Russian beer is getting crushed.
The Russian beer market plunged by an estimated 9% in the first three months of 2015 compared to the same period last year, according to a report by Russia's biggest beer brand, Baltika.
Baltika, a division of...
Denmark's company Carlsberg A/S (ADR) (OTC: CABGY) reported a net loss for the three months ending March 31.
Carlsberg posted quarterly net loss of 90 million Danish kroner ($13.49 million), versus a year-ago loss of 67 million kroner.
Carlsberg A/S (OTC: CABGY) reported a decline in its net profit for the fourth quarter.
Carlsberg also announced the resignation of its Chief Executive Jorgen Buhl Rasmussen.
Carlsberg's quarterly net profit slipped around 78% to 278 million...
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