$TAP
Molson Coors Beverage Company
- NEW YORK STOCK EXCHANGE INC.
- Consumer Non-Durables
- Beverages: Alcoholic
- Manufacturing
- Breweries
PRICE
$50.7 -
Extented Hours
VOLUME
1,083,658
DAY RANGE
49.32 - 50.74
52 WEEK
46 - 58.81
Join Discuss about TAP with like-minded investors
@AJAJ #droscrew
recentlyyeah drossy share your plans > @Pal said: Hope you have some fun plans on tap @dros
78 Replies 8 π 6 π₯
@trademaster #TradeHouses
recentlyBy Jeslyn Lerh and Stephanie Kelly SINGAPORE (Reuters) -Oil prices rebounded on Thursday amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recovery. Brent crude futures had climbed 89 cents, or 1.1%, to $78.73 a barrel by 0740 GMT, while U.S. West Texas Intermediate crude futures rose 87 cents, or 1.2%, to $73.71 a barrel. Big declines in the previous two days were driven by worries about a potential global recession, especially since short-term economic signs in the world's two biggest oil consumers, the United States and China, appeared shaky. "Coming after the heavy sell-off since the start of the week, it seems that oil prices are attempting to tap on some weakness in the U.S. dollar this morning for some reprieve," said Jun Rong Yeap, market strategist at IG. "The second month of contraction in U.S. manufacturing PMI continues to reflect ongoing slowdown in economic activities, which may leave buyers shunning" the market, he said. Brent's and WTI's cumulative declines of more than 9% on Tuesday and Wednesday were the biggest two-day losses at the start of a year since 1991, according to Refinitiv Eikon data. Reflecting near-term bearishness, the benchmark oil contracts slipped back into contango in Asia trade on Thursday, meaning spot prices were lower than those for delivery months later. < CLc1-CLc2> Economic data from the United States weighed on prices as U.S. manufacturing contracted further in December. The ISM purchasing managers' index (PMI) for manufacturing dropped for a second straight month in November, to 48.4 from 49.0. It was the weakest reading since May 2020, the Institute for Supply Management (ISM) said. At the same time, a survey from the U.S. Labor Department showed job openings had fallen less than expected, raising concerns that the Federal Reserve would use the tight labour market as a reason to keep interest rates higher for longer. Concerns about economic disruption as COVID-19 works its way through China, the world's biggest oil importer, have added to the pessimism around crude prices. The Chinese government increased export quotas for refined oil products in the first batch for 2023, signalling expectations of poor domestic demand. Meanwhile, dollar weakness helped support oil prices, since it typically boosts demand as dollar-denominated commodities become cheaper for holders of other currencies.
119 Replies 10 π 14 π₯
@trademaster #TradeHouses
recentlyBy Stella Qiu SYDNEY (Reuters) - Asian shares tracked Wall Street higher on Friday amid hopes that China's economy would pick up pace as COVID-19 curbs ease, although caution ahead of a week full of risk events, including the Federal Reserve's policy meeting, could cap sentiment. The U.S. dollar extended declines for the third straight day, retreating on the Japanese yen, euro and sterling. The optimism in share markets looks set to extend to Europe, with the pan-region Euro Stoxx 50 futures 0.4% higher. S&P 500 futures rose 0.2%, while Nasdaq futures increased 0.3%. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.1%, edging closer to a three-month high hit earlier in the week. For the week, it was also set to rise 1.1%. Japan's Nikkei surged 1.2%. China's Premier Li Keqiang, in comments carried by state media, said on Thursday the country's shift in COVID policy would allow the economy to pick up pace, a day after a top-level party meeting pledged to focus on stabilising growth while optimising pandemic measures. Investors are piling back into battered Chinese shares even though many economists warn a recovery could be long and bumpy, with the risk of sharp surge in new infections. Hong Kong's Hang Seng index advanced 1.6%, with mainland developers up a whopping 7.3%. Chinese blue chips, however, saw more subdued gains. Commodity prices also rallied, with prices for iron ore surging 4.5% on Friday to the highest in six months amid hopes of improved demand from China. Analysts at Nomura expect 2023 to be a year of outperformance for Asia - with a return of 12% by the end of 2023, although the first quarter could be choppy as weak economic data and Fed's late cycle hikes lead to softer sentiment. "We turn even more optimistic on AeJ stocks (Asia excluding Japan) and expect a far better 2023, driven by China's reopening/recovery push and as the Fed approaches the end of its tightening cycle in the months ahead." NEXT WEEK IN FOCUS Apart from China optimism, investors are focused on U.S. producer price inflation figures later in the day for more signs about the health of the