10:00 AM EST - Molson Coors Brewing Company : Reported results for the 2018 second quarter. Net sales were $3.1 billion, decreased by 0.2%, due to lower financial volume and the adoption of the new revenue recognition accounting standard. Underlying net income increased 10.6%, driven by cost savings, lower income tax expense, lower interest expense and positive net pricing. Net income per diluted share was $1.96, compared to $1.52 in the prior-year quarter, an increase of 28.9%. Molson Coors Brewing Company
shares T.TPX.B are trading up $0.97 at $92.48.
