- Splash Beverage Group Inc (NYSE:SBEV) has signed an agreement with AB-ONE distributor Northern Eagle Beverage Company to distribute its products in New Jersey’s Bergen, Hudson, Essex, and Passaic Counties.
- Northern Eagle Beverage is an independently owned wholesaler and distributor headquartered in Carlstadt, New Jersey.
- Northern Eagle Beverage will distribute SALT Tequila, Copa di Vino wines by the glass, and Pulpoloco Sangria beverage brands.
- “New Jersey’s Northern Eagle Beverage Company puts our three premium products on the shelves in 4 highly populated NJ counties,” said CEO Robert Nistico.
- Price Action: SBEV shares are trading higher by 1.86% at $2.65 on the last check Tuesday.
BMO Capital Downgrades Restaurant Brands Intl to Market Perform, Lowers Price Target to $63
BMO Capital analyst Peter Sklar downgrades Restaurant Brands Intl (NYSE:QSR) from Outperform to Market Perform and lowers the price target from $80 to $63.