Craft Brewers readies $10M in upgrades

Craft beer lovers rejoice.The 2007 marriage of Widmer Bros. Brewing and Redhook Ale Breweries will yield new brews in 2011 when Craft Brewers Alliance Inc. rolls out new products.More importantly for investors, the bumpy road that resulted from the merger of the two companies might finally be…

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Craft Brewers Alliance sales up 15%

Widmer Bros. Brewing parent company Craft Brewers Alliance Inc. on Friday reported third-quarter sales of $36.7 million, up 15 percent from the same period a year earlier.The Portland-based brewer (NASDAQ: HOOK) reported earnings of $376,000, or 2 cents per share, compared to $94,000, or 1 cent…

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Investors' Thirst Growing for Craft Beer Stocks

Craft beer is defined as any beer with less than 2 million barrels sold each year. In the overall beer market, it's a small segment, despite accounting for about $7 billion in annual sales.The market share might be small, but the opportunity for investing profits is another story.The two publicly…

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A Man Who Loves His Beer - An Interview with Terry Michelson of Craft Brewers Alliance

As I hung up the phone, I couldn’t help the immediate urge to pop the cap off a Widmer Hefeweisen and kick my feet upon this desk, even though my more responsible judgment was bitterly convincing (it’s mid-afternoon on a Thursday).What the hell- I’m the only one here in the Bullworthy offices…

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CRAFT BREWERS ALLIANCE AND KONA BREWING CO. STRENGTHEN PARTNERSHIP BY AGREEING TO MERGE

As a Wholly Owned Subsidiary Kona Brewing Will Remain Hawaii-based, Enhance Distribution and Marketing CapabilitiesPortland, Ore. (August 3, 2010) – Craft Brewers Alliance, Inc. (CBA) (Nasdaq: HOOK), has entered into a merger agreement that will strengthen a nine-year partnership with Kona Brewing…

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Craft Brewers Alliance posts Q1 profit

Craft Brewers Alliance Inc. reported a modest first-quarter profit, reversing a seven-figure loss from a year ago.The Portland-based brewer (NASDAQ: HOOK), reported a $209,000 profit, or 1 cent per share, on sales of $29.3 million. That compares to a loss of $1.07 million loss, or 6 cents per…

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After big loss, Craft Brewers posts modest profit

Craft Brewers Alliance Inc. turned a modest 2009 profit as shipments to beverage giant Anheuser-Busch In Bev soared by nearly 75 percent.In its first full year of operations, the Portland-based brewery (NASDAQ: HOOK) reported a profit of $887,000, or 5 cents per share, on $131.7 million in sales.…

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