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	<title>Stock Blog Hub &#187; Beverages &#8211; Wineries &amp; Distillers</title>
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		<title>(STZ) Constellation Brands First Quarter 2012 Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2011/07/06/stz-constellation-brands-first-quarter-2012-earnings-scorecard/78507</link>
		<comments>http://www.stockbloghub.com/2011/07/06/stz-constellation-brands-first-quarter-2012-earnings-scorecard/78507#comments</comments>
		<pubDate>Wed, 06 Jul 2011 21:20:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[STZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78507</guid>
		<description><![CDATA[Constellation Brands Inc. (STZ), the largest wine company in the world, posted its first-quarter 2012 results. Street analysts had nearly a week to ponder the news. In the subsequent paragraphs, we cover the recent earnings announcement, analysts&#8217; estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. Quarterly Review On June 30, 2011, Constellation Brands delivered an adjusted EPS of 39 cents in its first quarter ended May 31, 2011, outperforming the Zacks Consensus Estimate of 37 cents and improving by a penny from the prior-year quarters&#8217; earnings of 38 cents. Both the reported and prior-year quarter&#8217;s EPS excluded special items like inventory step-up costs, net gains/losses from its strategic business realignment initiatives and other items. Netting these items, the company reported EPS of 35 cents versus ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/06/stz-constellation-brands-first-quarter-2012-earnings-scorecard/78507/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STZ) U.S. Jobless Claims Remain High</title>
		<link>http://www.stockbloghub.com/2011/06/30/stz-u-s-jobless-claims-remain-high/78020</link>
		<comments>http://www.stockbloghub.com/2011/06/30/stz-u-s-jobless-claims-remain-high/78020#comments</comments>
		<pubDate>Thu, 30 Jun 2011 21:16:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[APOL]]></category>
		<category><![CDATA[Apollo Group Inc.]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[Darden Restaurants Inc.]]></category>
		<category><![CDATA[DRI]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[STZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78020</guid>
		<description><![CDATA[The positive momentum in the stock market over the last few days reflected growing expectations of a positive outcome for the Greek story. Wednesday&#8217;s successful parliamentary vote, to be followed by another vote today, paves the way for the beleaguered nation to get the funding lifeline from the EU/IMF combine. Hardly anyone expects this to be the end of Greece&#8217;s troubles. But it nevertheless removes the threat of an imminent default and the associated fear of global financial contagion. Stocks will likely reflect the lingering positivity of a diminishing Greek threat on this last day of the quarter. With the Greek story finally moving to the sidelines, the market&#8217;s focus will shift back to the unsettled domestic economic scene. Growth has remained sub-par in the first half of the year ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/30/stz-u-s-jobless-claims-remain-high/78020/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STZ) Constellation Brands Shines in First Quarter</title>
		<link>http://www.stockbloghub.com/2011/06/30/stz-constellation-brands-shines-in-first-quarter/78044</link>
		<comments>http://www.stockbloghub.com/2011/06/30/stz-constellation-brands-shines-in-first-quarter/78044#comments</comments>
		<pubDate>Thu, 30 Jun 2011 21:08:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[STZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78044</guid>
		<description><![CDATA[Leading wine distributor Constellation Brands Inc. (STZ) delivered an adjusted EPS of 39 cents in its first quarter ended May 31, 2011, outperforming the Zacks Consensus Estimate of 37 cents and improving by a penny from the prior-year quarters&#8217; earnings of 38 cents. Both the reported and prior-year quarter&#8217;s EPS excluded special items like inventory step-up costs, net gains/losses from its strategic business realignment initiatives and other items. Netting these items, the company reported EPS of 35 cents versus 22 cents in the year-ago quarter. Sales in the quarter plummeted 19.3% to $635.3 million from the year-ago quarter. An organic constant currency net sales increase of 2.0% was more than offset by divestitures of the Australian and U.K. wine business and U.K. cider business. However, sales for the quarter surpassed the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/30/stz-constellation-brands-shines-in-first-quarter/78044/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STZ) Constellation 2012 First Quarter Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/06/29/stz-constellation-2012-first-quarter-earnings-preview/77765</link>
