecast report on durable goods.

Jim Beam Inviting Biggest Liquor Takeover Since 2005: Real M&A

Jim Beam bourbon and Skinnygirl cocktails may be enough to persuade Pernod-Ricard SA and Diageo Plc to attempt the biggest spirits acquisition in six years.

Monster Fall Extended After FDA Energy Drink Death Reports

Monster Beverage Corp., the largest U.S. energy drink maker by sales volume, fell at least 10 percent for a second day as Goldman Sachs Group Inc. removed the stock from its conviction buy list and Citigroup Inc. said the argument for a takeover has “evaporated.”

Monster’s Drinks Seen Fueling Highest Valuation: Real M&A

Monster Beverage Corp.’s escalating profit from energy drinks pumped full of caffeine and nitrous oxide may tempt acquirers to chase what would be the most expensive takeover in the industry’s history.

Mead Johnson, Hansen, Lorillard Among Likely M&A Targets, Goldman Says

Mead Johnson Nutrition Co. and juice maker Hansen Natural Corp. are among the top candidates for takeovers in the consumer-products industry because of their growth prospects, according to Goldman Sachs Group Inc.

Menthol Cigarette Ban in U.S. May Aid Public Health, Advisors to FDA Find

Removing menthol cigarettes from sale in the U.S. would benefit public health, members of an advisory panel said in a report that urged more studies.

Beam’s Third-Quarter Profit Gains 14% on Bourbon Sales

Beam Inc., the liquor company formed last month in the breakup of Fortune Brands Inc., said third- quarter profit rose 14 percent, driven by sales of cherry infused Jim Beam Bourbon and Courvoisier.

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Canada Prime Minister’s Staffer Leaves Amid Payment Probe

Gold Bear Bets Reach Record as Soros Cuts Holdings: Commodities

White House Warns Against IRS ‘Fishing Expedition’

Aquino’s New Philippine Senate Majority Boosts Political Mandate

Nissan Expands in Japan’s Minicar Market With First Joint Model