PREVIEW-Hansen Q3 profit to top Street view on Monster growth
* What: Hansen Natural Q3 results
* When: Thursday, after market close
* Q3 profit likely to top analysts' estimates
* Monster beverage sales to drive results
By Mihir Dalal and Nivedita Bhattacharjee
BANGALORE, Nov 4 (Reuters) - Even as Monster-logoed Jenson Button edged out Red Bull's Sebastian Vettel to win the Formula 1 auto racing championship, US sales of Hansen Natural Corp's (HANS.O: Quote, Profile, Research) energy drink are pulling ahead of its Austrian rival.
With third-quarter results due Nov 5, Hansen is likely to post earnings above market expectations, boosted by market share gains for its Monster drink in a growing U.S. energy drinks market.
"Monster has a better brand proposition to the right demographics and a good marketing strategy," Canaccord Adams analyst Scott Van Winkle said.
Last week, on a conference call with analysts, Coca-Cola Enterprises Inc (CCE.N: Quote, Profile, Research) said Hansen's Monster Energy drink had accelerated its market share gains in the United States over the last couple of months. Continued...
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage




India
US
UK







