Constellation Brands

Modelo Especial, a popular Mexican beer, has outpaced Bud Light in sales, dethroning the latter from its position as America’s favorite beer. This shift underscores a significant change in consumer tastes and preferences. What Happened: According to a Tuesday report by Fortune, despite a...

S&P Dow Jones Indices announced changes to the S&P/TSX Composite Index, which will take effect on June 19, including the removal of Canopy Growth Corporation (NASDAQ: CGC) from the index, a major market benchmark. This decision by S&P Dow Jones Indices highlights Canopy's...

Welcome to halftime. Sorry, there’s no concert.  There’s also not a lot of action in the markets after a mixed performance overseas earlier Wednesday. We’re in wait-and-see mode ahead of Friday’s monthly payrolls report, so it wouldn’t be surprising if this is...

Benzinga has featured a look at many investor favorite stocks over the past week. Some of those calls featured travel and transportation stocks. Other calls focused on food and beverage stocks. Independence Day is upon us, meaning summer is undeniably in full swing. It is a time for taking trips...

Just a few quarterly reports are scheduled for this week. An alcoholic beverage giant, an agricultural products giant and a leading drug store operator are on deck to share their latest results. The new earnings season really kicks into high gear in mid-January. The new earnings...

Constellation Brands, Inc. (NYSE: STZ), the parent company behind iconic alcoholic brands including Corona and other national brands, announced several notable updates to its M&A activity. First, the company reached an agreement to sell its Canadian wine business to the Ontario Teachers'...

Upcoming earnings highlights include the latest results from two consumer goods giants. Consensus Wall Street forecasts see lower earnings from each of them. But only one of them is expected to show some growth on the top line. In another quiet week on the earnings front, reports from consumer...

Earnings reports are due from Bed Bath & Beyond Inc. (NASDAQ: BBBY) and Monsanto Company (NYSE: MON) this week. Wall Street expectations are mixed to low for their quarterly results. The fourth-quarter earnings season begins in mid-January. While we have turned the calendar page on a new...

Reports from KB Home (NYSE: KBH) and Walgreens Boots Alliance Inc (NASDAQ: WBA) highlight another quiet earnings week. Top-line and bottom-line growth are predicted for both of them. The fourth-quarter earnings season begins in mid-January. While we have turned the calendar page on a new year,...

The week leading up to the Fourth of July holiday will be another quiet one on the earnings front. The new earnings season does not kick off until Alcoa and PepsiCo report their second-quarter results after Independence Day. But first, there are a few notable off-season reports to watch for this...

A new report by Susquehanna analyst Pablo Zuanic focuses on two big-name alcoholic beverage stocks: Constellation Brands, Inc. (NYSE: STZ) and Boston Beer Co Inc (NYSE: SAM). Although Susquehanna currently has Neutral ratings on both stocks, the firm sees more downside risk to Boston Beer...

U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...

Walgreen Company (NYSE: WAG) is the only significant name on the earnings docket this week, and expectations are rather muted as the drugstore giant works to complete its messy acquisition of European pharmacy giant Alliance Boots, which has prompted shares to languish since early August....

U.S. stocks rose for the third time in four days bringing the Dow back into positive territory for the year. Investors appeared to brush up poor retail sales from Macy's while focusing on business inventories that rose in June. On the international front, Ukraine said it would not allow...