Corona

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...

Constellation Brands, Inc. (NYSE: STZ) has difficulty walking the line, according to Credit Suisse. The company continues to stumble over decelerating growth in its Mexican beer line, ultimately insignificant acquisitions in the wine and spirit space, and general underperformance regarding its...

While Donald Trump's inauguration to the United States presidency is imminent, visibility into his proposed policy issues remains cloudy. On the campaign trail, Trump promised many protectionist measures, in support of and promoting his slogan "Make America Great Again." Notable...

Citi raised its estimates and price target on Constellation Brands, Inc. (NYSE: STZ) after better-than-expected second-quarter earnings on strong demand for beer and wine/spirits. Constellation Brands reported second-quarter adjusted EPS of $1.77, which beat consensus estimates by 11 cents, driven...

Morgan Stanley has resumed coverage of Anheuser Busch Inbev SA (ADR) (NYSE: BUD) with an Overweight rating, saying the acquisition of SABMiller significantly boosts Anheuser-Busch volume and sales growth. "We believe ABInBev offers the best combination of organic sales growth and self help across...

Credit Suisse sees higher risk to Constellation Brands, Inc. (NYSE: STZ)'s earnings potentials until fiscal year 2018. Analysts Laurent Grandet and Clay Crumbliss also see pricing power as being pressured to retain volume growth. As a result, the analysts project EPS 2–3 percent below Street...

Constellation Brands, Inc. (NYSE: STZ) came out with better-than-expected quarterly numbers on Thursday. Sales of the company rose 5 percent to $1.36 billion for the quarter, while EPS rose 34 percent to $1.06 year-over-year. Constellation Brands CEO Rob Sands was on CNBC recently to discuss...

According to a Gallup Poll released July 23, the American adult beverage of choice is beer. Of those Americans who consume alcohol, 41 percent prefer beer, 31 percent wine and 23 percent named liquor. As of 2013, there were about 2,822 breweries in the U.S, including 119 regional breweries,...

Summer is here, and the U.S. stock market is heating up. Although the old adage on Wall Street is to "sell in May and go away," in 2014 that would have been a mistake, with the S&P 500 gaining around four percent since May 1. In fact, in recent days, both the S&P 500 and Dow...

Los Angeles Clippers owner Donald Sterling learned that derogatory comments about race are not tolerated—not just by fans, the public, politicians, and civil rights leaders but also by companies that write big checks to your team. CarMax (NYSE: KMX) on Monday became the first company to end its...