Constellation Brands (STZ) announced that third quarter profits increased as a result of marketing activity.
Recent offerings include Smashed Grapes and Monkey Bay from Constellation Wines U.S., a division of publicly held Constellation Brands.
The most likely white knights are Brown-Forman (owner of Jack Daniels whiskey) and Constellation Brands (Hardy wine, Corona beer).
Nor as cheap as U.S. wine and beer giant Constellation Brands ( STZ).
Constellation Brands (STZ) reports its third quarter earnings on Wednesday, January 9, 2013.
"The economics of wine are supply-driven, " says John Grant, president of Hardy Wine, a division of the U.S.' Constellation Brands.
Disrupting that way of thinking and transforming an entire market is exactly what Constellation Brands did with Black Box premium wines.
FORBES: Constellation Transforms The Wine Market With Inside The Box Thinking
Other stocks that we are less enthusiastic about their valuation in this segment include Constellation Brands, Heineken, and Kirin Holdings.
It is backed by Canada's two biggest wine companies, Vincor Canada (a subsidiary of Constellation Brands, an American wine giant) and Andrew Peller.
Bacardi or Brown-Forman (owner of Jack Daniels whiskey) or Constellation Brands (another American drinks group), would each find it hard to raise the money.
ECONOMIST: Does it make sense for Pernod Ricard to buy Allied Domecq?
In the alcoholic beverage category, we favor its competitor Constellation Brands (STZ), the proprietor of Robert Mondavi wines, Svedka vodka, and Black Velvet Canadian whiskey.
The majority of analysts (66.7%) rate Constellation Brands as a buy.
The majority of analysts (80%) rate Constellation Brands as a buy.
The Wall Street consensus is 55 cents per share, up 5.8% from a year ago when Constellation Brands reported earnings of 52 cents per share.
Industry sources polled in recent years by mergermarket have been reluctant to identify Constellation Brands as a takeover target because its founding Sands family remains its largest shareholder.
FORBES: With AB InBev's Superbowl Commercials Aired, M&A Next On Beer Industry Agenda
Recent offerings include Smashed Grapes and Monkey Bay from Constellation Wines U.S., a division of publicly held Constellation Brands (nyse: STZ - news - people ).
Analysts are expecting Constellation Brands to come in with earnings of 54 cents per share, down 29.9% from a year ago when it reported earnings of 77 cents per share.
Adult beverage owner Constellation Brands, Inc. (NYSE:STZ) has been an overachiever from a technical standpoint, boasting a year-to-date gain of about 25%, and a year-over-year advance of around 96%.
FORBES: Constellation Brands Doubles Since June, Still Beer In The Bottle
"The economics of wine are supply-driven, " says John Grant, president of Hardy Wine, a division of the U.S.' Constellation Brands (nyse: STZ - news - people ).
On the earnings front, expect to hear from Acuity Brands (AYI) on Tuesday, Marriott International (MAR) on Wednesday, International Speedway (ISCA) on Thursday, and Constellation Brands (STZ) as well as Trip Advisor (TRIP) on Friday.
Among the largest underlying components of FXG, in trading today Bunge Ltd. ( NYSE: BG) is off about 1.3%, Constellation Brands Inc ( NYSE: STZ) is off about 0.5%, and Archer Daniels Midland Co. ( NYSE: ADM) is lower by about 0.8%.
His son Tim, formerly the winemaker at Robert Mondavi Winery, had the curtain crash down on his own first act when the family lost control of the winery after it went public and was purchased by Constellation Brands, the creators of Wild Irish Rose, in 2004.
WSJ: Tim Mondavi of Continuum Estate, Making the Mondavi Legacy New Again | On Wine by Jay McInerney
Shares of ABI fell 6.3% in New York, and Grupo Modelo fell 7.1%, but the party that got hammered the worst was Constellation Brands, which was set to acquire the 50% of its Crown Imports joint venture with Grupo Modelo in a related transaction.
FORBES: Justice Department Tries To Break Up Budweiser-Corona Marriage
Returning home from a trip to that continent, Rapp contacted a larger beverage company in Rochester, Constellation Brands (formerly Canandaigua Brands), about helping him secure the U.S. license for DNA. The publicly held Constellation put up an undisclosed amount of cash last year in exchange for 30% of DNA's profit.
If the laws change, large beneficiaries might include large agricultural groups like Archer Daniels Midland (nyse: ADM - news - people ) and ConAgra Foods (nyse: CAG - news - people ) as potential growers or distributors and liquor businesses like Constellation Brands (nyse: STZ - news - people ) and Allied Domecq (nyse: AED - news - people ), which understand the distribution of intoxicants.
Under the revised agreement, Constellation, whose brands include Robert Mondavi, Clos du Bois and Manischewitz, would become the nation's third largest beer producer and seller, according to the company.
Constellation argues that the AB InBev and Modelo deal would increase competition in the U.S. by ultimately giving Constellation greater control over Corona and other brands.
应用推荐