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Opening Glance: Major beverage stocks rise

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April 30, 2008

NEW YORK—Major beverage stocks rose early Wednesday in line with the broader market as investors anticipated another interest rate cut by the Federal Reserve.

How shares of some major beverage makers performed just after the opening bell:

PepsiCo Inc. rose 24 cents to $68.44.

Coca-Cola Co. added 19 cents to $58.91.

Molson Coors Brewing Co. jumped $1.02 to $55.11.

Anheuser-Busch Cos. gained 82 cents to $50.23.

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