U.S. economy, after data overnight showed some loosening in the labour market, with weekly jobless claims rising moderately. U.S. monthly consumer inflation data is also due next week, with economists forecasting inflation likely slowed slightly to 8.0% in November from a year earlier, compared with 8.2% in October. Futures have priced in a near-certain possibility that the Fed will slow down its rate hike to 50 basis points next week, but the target U.S. federal funds rate would have to peak around 4.9% by next May. "This slowing is not a signal that the central bank's job is nearly done...the slower pace of hikes starts a new phase of the Fed's tightening cycle," said Brian Martin, head of G3 economics at ANZ. "With inflation proving sticky and the labour market still buoyant, the risks to our 5.00% terminal view are to the topside." The Fed, the European Central Bank and the Bank of England are all set to announce interest rate decisions next week as policymakers continue to tap the brakes on economic growth through firmer rates to thwart stubbornly high inflation. The U.S. dollar slid 0.2% against a basket of major currencies on Friday, on top of a drop of 0.4% overnight. It softened 0.4% against the Japanese yen to 136.04 yen. The euro also rose 0.2% against the greenback to $1.0576, within a whisker of the five month high of $1.0594. Treasury yields resumed edging lower on Friday, after snapping a three day losing streak the day before. They fell to the lowest in three years earlier in the week on expectations of slower growth or that a recession will curb the rise in rates. The yield on benchmark 10-year Treasury notes eased 3 basis points to 3.4597%, compared with its U.S. close of 3.493%. The two-year yield touched 4.29%, down from its U.S. close of 4.312%. The yield curve remains the most inverted since the early 1980s at around -83bps, pointing towards a U.S. recession in the near future. In the oil market, prices rose after tumbling the day before amid fears a slowdown in the global economy would lead to reduced demand. U.S. West Texas Intermediate (WTI) crude futures rose 0.7% to $71.96 per barrel, while Brent crude settled at $76.72 a barrel, 0.7% higher. Gold was slightly higher. Spot gold was traded at $1796.69 per ounce.
131 Replies 13 π 15 π₯
@thegiz18 #ivtrades
recentlyGood morning, US stock futures are flat to negative. Techs with relative weakness while Small Caps and Dow showing relative strength. Dollar rising off recent pullback, 10yr ticking back above 4% Gold and Silver lower by about 1% Crude and NG also about 1% lower $AMZN down 12% on forecast, but off last nights lows $AAPL shook off initial earnings drop $PINS, $INTC nice jumps on earnings China names again in the dumps More earnings on tap this morning along with some economic news before the open Trade Well
110 Replies 11 π 9 π₯
@NoobBot #Crypto4Noobs
recentlyhttps://cointelegraph.com/news/here-s-why-bitcoin-price-could-tap-21k-before-friday-s-510m-btc-options-expiry
98 Replies 13 π 12 π₯
@thegiz18 #ivtrades
recentlyTRIN trade worked as expected, US stock futures down 0.4-0.7% in the premarket. Gold and Silver down over 1% Crude and NG each down over 1% Bank earnings on tap before the open along with retail sales to help set market direction to end the week. Trade well
150 Replies 6 π 10 π₯
@dros #droscrew
recentlysaaaarge > @bronco said: That key level going way back is on tap. If it breaks look out! I wonder what it is? π€
129 Replies 10 π 14 π₯
@bronco #droscrew
recentlyThat key level going way back is on tap. If it breaks look out! I wonder what it is? π€
52 Replies 10 π 15 π₯
@Mazi_P #PlutoTraders
recentlyI DONT EVEN WANNA TAP THE MT4 BUTTON WRONG
116 Replies 13 π 13 π₯
@NoobBot #Crypto4Noobs
recentlyhttps://www.coindesk.com/policy/2022/08/15/us-fed-opens-pathway-for-crypto-banks-to-tap-central-banking-system/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
148 Replies 11 π 8 π₯
@NoobBot #Crypto4Noobs
recentlyhttps://www.coindesk.com/policy/2022/08/15/us-fed-opens-pathway-for-crypto-banks-to-tap-central-banking-system/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
100 Replies 7 π 12 π₯
@trademaster #TradeHouses
recentlyBy Ann Saphir and Howard Schneider (Reuters) -Slowing U.S. inflation may have opened the door for the Federal Reserve to temper the pace of coming interest rate hikes, but policymakers left no doubt they will continue to tighten monetary policy until price pressures are fully broken. A U.S. Labor Department report Wednesday showing consumer prices didn't rise at all in July compared with June was just one step in what policymakers said would be a long process, with a red-hot job market and suddenly buoyant equity prices suggesting the economy needs more of the cooling that would come from higher borrowing costs. The Fed is "far, far away from declaring victory" on inflation, Minneapolis Federal Reserve Bank President Neel Kashkari said at the Aspen Ideas Conference, despite the "welcome" news in the