U.S. stocks closed mixed on Wednesday as the Dow and S&P 500 pushed into uncharted territory ahead of a government jobs report.» Read More
*JPMorgan falls, CEO says will be treated for cancer. NEW YORK, July 2- U.S. stocks ended one of their flattest sessions in years on Wednesday as a positive read on private sector employment wasn't enough to interest buyers ahead of the highly anticipated June payrolls report.
*JPMorgan falls, CEO says will be treated for cancer. NEW YORK, July 2- U.S. stocks were little changed on Wednesday as a positive read on private sector employment wasn't enough to get investors to keep buying ahead of the release of the closely watched June payrolls report on Thursday.
July 2- Constellation Brands Inc reported higher-than-expected quarterly revenue and profit as its advertising campaigns boosted sales of Corona and Modelo beer brands in the summer, sending its shares up 7 percent premarket.
July 2- Constellation Brands Inc reported higher-than-expected quarterly revenue, helped by increased sales of its beer brands such as Corona and Modelo, sending its shares up 7 percent in premarket trading. The company's net income rose to $206.7 million, or $1.03 per share, in the first quarter ended May 31, from $52.9 million, or 27 cents per share, a year earlier.
America may be the land of opportunity, however, if you're a stock picker, Cramer says you can do pretty well overseas, too!
There’s something about imported beer that Jim Cramer just loves. Really.
SYDNEY, May 23- Australia's Treasury Wine Estates Ltd, the world's No. 2 wine company, denied it was talks to be acquired by China's Bright Food Group Co Ltd, the latest potential suitor named in a string of media reports that have sent its share price surging.
SYDNEY, May 20- Australia's Treasury Wine Estates is betting its Penfolds brand and a cost-cutting new CEO will boost earnings and justify its decision to reject a $2.90 billion takeover offer from private equity giant Kohlberg Kravis Roberts& Co LP.
SYDNEY, May 20- Australia's Treasury Wine Estates, the world's second biggest winemaker by sales, said it rejected a A $3.1 billion takeover offer from private equity giant Kohlberg Kravis Roberts& Co LP on the grounds that it was too low.
The "Fast Money" traders share their final trades of the day.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
April 9- Constellation Brands Inc said it expects to spend upto $1.1 billion- almost double its previous forecast- to increase capacity at a Mexican brewery, hurting its full-year profit and cash flow forecasts and sending its shares down 5 percent.
Some of Wednesday's midday movers:
EPS $3.95- $4.15 vs est $3.95. April 9- Constellation Brands Inc reported a better-than-expected quarterly profit, helped by strong sales of beers such as Corona and Modelo in the United States.
Companies are making headlines before the bell.
April 9- Constellation Brands Inc reported a fourth-quarter profit that nearly doubled, helped by strong sales of its beers such as Corona and Modelo Especial in the United States. Net income rose to $157 million, or 79 cents per share, in the quarter ended Feb. 28, from $82 million, or 43 cents per share, a year earlier.
Traders will be looking to see if the Fed minutes take on a more hawkish tone, particularly after the Fed chair rattled the markets with comments following the release of the prior minutes.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday, after better-than-expected results from Alcoa.
Here's what Cramer will be watching and doing as earnings season gets underway in the week ahead.
Corona Beer is moving beyond the bottle. The brand will be boosting its presence on tap in bars and restaurants.