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Zacks News
Founded in 1945 and headquartered in Victor, NY, Constellation Brands Inc. produces and markets beer, wine and spirits. It is the third-largest beer company and a leading, high-end wine company in the United States. It has a strong portfolio of high-quality brands, including Corona, Modelo Especial, Robert Mondavi, Kim Crawford, Meiomi and SVEDKA Vodka. The company conducts its operations in the United States, Mexico, Italy and New Zealand.
Likely Canopy-Acreage Deal Looks Good Enough to Boost ETF MJ
by Sanghamitra Saha
Canopy Growth will probably purchase the rights to buy Acreage Holdings to tap the growing potential of the U.S. marijuana market. This should bolster the ETF MJ.
Marijuana ETF Down 9% in Past Month: Time to Enter the Space?
by Sanghamitra Saha
Growing global acceptance, increasing legalization and beaten-down prices open up room for marijuana ETF investing.
Will Craft Brewers Mar Beer Industry's Fortunes?
by Nitish Marwah
Prudent marketing strategies and acquisition of smaller brewers in the country have paid off for the bigger players.
The Zacks Analyst Blog Highlights: Constellation Brand, Canopy Growth, Aurora Cannabis, Cronos and Tilray
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Constellation Brand, Canopy Growth, Aurora Cannabis, Cronos and Tilray
4 Marijuana Stocks to Watch in 2019
by Tirthankar Chakraborty
According to Arcview Market Research and BDS Analytics, global consumer marijuana outlays are estimated to climb 38% to $16.9 billion this year, up from a projected $12.2 billion last year, $9.5 billion in 2017, and $6.9 billion in 2016.
Constellation Makes Big Cannabis Bet
by Daniel Laboe
Constellation Brands have been continuously adding to their stake in Canopy Growth (CGC), which is the leading player in the Canadian cannabis market. STZ just added another $4 billion investment in August bringing its total stake in Canopy to 38% ownership.
Company News For Apr 5, 2019
by Zacks Equity Research
Companies in the news are: TSLA, STZ, ODP and DIS
Constellation Brands (STZ) Catches Eye: Stock Jumps 6.5%
by Zacks Equity Research
Constellation Brands (STZ) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
Constellation Brands (STZ) Q4 Earnings & Sales Beat Estimates
by Zacks Equity Research
Constellation Brands' (STZ) fourth-quarter fiscal 2019 results gain from solid portfolio depletions and market share growth in the beer business. However, the wine & spirits business remains a weak spot.
Constellation Brands (STZ) Q4 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Constellation Brands (STZ) delivered earnings and revenue surprises of 7.60% and 4.18%, respectively, for the quarter ended February 2019. Do the numbers hold clues to what lies ahead for the stock?
Owens-Illinois Inks $188M Deal to Buy Mexican Glass Facility
by Zacks Equity Research
The Nueva Fanal acquisition helps expands the Owens-Illinois' (OI) presence in Mexican market.
3 Reasons Why You Must Hold on to Boston Beer (SAM) Stock
by Zacks Equity Research
Boston Beer (SAM) witnesses strength from momentum in shipment volumes and strong depletions. However, soft trends in the Samuel Adams brand and higher costs remain headwinds.
Factors to Know Ahead of PriceSmart's (PSMT) Q2 Earnings
by Zacks Equity Research
PriceSmart (PSMT) has been grappling with soft comparable net merchandise sales performance for quite some time now. This may impact second-quarter results.
Can Constellation Brands (STZ) Keep the Earnings Surprise Streak Alive?
by Zacks Equity Research
Constellation Brands (STZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Constellation Brands (STZ) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Constellation Brands (STZ) closed the most recent trading day at $172.33, moving +1.3% from the previous trading session.
Factors Likely to Shape Constellation Brands (STZ) Q4 Earnings
by Zacks Equity Research
Constellation Brands (STZ) gains from constant brand-building efforts, acquisitions and e-commerce initiatives. However, a soft outlook for fiscal 2019 and higher costs are concerning.
Analysts Estimate Constellation Brands (STZ) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Constellation Brands (STZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Constellation Brands (STZ) Stock Moves -0.12%: What You Should Know
by Zacks Equity Research
Constellation Brands (STZ) closed the most recent trading day at $169.18, moving -0.12% from the previous trading session.
Constellation Brands (STZ) Stock Moves -0.03%: What You Should Know
by Zacks Equity Research
In the latest trading session, Constellation Brands (STZ) closed at $170.61, marking a -0.03% move from the previous day.
Owens-Illinois Announces $60M Expansion Project in Europe
by Zacks Equity Research
Owens-Illinois (OI) plans to add capacity in Europe in order to cater to the rising demand of glass containers in the region.
Here's Why You Should Hold on to Owens-Illinois Stock for Now
by Zacks Equity Research
We suggest investors to retain Owens-Illinois (OI) stock in their portfolio as it is poised to generate superior returns.
Constellation Brands (STZ) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Constellation Brands (STZ) closed at $166.19 in the latest trading session, marking a -0.86% move from the prior day.
Robust Demand to Drive Owens-Illinois, High Debt a Concern
by Zacks Equity Research
Owens-Illinois (OI) is poised to deliver higher earnings and cash flow generation in 2019, backed by favorable market trends and continuous focus on structural cost reductions.
Big Week for Data and News Leaves Stocks Broadly Unchanged
by David Borun
With a large amount of conflicting information, the equity markets barely budged throughout the week
Marijuana Stocks and ETFs: Risks and Rewards
by Neena Mishra
Pot stocks are soaring again. To learn more about risks and rewards of investing in marijuana stocks and ETFs, check out this Exploring ETFs video.