A-B on Brands, Industry, Pricing, M&A

Change is afoot. That's how Anheuser-Busch cfo Randy Baker kicked off their investor update yesterday in New York. While the beer industry is typically more "traditional", today the catchword is change. And not just at A-B. The MillerCoors J-V "virtually assures that there are more substantial changes in our industry to come," says Randy. Randy said that even with the transportation synergies MillerCoors will achieve, it still won't hold a candle to A-B's efficiencies per barrel. Not much new in