Newsfeeds Archive - Spark Newswire

2 minute read

Cannabis Found Less Harmful Than Alcohol In New Study: Where Is The Demand Heading? Investor Market Tips

June 18, 12:51 AM

A recent study led by Dr. Erika Rosen of the Alcohol Research Group and RTI International and published in the Journal of Studies on Alcohol and Drugs, explores the differential impacts of alcohol, cannabis, and opioids on U.S. adults.

STZ

1 minute read

Here’s How Much $1000 Invested In Constellation Brands 15 Years Ago Would Be Worth Today

By Benzinga Insights

June 11, 3:00 PM

Constellation Brands (NYSE:STZ) has outperformed the market over the past 15 years by 9.36% on an annualized basis…

STZ

2 minute read

Boston Beer Company Gets A Spicy Buy Upgrade From Analyst Amid Other Beer Brands – Read Why

By Nabaparna Bhattacharya

May 14, 3:40 PM

Analyst upgrades Boston Beer Company to Buy, highlighting growth potential amid declining beer brands, while maintaining ratings for Constellation Brands and Molson Coors.

SAM

2 minute read

Canopy Growth’s Big Step Toward Entry Into US Cannabis Market As DEA Rescheduling Looms

By Jelena Martinovic

April 19, 1:28 PM

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) said that in connection with the creation of the company's non-voting and non-participating exchangeable shares, on Thursday, April 18, Greenstar Canada Investment Limited Partnership and CBG Holdings LLC, each a wholly-owned subsidiary of Constellation Brands Inc (NYSE: STZ) exchanged all 17,149,925 common shares in the capital of the company they collectively held for 17,149,925 exchangeable shares for no consideration. The CBG Group no longer holds any common shares of Canopy, as a result, the company said on Thursday. In connection with the termination of the investor rights agreement between CBG, Greenstar and Canopy Growth, the parties entered earlier and following the note exchange, Garth Hankinson, Judy Schmeling and James Sabia each provided notice to the company of his or her decision to resign from the board.

CGC

2 minute read

Cheers to Growth: Constellation Brands Gets Upgrade, Analyst Bullish on Beer Sales

By Shivani Kumaresan

April 15, 1:57 PM

Constellation Brands gets a Buy rating upgrade from Argus Research analyst John Staszak, with a bullish price target of $306. Fiscal Q4 2024 saw a 7% rise in comparable sales to $2.14 billion, surpassing estimates. Beer revenue surged by approximately 11%, boosting overall sales, leading to an optimistic EPS outlook for FY25 and FY26.

STZ

2 minute read

Uncategorized

Constellation Brands’ Continued Beer Strength Offsets Its Wine And Spirits Weakness

By Upwallstreet

April 15, 9:52 AM

Despite a decline in the wine and spirits business, Constellation Brands (NYSE: STZ) outperformed its expectations with beer sales with its latest quarterly report.

BUD

2 minute read

This Analyst With 86% Accuracy Rate Sees Around 32% Upside In Western Digital – Here Are 5 Stock Picks For Last Week From Wall Street’s Most Accurate Analysts

By Avi Kapoor

April 15, 8:57 AM

U.S. stocks closed lower on Friday, with the Dow Jones index falling around 475 points during the session.

ABR

1 minute read

These Analysts Boost Their Forecasts On Constellation Brands Following Upbeat Results

By Avi Kapoor

April 12, 9:38 AM

Constellation Brands Inc (NYSE: STZ) reported better-than-expected fourth-quarter financial results on Thursday.

STZ

2 minute read

Fear & Greed Index Moves To ‘Greed’ Zone Following PPI Data; Nasdaq record Sharp Gains

By Avi Kapoor

April 12, 3:00 AM

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the "Greed" zone on Thursday. U.S. stocks closed mostly higher on Thursday, with the Nasdaq Composite settling at a record level during the session.

3 minute read

Nasdaq Jumps 250 Points; Crude Oil Down 1%

By Avi Kapoor

April 11, 3:21 PM

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite surging more than 250 points on Thursday. The Dow traded up 0.18% to 38,532.50 while the NASDAQ rose 1.63% to 16,433.83. The S&P 500 also rose, gaining, 0.83% to 5,203.26.

APVO