Corona

President Donald Trump's announced tariffs on Canada, Mexico and China could impact many sectors and see retailers and companies raising prices on consumers to offset the higher prices. Here's a look at the sectors and stocks that could be hurt the most by Trump's tariffs and retaliatory efforts by...

American beer drinkers could see some of their favorite beverages cost more in the coming years if President-elect Donald Trump's plan to place a 25% tariff on Mexican imports goes through. What Happened: Trump has promised to put tariffs on countries like China, Mexico and Canada when he is...

Millions of eyes will be glued to televisions over the next two weeks, with the 2024 Summer Olympics kicking off in Paris on July 26. Here's a look at six companies that could experience a boost in interest and their financials from the 2024 Summer Olympics. Comcast Corporation (NASDAQ:CMCSA): The...

Twitter Inc (NYSE: TWTR) is one of the two go-to destinations for beer companies to market their brand, according to real-time competitive analytics firm BrandTotal. Constellation Is Winning The Battle: Twitter, along with Facebook Inc.'s (NASDAQ: FB) Instagram platform, are the two...

Marketing executives at Corona beer's parent company Constellation Brands, Inc. (NYSE: STZ) were concerned in early 2020 the brand's unfortunate name resemblance with the coronavirus would impact sales, The Wall Street Journal reported. 'Added Layer' Of Pressure: As the coronavirus...

The sky isn’t the only place with stars. If you live in California you might run into one, and if you like Corona, you might have drank one. The parent company of Corona, Modelo Especial and others is Constellation Brands, Inc. (NYSE: STZ), and its stock ticker is short for “stars...

New York City over the weekend hosted the Beer Marketer's Insights (BMI) conference with multiple themes discussed and management teams offering presentations. Bank of America analyst Bryan Spillane attended the event and offered multiple industry-wide and company specific takeaways. Disruptive...

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Appetite for avocados is fueling violence in Mexico; Hyundai picks Claudia Marquez as CEO in Mexico; Arconic closes Texas aluminum plant; and Corona beer to be brewed in...

Investors were trickling out of the Constellation Brands, Inc. (NYSE: STZ) party on Thursday and Friday, but sell-side analysts urged them to relax, pop open a cold one, and stick around with the stock. “A lull in the party calls for more beer,” wrote one analyst. And the beer was good...

The hard seltzer alcohol market has exploded over the last year and could expand to a $2.5 billion market by 2021 and Constellation Brands, Inc. (NYSE: STZ) could see part of its beer portfolio negatively impacted from the growing category, according to UBS. The Analyst UBS analyst Sean King...

Constellation Brands, Inc. (NYSE: STZ) held a presentation this week with Street analysts to discuss its beer business outlook, which left at least two analysts positive on the outlook. The Main Takeaways Constellation Brands' presentation was led by incoming CEO Bill Newlands, Beer President...

Constellation Brands, Inc. (NYSE: STZ) traded down 12 percent Wednesday after management cut 2019 guidance to account for its Canopy Growth Corp (NYSE: CGC) investment. Considering interest expenses for Canopy financing, the company now projects 2019 earnings per share between $9.20 and $9.30...

Shares of Canopy Growth Corp (NYSE: CGC) skyrocketed higher by more than 50 percent early Wednesday morning in reaction to an expansion of its partnership with the beverage alcohol company Constellation Brands, Inc. (NYSE: STZ). What Happened Canopy and Constellation initially struck a partnership...

BMO Capital Markets analyst Amit Sharma initiated coverage across the alcoholic beverage sector.  Constellation Brands, Inc. (NYSE: STZ) with an Outperform rating and $275 price target. Molson Coors Brewing Co (NYSE: TAP) with an Outperform rating and $95 price target. Brown-Forman...

Constellation Brands, Inc. (NYSE: STZ) has difficulty walking the line, according to Credit Suisse. The company continues to stumble over decelerating growth in its Mexican beer line, ultimately insignificant acquisitions in the wine and spirit space, and general underperformance regarding its...