The USA Health Bureau proposed alcohol warning labels, presenting new challenges for the alcohol Industry.

After the director of the health bureau in the USA announced last week the advocacy for warning labels on alcoholic products, investors in the alcohol Industry have a new variable to consider.

Zhitong FinanceJan 6 21:19

Alcohol Companies Could Face a Challenge With Younger Consumers After Surgeon General Warning

Seeking AlphaJan 6 20:13

The warning from the U.S. health director caused a drop in Asian alcoholic beverage stocks.

①After the Director of the Health Bureau in the USA called for cancer warning labels on Alcoholic Beverages last Friday, the Stocks of Asian liquor manufacturers fell on Monday. ② Edward Mundy, an Analyst at Jefferies Financial, wrote that the market is adopting a "shoot first and ask questions later" strategy to deal with potential health warnings and cancer risk labels on Alcoholic Beverages in the USA.

cls.cnJan 6 14:17

The USA is going to add a "cancer warning" to alcoholic beverages, causing stocks related to alcohol to decline across the board.

The USA government's Medical Director Murthy has called for the addition of cancer risk warning labels on Alcoholic Beverages, stating that alcohol causes about 100,000 cancer cases and 20,000 cancer deaths in the USA each year. After the announcement, the stock price of Rémy Cointreau in France fell by 5%, and major beverage companies such as Anheuser-Busch Inbev and Diageo also saw declines.

wallstreetcnJan 4 13:24

The Surgeon General Pushes for Cancer Warnings Labels for Alcoholic Drinks

Seeking AlphaJan 3 20:30

Is Compañía Cervecerías Unidas S.A. (CCU) the Best Brewery Stock to Buy According to Hedge Funds?

Yahoo FinanceDec 31, 2024 18:51