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Constellation Brands Inc

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  • Stocks Skid Back Into Correction Territory Tuesday, 8 Jan 2008 | 2:56 PM ET

    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 Plans to Buy Fortune's Wine Business Monday, 12 Nov 2007 | 9:04 AM ET

    Constellation Brands plans to buy the U.S. wine business of Fortune Brands for $885 million, the companies said Monday.

  • Raise A Glass To Prosperity Friday, 5 Oct 2007 | 4:15 PM ET

    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?

  • Volatility Decline Appears To Have Ended Thursday, 4 Oct 2007 | 9:41 AM ET

    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.

  • Constellation Brands Profit Rises; Raises Forecast Thursday, 4 Oct 2007 | 9:13 AM ET

    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.

  • Will October Spook the Market? Monday, 1 Oct 2007 | 1:58 PM ET

    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 Profit Drops 65%, Names New CEO Thursday, 28 Jun 2007 | 10:54 AM ET
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    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.

  • The Word on Chips, Liquor and more... Friday, 13 Apr 2007 | 9:21 PM ET

    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.

  • Constellation Brands' Fourth-Quarter Profit Rises 21% Thursday, 5 Apr 2007 | 9:18 AM ET

    Wine and spirits producer and marketer Constellation Brands said Thursday its fourth-quarter net income grew 21%, as strong wine sales helped offset a drop in sales of imported beer and competition in the British market.

  • It's Time for the Lightning Round! Monday, 2 Apr 2007 | 6:39 PM ET

    The Lightning Round is back, and the callers are especially revved up. Cramer's got the word on Akamai, Cheesecake Factory and a lot more.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • In Stocks, Vice Beats Virtue Friday, 2 Mar 2007 | 6:54 PM ET

    Sin pays. You can invest in good corporate citizens and go nowhere, or you can get down with alcohol, tobacco and firearms to really make some money. Don’t believe us? Here’s proof.

  • Shares of  Constellation Brands  fell to a two-year low after the company provided a weak fiscal-year 2008 forecast, citing ongoing challenges in the U.K. retail environment and an oversupply of Australian wine.

  • Analyst: Distillers Suffering From "Low Spirits" Friday, 12 Jan 2007 | 11:00 AM ET

    It’s been a hard time out there for hard liquor. The Dow Jones Distillers & Vintners Index is down 10% YTD. On “Squawk on the Street,” CNBC's Mark Haines asked Brent Wilsey, president of Wilsey Asset Management why the winemakers and distilleries seem to be suffering from somewhat of a hangover.

  • Constellation Brands Profit Falls, Cuts 2007 Outlook Thursday, 4 Jan 2007 | 1:06 PM ET

    Constellation Brands, the world's largest wine maker by volume, said its quarterly profit fell 1.1% and lowered its fiscal 2007 outlook citing tough competition in the U.K.

  • Constellation CEO Says Blame The Brits Thursday, 4 Jan 2007 | 12:00 PM ET
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    Investors are not toasting Constellation Brands today.  The spirits giant missed 3Q estimates and lowered its profit outlook for 2007. On CNBC’s “Morning Call” Constellation Brands Chairman and CEO Richard Sands explained what went wrong

  • "There's fresh money that comes in at this time of year," said Muriel Siebert, the founder and president of Muriel Siebert, a discount brokerage based in New York.  "There's just so much money sloshing around. The hedge funds and the private equity people have put so much money into this market."