St. Patrick's Day Celebrations Bumped
Up to Avoid Holy Week Conflict
For local imbibers, the situation is about as clear
as a glass of green beer.
The
early arrival this year of Holy Week - the seven
sacred days, beginning on Palm Sunday, that lead up
to Easter - has threatened to throw a wrench into
St. Patrick's Day celebrations for Roman Catholics
around the world.
Some American. cities have moved up their parades,
and bars in places will hold their annual nights of
revelry early. Normally St. Patrick's Day has been
on the March break, so it's strange that this year
it's not.
For those who like to hoist a glass of draft in
honour of Ireland's patron saint, the situation may
present a decision - go Saturday, or wait until
Monday.
What will you do?
InBev and Anheuser-Busch in discussions for
possible merger
Beer brewers InBev and Anheuser-Busch are in
discussions that could lead to a possible merger of
both the firms.
Since 2007, speculation has been rife about a merger
between the two companies. Adding to this, the Wall
Street Journal recently reported that the dialog
between the two entities assumed increased
seriousness and that a deal was likely to be
concluded in 2008. However, InBev and Anheuser-Busch
have declined to comment anything in this regard.
Bud joins the lime crowd
Anheuser-Busch will roll out Bud
Light Lime in May, backing it with a $35 million
marketing campaign. “We’re treating this as a big
launch,” Dave Peacock, vice president of marketing
at the company’s domestic beer subsidiary, said.
Last year A-B rival Miller Brewing introduced Miller
Chill, a beer flavored with lime and salt. It was
one of the year’s hottest beer product launches.
Miller’s “Brew Blog ” has been predicting that A-B
would counter with a product like this.
The national rollout of the Bud Light brand
extension is an effort to capitalize on the
popularity of flavored beers.
Anheuser-Busch and Miller had
independently concluded that flavored beers —
including ones that evoke brews popular in Latino
culture — can attract a wide following.
A-B’s confidence in the product is illustrated by
its decision to take it directly to a national
launch without testing it in regional markets. “We
can’t remember a Bud family product we didn’t put
into a test market,” said Peacock.
Anheuser-Busch profit up 12%
Anheuser-Busch, the nation's
largest brewer, said that a resurgence in beer sales
helped push its profit up 12 percent in the fourth
quarter, despite a slower economy.
The maker of Budweiser, Bud Light and other beers
earned $214 million, or 29 cents per share, in the
three months ended Dec. 31, up from $191 million, or
25 cents per share, in the same period in 2006.
Analysts polled however, had
expected earnings of 32 cents per share, but on
sales of $3.65 billion. Net sales after excise taxes
rose 8 percent to $3.7 billion from $3.4 billion a
year ago.
Beer is Bubbling Up in Fashionable Places
You pick up the glass, and after
admiring the dark color of the liquid, you bring
your nose to the rim and inhale. You take a sip,
swirl it around, then comment to the sommelier on
the full body of what you're tasting, with the hints
of chocolate, espresso and oatmeal in the finish.
The belly-up-to-the-bar stuff is taking on a whiff
of elegance. Restaurants host beer tastings. Beer
sommeliers assist diners in choosing the right match
for their meals. Chefs use beer in everything from
ice pops to complex sauces.
Craft brewers experimented with flavors and styles.
They traveled and tasted beers from around the
world. As a result, the range of flavors and quality
grew.
Beer's new prominence also has
raised the question of how to pair it with food—and
even an argument that beer is better at it than
wine. "Beer does a lot of things that wine has
trouble with," says Jim Koch, founder of Samuel
Adams. "Wine has trouble with spicy foods. You need
the malt body of beer to balance them. Wine has
trouble with fat and oil. The carbonation in beer
cleans the tongue.
Molson Coors profit blows past forecasts
By:
Cody Crawford
The University of King’s College
is incorporating every student’s favorite pastime
into study-time by turning beer and its history into
a university course.
This month the university is trying something new —
for the first time it is offering a course on beer.
Consequently, the university’s new course, coined
“Brewing Science: The History, Culture, and Science
of Beer” might sound like a dream course for some
students.
This is a serious course, said Gordon McOuat, the
man behind the course. McOuat said it will be taught
for only one year as a kind of experiment.
“It’s a one-off offering, that is we’re offering it
only once as a kind of experimental encounter with
the possibility of teaching a course that broadly
and deeply intertwines cultural history along with
the history of science, centered around a particular
social and technological development, that is,
brewing beer,” he said.
“I happened to have some of the oldest brewing
manuals from the early modern period in my rare book
collection, and with a lot of congruence [...] of
different interests, the students were bugging me
for a couple of years to put on a course on the
meaning of brewing from the ancient world to the
modern, and since I had a spot open this year, and
the lobbying was pretty intense, I decided to offer
it this year.”
Although the course is unprecedented, McOuat said he
had little difficulty getting the program approved.
McOuat said many local microbreweries have been
extremely supportive of the class as well, offering
to give tours and help set up the experiments the
class will conduct to recreate the original
conditions of breweries of years past.