MillerCoors Posts Tough Q2

Dear Client: "In a challenging environment with significantly cooler weather in most of the country, MillerCoors gained share in the premium light and above premium segments," says SABMiller in a Q2 trading statement, trying to put lipstick on a pig. The fact is, it was a terrible second quarter for everyone and it showed in MillerCoors performance. Revenues were down 3% and STRs were down a big 4.4% with shipments down 5.3%. That puts MC STRs down around 3.8% for