Beverages – Wineries & Distillers
(STZ) Constellation Brands First Quarter 2012 Earnings Scorecard
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’ estimate revisions as...
6Jul2011 | vitalstocks | 0 comments | Continued(STZ) U.S. Jobless Claims Remain High
The positive momentum in the stock market over the last few days reflected growing expectations of a positive outcome for the Greek story. Wednesday’s successful parliamentary vote, to be followed by another vote today, paves the way for the beleaguered nation to get the...
30Jun2011 | vitalstocks | 0 comments | Continued(STZ) Constellation Brands Shines in First Quarter
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’ earnings of 38 cents. Both...
30Jun2011 | vitalstocks | 0 comments | Continued(STZ) Constellation 2012 First Quarter Earnings Preview
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...
29Jun2011 | vitalstocks | 0 comments | Continued(DEO) Diageo Gets Permit to Enter China
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...
29Jun2011 | vitalstocks | 0 comments | Continued(DEO) Diageo Plc – ADR- Bear of the Day
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’s premium offerings, thereby affecting both top-...
22Apr2010 | vitalstocks | 0 comments | Continued(STZ) Constellation Brands Announces Plans to Buyback Shares
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...
20Apr2010 | vitalstocks | 0 comments | Continued(STZ) Constellation Brands Tops Consensus Earnings Estimate
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...
12Apr2010 | vitalstocks | 0 comments | Continued(BFB) Brown-Forman – ROE of 25.2% Bests Industry Average
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...
18Mar2010 | vitalstocks | 0 comments | Continued(BFB) Brown-Forman Reports Strong Sales
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...
10Mar2010 | vitalstocks | 0 comments | Continued(BFB) Brown-Forman Corporation – Bull of the Day
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...
27Jan2010 | vitalstocks | 0 comments | Continued(STZ) Constellation Brands Consolidates Distribution
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...
16Oct2009 | vitalstocks | 0 comments | Continued(CEDC) – Central European Distribution Corp – Estimates continue to revise their earnings estimates upward
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’s stock price has had a great year, advancing from less than $47 a share to this recent high-water mark above $77, an...
16Jul2008 | Shawn | 0 comments | Continued