CPI report. Kashkari said he hasn't "seen anything that changes" the need to raise the Fed's policy rate to 3.9% by year-end and to 4.4% by the end of 2023. The rate is currently in the 2.25%-2.5% range. To be sure, Kashkari is the Fed's most hawkish member; most of his 18 colleagues believe a little less policy tightening may be enough to do the trick to bring prices under better control. San Francisco Fed President Mary Daly, in an interview with the Financial Times, also warned it is far too early for the U.S. central bank to "declare victory" in its fight against inflation. However, Daly said that a half-percentage point rate rise was her "baseline" but did not rule out a third consecutive 0.75% point rate rise at the central bank's next policy meeting in September, according to the report. Calling inflation "unacceptably" high, Chicago Fed President Charles Evans said he believes the Fed will likely need to lift its policy rate to 3.25%-3.5% this year and to 3.75%-4% by the end of next year, in line with what Fed Chair Jerome Powell signaled after the Fed's latest meeting in July. Still, he said, the CPI report marks the first "positive" reading on inflation since the Fed began raising interest rates in March in increasing increments -- a quarter of a percentage point to start, then a half a point, and then three-quarters-of-a-percentage point in both June and July. After Wednesday's CPI report, traders of futures tied to the Fed's benchmark interest rate pared bets on a third straight 75-basis-point hike at its Sept. 20-21 policy meeting, and now see a half-point increase as the more likely option. Equity markets took a similar cue on hopes for a less aggressive central bank, with the S&P 500 rising 2.1%. Financial markets are currently pricing a top fed funds rate of 3.75% by year-end, with rate cuts to follow next year, presumably as policymakers move to counter economic weakness. Kashkari called that scenario unrealistic, and said Fed policymakers are "united" in their determination to bring inflation down to the Fed's 2% target. The risk of recession "will not deter me" from advocating for what's needed to do so, he said. DATA ON TAP For the Fed to scale back, fresh inflation data will need to confirm the idea that price increases are slowing. The consumer price index rose 8.5% in July from a year earlier, Wednesday's report showed. While that marked a drop from June's 9.1% rate, prices are still rising at levels not seen since the 1970s and early 1980s. Food prices in July were up 11% from the year before, devastating for lower income families in particular. For the moment, however, analysts focused on the fact that, after months in which accelerating price pressures pushed Fed policymakers to tighten credit conditions faster than at any time since the 1980s, inflation data finally surprised in the other direction. "The Fed needs a lot more evidence (of slowing inflation)... but this is a good start," said Karim Basta, chief economist with III Capital Management. Data on August consumer inflation will be released on Sept. 13, the week before the Fed meets, and given recent trends in energy and some other prices the report "should also be friendly to the disinflation path and should make a 50 basis point hike the preferred option." Still, the Fed's battle with high inflation is far from over. The core consumer price index - which strips out volatile gas and food prices and is seen as a better predictor of future inflation - rose 0.3% from June and 5.9% from a year earlier. The Fed targets 2% inflation based on a different index that is rising at a lower, but still high, rate of more than 6%. An alternative measure of consumer prices compiled by the Cleveland Fed, known as the Median Consumer Price Index and considered a good view of the breadth of prices pressures in the economy, rose 6.3% on an annual basis in July, compared to 6% in June. "Overall, prices remain uncomfortably high," wrote High Frequency Economics' Rubeela Farooqi, who stuck with her call for a 75-basis point rate hike next month. "Coupled with strength in job growth and wages, the data support the case for another aggressive rate hike in September."
78 Replies 6 π 10 π₯
@Chano #StockTraders.NET
recentlyI couldn't find any dilution from them in more than a year, didn't know they have an ATM > @singletary said: said to see if they tap atm. which seems they did
61 Replies 9 π 11 π₯
@singletary #StockTraders.NET
recentlysaid to see if they tap atm. which seems they did
82 Replies 12 π 9 π₯
@thegiz18 #ivtrades
recentlyGood morning, US stock futures are up slightly to start the week. Asian markets closed mostly lower, European markets are trading slightly higher. Gold and silver are marginally lower, crude and NG are both higher by 1-2%. Dollar is ticking lower. Big week for earnings lot of big name market movers on tap. Fed interest rate decision and conf call this Wednesday afternoon. Plenty of opportunities to be had. Trade well.
