We think North American trends are solid and expect Europe to be much improved in 2006.

I'd rather have this thing filed sooner rather than later so we can deal with it.

We continue to believe the probability is very low that either Philip Morris or Reynolds American buys UST.

Demographic trends are working against the brewers.

Coke needs to prove that it can string two successful years together.

Our trade contacts indicate Reynolds American has already developed a product and will enter the market with Camel, possibly in conjunction with the Daytona 500 in mid-February.

Molson Coors' third-quarter results were driven primarily by a very favorable effective tax rate of 6.4 percent.