Beverages – Wineries & Distillers

(STZ) Constellation Brands Hits Yearly High

The shares of Constellation Brands Inc. (STZ) went on to craft a new high of $49.23 on Monday, Apr 8. This alcoholic beverage company eventually closed at $48.57, up 1.5% from the previous day’s session and generated a year-to-date...

18Apr2013 | | Comments Off on (STZ) Constellation Brands Hits Yearly High | Continued

(STZ) Constellation Brands Touches All-Time High

Shares of Constellation Brands Inc. (STZ) soared to a new 52-week high of $45.92 on Friday, Mar 15, as the company continues to gain from sturdy third-quarter fiscal 2013 performance and a strong outlook. Further, a consistent rise...

4Apr2013 | | Comments Off on (STZ) Constellation Brands Touches All-Time High | Continued

(STZ) Constellation Brands Attains All-Time High

Shares of Constellation Brands Inc. (STZ) soared to a new 52-week high of $44.99 on Monday, Feb 25, as the company continues to gain from the sturdy third-quarter fiscal 2013 performance and a strong outlook. Further, a consistent...

26Feb2013 | | Comments Off on (STZ) Constellation Brands Attains All-Time High | Continued

(DEO) Beam Plans to Redeem Preferred Stock

Headquartered in Deerfield, Beam Inc. (BEAM) recently announced its plan to redeem $2.67 Convertible Preferred Stock of the holders of record as of November 15, 2012, on November 20, 2012. The $2.67 Convertible Preferred Stock was...

30Aug2012 | | Comments Off on (DEO) Beam Plans to Redeem Preferred Stock | Continued

(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,...

6Jul2011 | | 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 funding lifeline from...

30Jun2011 | | 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...

30Jun2011 | | 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...

29Jun2011 | | 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...

29Jun2011 | | 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...

22Apr2010 | | 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...

20Apr2010 | | 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...

12Apr2010 | | 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...

18Mar2010 | | 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...

10Mar2010 | | 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...

27Jan2010 | | 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 leader...

16Oct2009 | | 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 impressive return of...

16Jul2008 | | 0 comments | Continued