		<comments>http://www.stockbloghub.com/2011/06/29/stz-constellation-2012-first-quarter-earnings-preview/77765#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:56:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[STZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77765</guid>
		<description><![CDATA[Constellation Brands Inc. (STZ) is scheduled to release its first-quarter 2012 results on Thursday, June 30, 2011. The Zacks Consensus Estimate is pegged at 38 cents a share for the first quarter of fiscal 2012, flat year over year. Fourth Quarter Performance Constellation Brands delivered an adjusted EPS of 35 cents in its fourth quarter ended February 28, 2011, outperforming the Zacks Consensus Estimate of 26 cents and improving 30% from 27 cents in the prior-year quarter. Both the reported and prior-year quarter’s EPS excluded special items like inventory step-up costs, net gains/losses from its strategic business realignment initiatives and other items. Netting these items, the company reported EPS of $1.32 versus a loss per share of 23 cents in the year-ago quarter. Sales in the quarter inched up 0.9% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/stz-constellation-2012-first-quarter-earnings-preview/77765/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DEO) Diageo Gets Permit to Enter China</title>
		<link>http://www.stockbloghub.com/2011/06/29/deo-diageo-gets-permit-to-enter-china/77784</link>
		<comments>http://www.stockbloghub.com/2011/06/29/deo-diageo-gets-permit-to-enter-china/77784#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:35:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Anheuser-busch Inbev]]></category>
		<category><![CDATA[BUD]]></category>
		<category><![CDATA[DEO]]></category>
		<category><![CDATA[Diageo plc]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Molson Coors Brewing Company]]></category>
		<category><![CDATA[TAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77784</guid>
		<description><![CDATA[The world’s largest spirits group, Diageo Plc. (DEO), got approval of the Chinese authorities to increase its stake in the Quanxing Group, a Chinese white spirits group based in Sichuan Province, taking its share to 53 per cent. On being the majority shareholder of Quanxing Group (which is 40% holder of Sichuan Swellfun Co.) Diageo gets the indirect control of Shuijingfang, the signature brand of Sichuan Swellfun. Shuijingfang is a famous brand of baijiu, a fiery spirit, which boasts being China’s oldest and uses distilling techniques that dates back to the 14th century. Baijiu that accounts for 32% of China&#8217;s alcoholic drinks market, reported 13% higher sales from the previous year, is about 45 times bigger than the Chinese market for whisky. Upon completion of the deal, Diageo would be ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/deo-diageo-gets-permit-to-enter-china/77784/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DEO) Diageo Plc &#8211; ADR- Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/04/22/deo-diageo-plc-adr-bear-of-the-day/34627</link>
		<comments>http://www.stockbloghub.com/2010/04/22/deo-diageo-plc-adr-bear-of-the-day/34627#comments</comments>
		<pubDate>Thu, 22 Apr 2010 21:01:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[DEO]]></category>
		<category><![CDATA[Diageo plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34627</guid>
		<description><![CDATA[We are downgrading our recommendation on Diageo Plc. (DEO) to Underperform from Neutral as we anticipate it to perform well below the broader market. The global economic downturn has negatively impacted demand for Diageo&#8217;s premium offerings, thereby affecting both top- and bottom-line performance. Moreover, the company is facing intense competition from other well-established players, which are aggressively expanding their presence through mergers and acquisitions. Further, exposure to seasonal fluctuations and adverse foreign currency translations also undermine the company&#8217;s future growth prospects and profitability. Diageo&#8217;s ADR is trading at a discount to the peer group, based on forward earnings estimates. Our long-term Underperform recommendation on the stock indicates that it would perform well below the broader market. Our target price of $64.00, 14.1X 2010 EPS, reflects this view. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/22/deo-diageo-plc-adr-bear-of-the-day/34627/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STZ) Constellation Brands Announces Plans to Buyback Shares</title>
		<link>http://www.stockbloghub.com/2010/04/20/stz-constellation-brands-announces-plans-to-buyback-shares/34385</link>
		<comments>http://www.stockbloghub.com/2010/04/20/stz-constellation-brands-announces-plans-to-buyback-shares/34385#comments</comments>
		<pubDate>Tue, 20 Apr 2010 21:17:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[STZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34385</guid>
