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
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Wall Street's bears have a serious grip on the stock market, a hold that can only add to volatility in the week ahead.
Could the alcoholic beverage industry be ripe for a boost as consumers seek cheap thrills this summer?
Fortune's CEO explains his strategy to steer clear of the worse of the housing debacle.
Believe it or not, there are plenty of similarities between picking the right bottle and finding the right stocks.
Following are the day’s biggest winners and losers. Find out why shares of Dell and Fluor popped while True Religion and Western Refining dropped
Following are the day’s biggest winners and losers. Find out why shares of Schering-Plough and Constellation Brands popped while MEMC Electronics and Cisco dropped.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. As investors try to numb the pain of a weakening economy the world’s largest wine company offers many ‘tastes for life’’ from California cabernets to a New Zealand chardonnays. And for those in a different sort of spirit the company also distributes Corona beer and Black Velvet vodka. Investors had nothing to whine about today after this company posted better than expected earnings. Who is it?
407,000 initial jobless claims is the highest since the 425,000 reading of Sept 16, 2005. Disappointing. Futures dropped 8 points, bonds rallied. Continuing concerns over writedowns of European banks caused a brief rally in the dollar, but the poor jobless claims has taken much of the gains out.
Conventional wisdown suggests that in good times people drink and in bad times people drink more. Should you buy the liquor company stocks to defend your portfolio from the credit crunch and slowing economy?
Americans may be drinking less, but they're drinking better.
For several years, rum distillers have been trying to ditch the product's image, which is so closely linked to pirates, palm trees, and cheap daiquiri drinks, in an attempt to capture their fair share of sales to cocktail-swilling trendsetters.
Stocks skidded back into correction territory as investors worried that the tumbling economy may not only cripple mortgage lenders like Countrywide Financial but create problems for other companies like AT&T.
Constellation Brands plans to buy the U.S. wine business of Fortune Brands for $885 million, the companies said Monday.
You might say Constellation Brands (STZ) is a sparkling company, at least currently. The world's largest winemaker (as well as the manufacturer of Corona and more) is trading up 1.5% after it upped guidance and reported earnings that beat Street estimates. Can Constellation sustain growth or is it likely to fizzle?
Here are my morning observations: 1) If there's anything there is a consensus on, it's that the four-year decline in volatility is now ending. The implications of this are very important for hedge funds and active investors, particularly those that employ a quantitative strategy: 1) fewer concentrated portfolios (spreading out risk), 2) an unwinding of leverage, and 3) sector rotation.
Alcoholic drinks company Constellation Brands reported a stronger-than-expected quarterly profit Thursday and raised its full-year earnings outlook, helped by higher sales of branded wine and spirits.
October's normally the month to fear on Wall Street, but it'll be hard to top the scary volatility of the summer. A hefty economic calendar, the start of corporate earnings season, news from the mired housing market, and the continuing unwinding of the credit crunch will keep market volatility high this coming month.
Constellation Brands Thursday posted a quarterly profit far above Wall Street estimates, as its efforts to cut the amount of wine it ships to U.S. distributors did not hurt sales as much as expected.
Constellation Brands CEO Richard Sands joins the guys for a spirited discussion as they go behind the headlines and give you their take on ... Merck ... the railroads... and more. Find out where they're making fast money.