41 Replies 7 π 6 π₯
@thegiz18 #ivtrades
recentlyGood morning, US stock futures are pretty flat, techs with a little relative strength on $TSLA results, small caps with some relative weakness after the past couple days of strength on the run up. Crude and NatGas are both down 4% or more, gold and silver are down also. 10yr treasuries back over 3%. Plenty of earnings to digest and Fed on tap for interest rate increase next week. Trade well.
54 Replies 12 π 14 π₯
@Mazi_P #PlutoTraders
recentlySO AS YOU SEE WE TAP 168 ONCE, THEN TAPPED 168 AGAIN THEN DOWNTREND
71 Replies 8 π 10 π₯
@NoobBot #Crypto4Noobs
recently**@elonmusk:** Very important to fix your Twitter feed:1. Tap home button.2. Tap stars on upper right of screen.3. Select βLatest tweetsβ.You are being manipulated by the algorithm in ways you donβt realize.Easy to switch back & forth to see the difference. https://twitter.com/elonmusk/status/1525612988115320838
97 Replies 15 π 7 π₯
@Mazi_P #PlutoTraders
recentlyAFTER 5 PM WE MAY TAP 3380... THEN SHOOT TO 3620
63 Replies 14 π 10 π₯
@NoobBot #Crypto4Noobs
recentlyMENA Climate Week notes blockchain's potential for climate action https://cointelegraph.com/news/mena-climate-week-lists-3-key-needs-to-tap-into-blockchain-use-for-climate-action
45 Replies 11 π 14 π₯
@Atlas #Emporos Research
recentlywell , the russians do not need anything , other then the tap of the top few heads from the US to understand what is going on , rare when they get that sort of idealism , they usually are never near the 500th heads , maybe they have been updated , or something , not like they would admit such thing
69 Replies 12 π 15 π₯
@trademaster #TradeHouses
recentlyBy Emily Chow and Florence Tan BEIJING (Reuters) -Oil prices surged, with Brent breaching $100 a barrel for the first time since 2014 on Thursday as Russia attacked Ukraine, exacerbating concerns that a war in Europe could disrupt global energy supplies. After Russian President Vladimir Putin authorised what he called a special military operation, Ukraine's Foreign Minister Dmytro Kuleba said in a tweet that Russia had launched a full-scale invasion of Ukraine and was targeting cities with weapons strikes. Brent crude hit a high of $102.48 a barrel, the loftiest since September 2014, and was at $102.06 a barrel at 0547 GMT, up $5.22, or 5.4%. U.S. West Texas Intermediate (WTI) crude futures jumped $4.85, or 5.3%, to $96.95 a barrel, after rising to as much as $97.40, the highest since August 2014. Oil prices have surged more than $20 a barrel since the start of 2022 on fears that the United States and Europe would impose sanctions on Russia's energy sector, disrupting supplies. Russia is the world's second-largest oil producer, mainly selling its crude to European refineries, and is the largest supplier of natural gas to Europe, providing about 35% of the latter's supply. "Russia's announcement of a special military operation into Ukraine has pushed Brent to the $100/bbl mark," said Warren Patterson, head of ING's commodity research. "This growing uncertainty during a time when the oil market is already tight does leave it vulnerable, and so prices are likely to remain volatile and elevated," he added. Western nations and Japan on Tuesday punished Russia with new sanctions for ordering troops into separatist regions of eastern Ukraine, and threatened to go further if Moscow launched an all-out invasion of its neighbour. So far, there are no sanctions on energy trade. "It's not just geopolitical risk that is the problem but the further straining of supply," OCBC economist Howie Lee said. "Russian oil supply will disappear overnight if faced with sanctions ... and OPEC can't produce fast enough to cover this gaping hole." Some members of the Organization of the Petroleum Exporting Countries (OPEC) said there is no need for the group and its allies to increase output further as a potential deal between Iran and world powers will increase supplies. Some OPEC members are already struggling to meet current targets.[OPEC/O] Japan and Australia said on Thursday they were prepared to tap their oil reserves, together with other International Energy Agency (IEA) member countries, if global supplies were hit by hostilities in Ukraine. Analysts are also warning of inflationary pressure on the global economy from $100 oil, especially for Asia, which imports most of its energy needs. "Soaring oil prices come at an especially difficult time," HSBC economist Frederic Neumann said. "Asia's Achilles heel remains its vast import needs for energy, with surging oil prices bound to take a hefty bite out of income and growth over the coming year." The U.S. and Iran have been engaged in indirect nuclear talks in Vienna, in which a deal could lead to the removal of sanctions on Iranian oil sales and increase global supply. Iran on Wednesday however urged Western powers to be "realistic" in talks to revive the 2015 nuclear deal, and said its top negotiator was returning to Tehran for consultations, suggesting a breakthrough in its discussions is not imminent. Additionally, U.S. crude stockpiles rose 6 million barrels last week while distillate stocks fell, according to market sources who were citing American Petroleum Institute figures late on Tuesday. Ahead of government data on Thursday, analysts forecast a 400,000-barrel build in crude and a drawdown in fuel stockpiles. [EIA/S] Gasoline inventories rose by 427,000 barrels and distillates stockpiles fell by 985,000 barrels, the API data showed according to the sources, who spoke on condition of anonymity.