		<description><![CDATA[Constellation Brands Inc. (STZ), the largest wine company in the world, has recently revealed plans to buyback 11 million shares for approximately $300 million. The repurchase deal would be made through Goldman Sachs Group Inc. (GS). Constellation will finance the repurchase deal by utilizing funds from its existing $842 million credit facility. The company anticipates the share buyback program to be accretive to fiscal 2011 earnings, and will update its fiscal earnings guidance once the transaction gets completed. Currently, Constellation anticipates fiscal 2011 earnings, excluding non-recurring items, in the range of $1.53 to $1.68 per share. Constellation has continuously been reducing leverage by deploying operating cash to pay down debt. Total debt at fiscal-end 2010 decreased by over $600 million year-over-year. At fiscal-end 2010, Constellation had cash and cash equivalents ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/20/stz-constellation-brands-announces-plans-to-buyback-shares/34385/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STZ) Constellation Brands Tops Consensus Earnings Estimate</title>
		<link>http://www.stockbloghub.com/2010/04/12/stz-constellation-brands-tops-consensus-earnings-estimate/33390</link>
		<comments>http://www.stockbloghub.com/2010/04/12/stz-constellation-brands-tops-consensus-earnings-estimate/33390#comments</comments>
		<pubDate>Mon, 12 Apr 2010 17:40:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[STZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33390</guid>
		<description><![CDATA[Constellation Brands (STZ), a leading global wine, spirits and other beverage producing company, reported fiscal 2010 fourth quarter earnings excluding non-recurring items of 27 cents per share. The earnings exceeded the Zacks Consensus Estimate by 3 cents. For fiscal 2010, Constellation reported earnings excluding one-time items of $1.69 per share, which also surpassed the Zacks Consensus Estimate by 3 cents. The quarterly results were primarily driven by global cost-cutting initiatives, de-levering of balance sheet, and continued stress on increasing sustainable free cash flow. Consolidated net sales decreased 4% year-over-year during the quarter to $709 million, largely due to the divesture of value spirits business and partially offset by currency exchange rate fluctuations. Constellation is working diligently with its distributor network in the U.S. to minimize the operational disruptions and realign ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/12/stz-constellation-brands-tops-consensus-earnings-estimate/33390/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BFB) Brown-Forman &#8211; ROE of 25.2% Bests Industry Average</title>
		<link>http://www.stockbloghub.com/2010/03/18/bfb-brown-forman-roe-of-25-2-bests-industry-average/31074</link>
		<comments>http://www.stockbloghub.com/2010/03/18/bfb-brown-forman-roe-of-25-2-bests-industry-average/31074#comments</comments>
		<pubDate>Thu, 18 Mar 2010 18:02:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[BFB]]></category>
		<category><![CDATA[Brown-forman Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31074</guid>
		<description><![CDATA[Brown-Forman (BFB) has current dividend yield of 2.2% and analysts expect the company to deliver long-term EPS growth of 10.1%. This Zacks Rank #2 stock trades at about 17x fiscal 2011 EPS estimates. Company Description Brown-Forman Corp. is one of the leading producers and distributors of premium alcoholic beverages in the world. The company has a strong portfolio of 29 brands Incorporatedluding Jack Daniel&#8217;s, Southern Comfort, Canadian Mist, and Finlandia. The Kentucky-based company markets its products in more than 135 countries. Fiscal Third-Quarter Results Revenue was up by nearly 10% to $861.7 million. Excluding a 17% rise in excise taxes, sales were up 7.6% to $637.4 million. Brown-Forman reported profit of $107.9 million, or 73 cents per share, down from 81 cents per share in the year prior but that ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/bfb-brown-forman-roe-of-25-2-bests-industry-average/31074/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BFB) Brown-Forman Reports Strong Sales</title>
		<link>http://www.stockbloghub.com/2010/03/10/bfb-brown-forman-reports-strong-sales/30309</link>
		<comments>http://www.stockbloghub.com/2010/03/10/bfb-brown-forman-reports-strong-sales/30309#comments</comments>
		<pubDate>Thu, 11 Mar 2010 02:45:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[BFB]]></category>
		<category><![CDATA[Brown-forman Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30309</guid>
		<description><![CDATA[Brown-Forman Corp. (BFB), one of the leading producers and distributors of premium alcoholic beverages in the world, posted fiscal 2010 third-quarter earnings of $107.9 million or $0.73 per share, compared to $123.4 million or $0.81 in the year-ago quarter. The quarterly earnings surpassed the Zacks Consensus Estimate by two cents. During the quarter, net sales increased 10% to $861.7 million compared to $784.1 million in the year-ago period. The increase was primarily due to strong sales of ready-to-drink brands. For the first nine months of fiscal 2010, the company also reported healthy sales of its ready-to-drink brands, along with strong sales of brands such as Gentleman Jack, Jack Daniel’s, and el Jimador. Brown-Forman’s gross profit increased 11% during the quarter to $410.9 million, while gross margin increased slightly to 47.7%. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/10/bfb-brown-forman-reports-strong-sales/30309/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BFB) Brown-Forman Corporation &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2010/01/27/bfb-brown-forman-corporation-bull-of-the-day/26124</link>
