Constellation Brands' 4Q earnings pop on Modelo, Corona sales
The group is introducing new lines of beer and Corona Premier is poised for U.S. launch in the first fiscal quarter of 2019
Company
NYSE:STZ
Constellation Brands Inc is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand and Italy.
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The group is introducing new lines of beer and Corona Premier is poised for U.S. launch in the first fiscal quarter of 2019
A look at some highllght movers before the bell in New York on Thursday - the last tradinbg day of the quarter
The CLV joint venture will immediately start developing a premium four-beer range.
After a slow start, stocks picked up the pace, with the Dow enjoying its best week since the first week of last month
Net income was ahead of last year's comparatives as well as market expectations
Terpenes are the essential oils found in plants that carry flavour and aroma..
Constellation is the US$42bn company behind Corona beer, while Canopy Growth Corp is the world’s largest publicly traded cannabis firm
Hardware & electrical equipment
A look at what's moving the share needle and interest ahead of the bell in New York
Constellation Brands also hiked its adjusted EPS outlook to US$8.25 to US$8.40 from US$7.90 to US$8.10.
US stock tickers pared losses early on Thursday as oil prices lifted and cancelled out a slew of poor labour market data and company-specific news which upset investors
WTI crude for November delivery just failed to climb to the US$50 a barrel level