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STZ Sells Two Wine Businesses - Analyst Blog
Monday, December 27, 2010 - 11:03am | 491Constellation Brands Inc. (STZ ), the world's leading wine company, has inked a deal with a private equity company in Sydney named as Champ to sell 80% of its Australian and U.K business (Constellation Wines Australia and Europe or CWAE) for A$290 million. The company hinted that it would retain...
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STZ Sells Two Wine Businesses - Analyst Blog
Monday, December 27, 2010 - 10:30am | 491Constellation Brands Inc. (STZ ), the world's leading wine company, has inked a deal with a private equity company in Sydney named as Champ to sell 80% of its Australian and U.K business (Constellation Wines Australia and Europe or CWAE) for A$290 million. The company hinted that it would retain...
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3 Stocks For New Year's (DEO, DPZ, RUTH)
Monday, December 27, 2010 - 8:49am | 195New Year's Eve is just around the corner, and it's a time to celebrate all the positives and prosperity you've achieved this year and look forward to the good things and the hope that next year will bring. Some stocks to consider for a "New Year's Eve trade" are Ruth's Hospitality Group Inc. (...
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5 Stocks For Jobless Claims (TGT, WMT, MO, DEO, BUD)
Thursday, December 23, 2010 - 8:44am | 188Jobless claims for the week ending December 18 were just released and the numbers were a little bit better than expected, with initial claims coming in at 420,000 down 3,000 from last week. Continuing claims fell to 4.064 million from 4.075 million. As less people are out of work and spending...
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Three “Backdoor” Ways to Play Emerging Markets in 2011
Wednesday, December 22, 2010 - 7:00am | 1363Most experienced globetrotters have come across a copy of Rick Steves' Europe Through the Back Door in one of their travels. Appealing to budget-conscious students and backpackers, Steves' book gives tips on how to avoid many of the expensive pitfalls of foreign travel and offers cheaper “backdoor...
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Unconfirmed Rumors Persist that Constellation Brands Inc. (STZ) has been offered over $30.00 per share by Private Equity
Wednesday, December 15, 2010 - 11:47am | 38Unconfirmed Rumors Persist that Constellation Brands Inc. (STZ) has been offered over $30.00 per share by Private Equity.(STZ)could not be reached for comment.
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Brown-Forman Beats Estimate - Analyst Blog
Monday, December 13, 2010 - 9:33am | 617Brown-Forman Corp. (BF.B), a leading global producer and distributor of premium alcoholic beverages, recorded fiscal 2011 second-quarter earnings of $154.0 million or $1.05 per share, compared with $147.3 million or 99 cents in the year-ago quarter. Quarterly result outpaced the Zacks Consensus...
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Brown-Forman Beats Estimate - Analyst Blog
Monday, December 13, 2010 - 9:03am | 617Brown-Forman Corp. (BF.B), a leading global producer and distributor of premium alcoholic beverages, recorded fiscal 2011 second-quarter earnings of $154.0 million or $1.05 per share, compared with $147.3 million or 99 cents in the year-ago quarter. Quarterly result outpaced the Zacks Consensus...
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Zings Of The Day
Friday, December 10, 2010 - 3:59pm | 110Diageo (NYSE: DEO), maker of Johnny Walker whiskey is in talks to buy a Turkish spirits producer. I'll let you know if you guys should buy it. Just let me sample some of their products first. MBIA (NYSE: MBI) is suing Morgan Stanley (NYSE: MS) for fraud. Isn't this the guilty suing the guilt?...
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Three-way Split for Fortune Brands - Analyst Blog
Thursday, December 9, 2010 - 12:30pm | 475Fortune Brands Inc. (FO) announced its intention to split the company into three separate parts, giving investors pure plays in golf, home products and alcoholic drinks. The company revealed that it would spin off its home and security business to shareholders in a tax-free transaction. Fortune...
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Three-way Split for Fortune Brands - Analyst Blog
Thursday, December 9, 2010 - 12:03pm | 475Fortune Brands Inc. (FO) announced its intention to split the company into three separate parts, giving investors pure plays in golf, home products and alcoholic drinks. The company revealed that it would spin off its home and security business to shareholders in a tax-free transaction. Fortune...
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Unconfirmed Rumors Circulate that Constellation Brands Inc. (STZ) will be acquired Anheuser-Busch InBev (BUD) at $29.00 a share
Thursday, December 9, 2010 - 10:21am | 31Unconfirmed Rumors Circulate that Constellation Brands Inc. (STZ) will be acquired Anheuser-Busch InBev (BUD) at $29.00 a share..
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Deutsche Bank Has Buy Rating On Central European Distribution (CEDC)
Tuesday, November 30, 2010 - 7:53am | 89Deutsche Bank has a Buy rating and a $36 price target on Central European Distribution Corp (NASDAQ: CEDC). In a note sent to clients, Deutsche Bank writes, "CEDC has signed a binding agreement accelerating its 2013 call option on the acquisition of the remaining 20% stake in Whitehall. In addition...
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Top 4 Stocks In The Beverages-Wineries & Distillers Industry With The Highest Cash (DEO, BF-B, CEDC, STZ)
Tuesday, November 23, 2010 - 5:36am | 139Below are the top beverages-wineries & distillers' stocks on the NYSE and the NASDAQ in terms of cash. Diageo Plc (NYSE: DEO) had $2.32 billion in total cash and $14.10 billion in total debt for the latest quarter. Brown-Forman Corporation (NYSE: BF-B) had $261.50 million in total cash for the...
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Mad Money Lightning Round OT: Cramer Likes Liquor Business (TIVO, HCN, DEO, BF.B, FO)
Sunday, November 21, 2010 - 1:35pm | 207On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he is not a buyer of TiVo Inc. (NASDAQ: TIVO). There is nothing special about this stock, added Cramer. TiVo (TIVO) gained 0.22% on Friday, and closed at $8.99. Health Care REIT, Inc. (NYSE: HCN) is one of the best plays that you can get...