Shares of Ambev SA (ADR) (NYSE:ABEV) ended Wednesday session in red amid volatile trading. The shares closed down -0.05 points or -0.80% at $6.20 with 10.30 million shares getting traded. Post opening the session at $6.22, the shares hit an intraday low of $6.15 and an intraday high of $6.25 and the price vacillated in this range throughout the day. The company has a market cap of $98.24 billion and the numbers of outstanding shares have been calculated to be 15.70 billion shares.
Ambev SA (ADR) (ABEV) produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. The company operates through Latin America North, Latin America South, and Canada segments. It offers beers primarily under the Skol, Brahma, and Antarctica brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, and ready-to-drink teas under the Guaraná Antarctica, Guaraná Antarctica Black, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Monster, Red Rock, Pepsi-Cola, and Seven Up brands. Ambev S.A. offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. is a subsidiary of Interbrew International B.V.
Shares of Coca-Cola European Partners plc (NYSE:CCE) ended Wednesday session in green amid volatile trading. The shares closed up +0.90 points or 2.29% at $40.16 with 4.50 million shares getting traded. Post opening the session at $39.68, the shares hit an intraday low of $39.66 and an intraday high of $40.37 and the price vacillated in this range throughout the day. The company has a market cap of $18.94 billion and the numbers of outstanding shares have been calculated to be 482.32 million shares.
Coca-Cola European Partners plc (CCE) announced that it will present on 8 September, at the Barclays Global Consumer Staples Conference in Boston. The presentation will begin at 2:45 p.m. BST, 3:45 p.m. CEST, and 9:45 a.m. EDT. Chief Executive Officer John F. Brock, Chief Operating Officer Damian Gammell, and Chief Financial Officer Nik Jhangiani will deliver the remarks.