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Constellation Brands Inc (STZ.N)

STZ.N on New York Stock Exchange

219.54USD
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Fri, Jan 5 2018

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Constellation third quarter sales miss, no hit from legalized pot

Constellation Brands Inc missed Wall Street estimates for third quarter revenue on Friday and said wine and spirit sales for the full-year would be at the low end of a previous forecast, sending its shares down as much as 4 percent.

UPDATE 2-Constellation Q3 sales miss, no hit from legalised pot

Jan 5 Constellation Brands Inc missed Wall Street estimates for third quarter revenue on Friday and said wine and spirit sales for the full-year would be at the low end of a previous forecast, sending its shares down as much as 4 percent.

Constellation Brands' third-quarter profit jumps 21 percent

Jan 5 Premium beer maker Constellation Brands Inc posted a 21 percent surge in profits for its third quarter, as retailers stocked more Corona Extra and Modelo Especial beers during Labor Day and Thanksgiving.

Breakingviews - Constellation Brands takes the party up a notch

NEW YORK (Reuters Breakingviews) - Ever since Colorado, Washington and other states legalized marijuana, the conventional wisdom has been that the U.S. weed business would in a matter of years move from a cottage industry into the arms of Big Tobacco. But Constellation Brands, maker of Svedka vodka and Corona beer, just dropped something into that punchbowl. It's taking the legit ganja party up a notch.

UPDATE 4-Constellation hedges bets on pot boom with Canopy stake

Oct 30 Constellation Brands Inc has bought a nearly 10 percent stake in Canadian cannabis maker Canopy Growth Corp for about C$245 million ($191 million), the first major wine, beer and spirits producer to invest in legal cannabis.

BRIEF-Constellation Brands takes 9.9% stake in Canopy Growth Corp

* Constellation Brands to acquire minority stake in Canopy Growth Corporation

BRIEF-Canopy Growth gets C$245 mln investment from Constellation Brands

* Canopy Growth establishes groundbreaking strategic relationship with Constellation Brands

Constellation Brands takes stake in marijuana maker Canopy Growth

Oct 30 Constellation Brands Inc said on Monday it took a 9.9 percent stake in cannabis maker Canopy Growth Corp for about C$245 million ($191.06 million), becoming the first major beer and spirits company to invest in legal cannabis.

BRIEF-Constellation Brands plans to nationally launch Corona Premier beginning in fiscal 2019

* Earthquakes in Mexico did not have an impact on production operations there - CEO on Conf call

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