88 Replies 13 π 11 π₯
@dros #droscrew
recentlycheck the time stamp of the shoulder tap with the block prints
103 Replies 9 π 7 π₯
@Serge #T|T|T
recentlydas ist krass.... Tage, nachdem der kanadische Premierminister Justin Trudeau angekΓΌndigt hatte, er werde Notfallbefehle erlassen , um gegen Demonstranten vorzugehen und ihre Bankkonten einzufrieren, gingen fΓΌnf groΓe kanadische Banken am Mittwochabend offline, da Kunden berichteten, dass ihre Gelder nicht verfΓΌgbar seien.... Kanadische Twitter-Nutzer berichteten, dass sie an den Geldautomaten nicht auf ihr Geld zugreifen konnten. Ein Benutzer machte ein Foto von einer Fehlermeldung an einem der Geldautomaten von RBC, die lautete: βTap-Transaktionen sind fΓΌr diese Karte nicht verfΓΌgbar.β
53 Replies 6 π 6 π₯
@thegiz18 #ivtrades
recentlyChoppy uneventful day for the market, small caps and energy shares with strength throughout the day. Final hour move on tap.
61 Replies 10 π 13 π₯
@NoobBot #Crypto4Noobs
recentlyPsyOptions Acquires Tap Finance for Undisclosed Sum https://www.coindesk.com/business/2022/02/01/psyoptions-acquires-tap-finance-for-undisclosed-sum/
114 Replies 12 π 6 π₯
@dros #droscrew
recentlybut if you tap that settings wheel you can choose which columns you want
123 Replies 10 π 12 π₯
@zonatrading #Zona Trading
recentlyIvan Higueros is inviting you to a scheduled Zoom meeting. Topic: ReuniΓ³n de CapacitaciΓ³n Zona Trading Time: Jan 27, 2022 06:00 PM Guatemala Join Zoom Meeting https://us02web.zoom.us/j/87918012281?pwd=MFNncXUvWlJ2VHhjR2ZncXRwa2xSUT09 Meeting ID: 879 1801 2281 Passcode: 751767 One tap mobile +13017158592,,87918012281#,,,,*751767# US (Washington DC) +13126266799,,87918012281#,,,,*751767# US (Chicago) Dial by your location +1 301 715 8592 US (Washington DC) +1 312 626 6799 US (Chicago) +1 346 248 7799 US (Houston) +1 669 900 6833 US (San Jose) +1 929 436 2866 US (New York) +1 253 215 8782 US (Tacoma) Meeting ID: 879 1801 2281 Passcode: 751767 Find your local number: https://us02web.zoom.us/u/kczcyX7Yzq
148 Replies 12 π 9 π₯
Key Metrics
Market Cap
10.32 B
Beta
0.57
Avg. Volume
1.87 M
Shares Outstanding
200.03 M
Yield
3.02%
Public Float
0
Next Earnings Date
2023-05-02
Next Dividend Date
Company Information
For over two centuries Molson Coors has been brewing beverages that unite people for all of lifeβs moments. From Coors Light, Miller Lite, Molson Canadian, Carling, and Staropramen to Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Leinenkugelβs Summer Shandy, Creemore Springs and more, Molson Coors produces some of the most beloved and iconic beer brands ever made. While the companyβs history is rooted in beer, Molson Coors offers a modern portfolio that expands beyond the beer aisle as well. The companyβs commitment to raising industry standards and leaving a positive imprint on its employees, consumers, communities and the environment is reflected in its Imprint and its 2025 sustainability targets.
CEO: Gavin Hattersley
Website: www.molsoncoors.com
HQ: P.O. Box 4030 Golden, 80401 Colorado
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