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Opening glance: Major beverage stocks mostly fall

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April 29, 2008

NEW YORK—Major beverage stocks mostly fell in early trading Tuesday as a widely watched measure of consumer sentiment fell further in April -- though not as much as analysts had anticipated.

The Consumer Confidence Index remains at its weakest point since March 2003.

Here's how shares of some major beverage makers performed just after the opening bell:

PepsiCo Inc. fell 14 cents to $68.02.

Coca-Cola Co. lost 35 cents to $58.63.

Molson Coors Brewing Co. fell 20 cents to $53.79.

Bucking the trend, Anheuser-Busch Cos. gained 47 cents to $49.10.

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