		<comments>http://www.stockbloghub.com/2010/01/27/bfb-brown-forman-corporation-bull-of-the-day/26124#comments</comments>
		<pubDate>Wed, 27 Jan 2010 18:33:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[BFB]]></category>
		<category><![CDATA[Brown-forman Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26124</guid>
		<description><![CDATA[Brown-Forman (BFB) is a well-established player in the premium alcoholic beverages industry and possesses a strong portfolio of globally recognized brands. Brown-Forman is currently undertaking initiatives to reduce overheads and boost profitability, which augurs well for future operating performance. Furthermore, Brown-Forman has a consistent track record of returning cash to shareholders in the form regular dividend payments. Our long-term recommendation on Brown-Forman is Outperform as we anticipate it to perform well above the broader market. However, intense competition from established as well as regional and local players in its markets may limit the above-market performance of the company. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/27/bfb-brown-forman-corporation-bull-of-the-day/26124/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STZ) Constellation Brands Consolidates Distribution</title>
		<link>http://www.stockbloghub.com/2009/10/16/stz-constellation-brands-consolidates-distribution/17818</link>
		<comments>http://www.stockbloghub.com/2009/10/16/stz-constellation-brands-consolidates-distribution/17818#comments</comments>
		<pubDate>Fri, 16 Oct 2009 23:47:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[STZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17818</guid>
		<description><![CDATA[Constellation Brands Inc. (STZ), the world’s leading wine company, has signed a multiyear distribution agreement with Young’s Market Co. and its affiliates (Young’s) as the company’s exclusive distributor in Alaska, Washington and Oregon. Young’s, a recognized market leader in the Pacific Northwest, already has a longstanding business relationship with Constellation. With more than 1 million cases sold annually, Constellation is currently Young’s largest supplier in volume in the Pacific Northwest. The company has recently signed a multi-year agreement with distributors to consolidate its network in the U.S. for better sales efforts. The main objectives of this realignment are improving organic growth, creating distributor teams focused exclusively on Constellation’s portfolio, and improving the coordination of marketing and promotional programs to support the brands.  Constellation is also in the process of rolling ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/16/stz-constellation-brands-consolidates-distribution/17818/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(CEDC) &#8211; Central European Distribution Corp &#8211; Estimates continue to revise their earnings estimates upward</title>
		<link>http://www.stockbloghub.com/2008/07/16/cedc-central-european-distribution-corp-estimates-continue-to-revise-their-earnings-estimates-upward/179</link>
		<comments>http://www.stockbloghub.com/2008/07/16/cedc-central-european-distribution-corp-estimates-continue-to-revise-their-earnings-estimates-upward/179#comments</comments>
		<pubDate>Wed, 16 Jul 2008 23:11:13 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Beverages - Wineries & Distillers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[CEDC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001179/2008/07/16/cedc-central-european-distribution-corp-estimates-continue-to-revise-their-earnings-estimates-upward</guid>
		<description><![CDATA[Central European Distribution Corporation (CEDC) shares just broke through a key level of resistance and set a new 52-week and all-time high. The company&#8217;s stock price has had a great year, advancing from less than $47 a share to this recent high-water mark above $77, an impressive return of more than 60%. Estimates continue to revise their earnings estimates upward.Central European Distribution Corporation imports and distributes alcoholic beverages in Poland, Russia and Easter Europe. The company was founded in 1990, carries a market cap. of $3.16 billion and is based Bala Cynwyd, Pennsylvania. Another Solid Quarter CEDC reported very solid first-quarter results on Apr 30. Sales were up 37% from the same period last year to $313.6 million. On a U.S. GAAP basis, net income surged ahead, jumping to $18.5 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/07/16/cedc-central-european-distribution-corp-estimates-continue-to-revise-their-earnings-estimates-upward/179/feed</wfw:commentRss>
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