Friday, March 12, 2010

Molson Coors’ 4Q profit rises on tax benefits (AP)

February 9, 2010 by Muhammad Qasim · Leave a Comment 

Molson Coors’ 4Q profit rises on tax benefits
(AP)

In this photo made Dec. 8, 2009, Coors Light is seen on display at Costco in Mountain View, Calif. Molson Coors said Tuesday, Feb. 9, 2010, its fourth-quarter profit more than doubled because of favorable tax benefits even as it sold fewer beers.(AP Photo/Paul Sakuma)AP – Molson Coors Brewing Co. sold fewer beers around the world in the fourth quarter, but its profit more than doubled as the company held onto price hikes it made during the recession and benefited from a one-time drop in its tax rate.

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Molson Coors’ 4Q profit rises on tax benefits
(AP)
| Molson Coors’ 4Q profit rises on tax benefits
(AP)

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