Corona Beer Maker Constellation’s Quarterly Profit Misses Estimates


Constellation Brands Inc on Friday reported a lower-than-expected quarterly profit due to higher marketing and transportation costs, leading the Corona beer maker to maintain its full-year earnings fo

 

Rooftop Vineyard Brings Local Wine To New Yorkers


When Devin Shomaker thinks about growing grapes, he doesn’t imagine the rolling hills of California’s Napa Valley or the greenery of New York’s Finger Lakes region.

 

Russian Standard Creditors Threaten Collateral Call If Bond Not Paid


Russian Standard Ltd creditors have threatened to begin calling in collateral if the company linked to Rustam Tariko, who owns Russian Standard Bank and founded Russian Standard Vodka, does not pay a

 

Tough Vodka Market Weighs On Campari’s First-quarter Sales


A tough market for vodka and weak demand in Brazil hit Campari's sales in the first quarter although it benefited from the growing popularity of its Aperol liqueur.

 

Anheuser-busch Inbev Picks Patent Fight With Heineken Over…


Anheuser-Busch Inbev SA, the world's largest beer brewer, on Monday filed lawsuits accusing rival Heineken NV of using its patented beer-dispensing technology without authorization.

 

Mexico’s Coca-cola Femsa To Pay $125 Mln For Guatemala Bottler


Mexico's Coca-Cola Femsa , the world's largest Coke bottler, said on Wednesday a subsidiary had reached a deal to acquire a Guatemala-based Coke bottler and distributor for $124.6 million.

 

Update 1-shine Taken Off Remy Cointreau’s Higher Sales By Concerns…


* Remy shares fall, worst stock on Paris SBF-120 market

 

Diageo’s East African Breweries Aims To Tap Rising Spirits Demand…


* EABL's spirits sales growth outpacing beer

 

Rpt-as Corporate-government Tax Pacts Falter, Coca-cola Challenges…


(Repeats to widen readership)

 

Constellation Brands Results Beat On Higher Demand For Corona Beer


Constellation Brands Inc reported fourth-quarter sales and profit on Thursday above Wall Street estimates, driven by strong demand for its Corona and Modelo beers and premium wines.

 
 
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