alcohol

BMO Capital Markets analyst Amit Sharma initiated coverage across the alcoholic beverage sector.  Constellation Brands, Inc. (NYSE: STZ) with an Outperform rating and $275 price target. Molson Coors Brewing Co (NYSE: TAP) with an Outperform rating and $95 price target. Brown-Forman...

Generation Z is growing up with an aversion to alcohol, in part because its members don’t want to look wasted when they take selfies with their fancy smartphones. Millennials? They’re starting families, furthering careers and acting more responsibly, which makes their trademark binge...

The American alcohol market has shown impressive growth rates, especially over other countries where drinking beer and spirits is engraved in its culture, Berenberg's Javier Gonzalez Lastra and Matt Reid commented in a research report. For example, alcoholic consumption in the U.S. rose by 15...

What does a $4,944 bottle of Hennessy cognac have in common with a $7.49 bottle of Mogen David “Mad Dog 20/20” red, rotgut wine? Both can be delivered to your doorstep these days, and it’s dooming the local liquor store. It’s a familiar story of online sales creating a brick...

Getting drunk early and often is an equal opportunity affliction, according to a new study, which shows alcoholism rising sharply across every demo of drinkers. Whether they prefer moonshine or merlot, one out of every eight Americans has an alcohol disorder, according to a study published this...

Capitalizing on an expansion in beer margins, Constellation Brands, Inc. (NYSE: STZ) is expecting to continue its momentum. Thus, Wells Fargo senior analyst Bonnie Herzog reiterated her Outperform rating and raised her price target from $205 to $215. Beer, Wine Margin Expansion Generates Top-Line...

Shares of Brown-Forman Corporation (NYSE: BF-B), the company behind many notable alcohol brands, fell nearly 3 percent Thursday after the company's fourth-quarter earnings report fell short of expectations due to a stronger dollar and the sale of the Southern Comfort brand. Q1 Positives Brown-...

We know that the fate of some industries better aligns with one political party over others. We’d never expect cannabis growers to vote Republican, and, at least last election cycle, private prisons were disincentivized to vote Democrat. But beer, wine and liquor producers seem less resolute...

Too much of anything is a poison, and moderation is recommended for anything to work in a positive manner. This seems to ring right and true even for alcohol, as a drinking binge can cause several health to physiological to psychological to behavioral issues. That said, analysis of some studies has...

Trevor Stirling of Bernstein detailed in a research report on Wednesday an overview of the U.S. spirits and alcohol market throughout 2016. Highlights From 2016 Here are some of the highlights: Industry volume growth rose 2.4 percent, fell short of the pre-recession average of 3.3 percent. Irish...

The world’s largest tequila producer, José Cuervo (NYSE: JOSE), successfully launched its long-awaited IPO Wednesday to join the ranks of public companies capitalizing on vice. On day one, the affectionately termed “sin stock” raised more than $900 million with an IPO...

In recognition of National Beer Lover's Day (September 7), Benzinga researched The Drink Exchange technology, which relies on consumer behavior to price alcoholic drinks at a bar or restaurant establishment. Essentially, drink prices fluctuate based on real-time demand. Like the stock market...

Alcohol consumption could lead to heart issues, according to a new study that compared hospital admissions in "wet" and "dry" counties in Texas. The study was published in the British Medical Journal and picked up by the Wall Street Journal. The study concluded that chronic heavy drinking is...

Unfortunately for investors, it may be much easier these days to find a good beer than to find a good beer stock. According to Citi analyst Wendy Nicholson, U.S. consumers are drinking more wine and spirits, which has put pressure on the beer business. Craft beer has been a strong growth segment in...

What do you do when it's 1 a.m. and you don't want to head out to a bar for last call, but might want a drink or two ? If you're living in London, England, there there's a new app to solve this problem. According to Tech Crunch, Bevy will deliver on-demand alcohol to customers...