Is Constellation Brands Brewing a Comeback?
The debt-laden maker of wine, beer, and spirits reported profits that beat forecasts. But will a restructuring and focus on premium brands boost its stock?
Constellation Brands 1Q profit drops 85 percent
Constellation Brands Inc. said Wednesday that its fiscal first-quarter profit slid 85 percent partly on increased restructuring charges, but the wine company's adjusted results still beat Wall Street expectations.
Constellation Brands Reports Decrease In Net Sales
Constellation Brands has reported that the net sales decreased 15% for first quarter of fiscal 2010. Total spirits organic net sales increased 13% for the quarter, led by a 33% gain for SVEDKA Vodka.
Howell Mountain's Cade: Greenest' winery has a golden future
High up on Howell Mountain, newly opened Cade Winery gets more than the average amount of sun...Its mountainside exposure is attributable for Cade's opening with the claim of being the "greenest," exclusively solar-powered winery in California. Did we mention it is also organically farmed?
