Tag Archives: Ambev

Ambev Stock – Budweiser owner buying The Fat Jewish’s Babe Wine

Anheuser-Busch InBev said Friday it is buying Babe Wine, the company co-founded by popular Instagram influencer Josh “The Fat Jewish” Ostrovsky and brothers David Oliver Cohen and Tanner Cohen, the writers behind the Babe Walker @whitegrlproblem Twitter account.AB InBev (BUD) did the deal through its ZX Ventures arm. ZX Ventures first bought a minority stake in Babe Wine last year. Babe Wine has become

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Ambev Stock – Brazil’s Ambev misses quarterly profit estimates amid higher costs

SAO PAULO (Reuters) – Brazilian beverage firm Ambev SA reported a 6.2 percent rise in first-quarter net profit on Tuesday which still missed market expectations amid a double-digit increase in the cost of goods sold and higher financial expenses. The Latin American unit of Anheuser Busch InBev said total net income was 2.749 billion reais ($692.74 million), compared to a

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