12:03 PM EST - Molson Coors Brewing Co. : on Tuesday reported a sharp decline in its second-quarter profit, hurt by charges and higher energy and commodity costs. Excluding charges, earnings dropped 2% and missed analysts' forecast. The company's revenues were up 4.8% for the quarter. For second-quarter, the Denver, Colorado-based brewer reported net income of US$80.9 million, or US$0.43 per share, lower than US$184.9 million, or US$1.02 per share, reported last year. Molson Coors Brewing Co.
shares T.TAP.A are trading unchanged at $56.00.