Company
Constellation Brands Inc
NYSE:STZ
Constellation Brands Inc is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand and Italy.
92 stories
Nasdaq closes strongly as investors balance inflation risks and geopolitical talks
US and Iranian negotiators are set to meet in Islamabad later today, but the backdrop remains fragile
Archive
S&P 500 notches another record close this week, big tech gets a boost
Speaking Thursday at an IMF event moderated by CNBC's Sara Eisen, Federal Reserve Chairman Jerome Powell said that there remains room for more economic recovery as what's occured so far hasn't been well rounded
Hill Street Beverage's alcohol-free beer headed to Quebec stores; reveals personnel additions and private placement
This milestone is part of Hill Street’s plan to make its full suite of brands available to consumers in the province with the most alcohol-free consumption
Buds & Duds: Cannabis stocks in sea of red as companies feel the pinch from cash crunch
MedMen Enterprises which climbed last week after announcing cost-cutting measures gave back all its gains
Corona beer firm Constellation Brands sees second quarter results dented by big write-down in Canopy Growth investment
The group took a $839 million write-down on the investment's value, having ploughed more than $4 billion in to the loss-making company
EXCLUSIVE: Ex-Canopy Growth co-CEO Bruce Linton reflects on his termination and where he's now focusing his efforts
In an interview with Proactive, former Canopy co-CEO Bruce Linton spoke about his sudden termination and where he plans to throw his energy after building the world's largest cannabis company. In short? He'll still be busy and he's also loo
Hardware & electrical equipment
Canopy Growth’s loss is Martello Technologies gain as Bruce Linton’s focus shifts
Former Canopy Growth co-CEO Linton says he will be helping Martello ‘out a bit more’ after stepping down from Canopy
Lifestyle Global Brands founder: Infused cannabis beverages could compete with alcohol
The beverage company is about to launch its first THC-infused beverage in North America
Investments and investor services
MjLink.com unveils speaker roster for MjMicro cannabis investor forum in New York
Leading off the June 25 event will be presentations from Canopy Growth, Viridian Capital Advisors, Acreage Holdings and Sadis Goldberg
Investments and investor services
Hill Street Beverage CEO sees opportunity as beer industry reels after latest tariffs strike Mexican goods
Terry Donnelly believes craft brewers who don't import from Mexico could benefit from Trump's latest tariff threat
Canopy Growth acquires London skincare company This Works for $54 million
CEO Bruce Linton says CBD has the potential to ‘disrupt the cosmetic and sleep solution industries’
Investments and investor services
Corona maker Constellation shares hop amid strong fiscal 4Q numbers. sale of wine labels
The impressive results followed an announcement that the company was selling about 30 wine and spirit brands to E&J Gallo Winery
Buds & Duds: Canopy Growth declines before release of 3Q fiscal earnings
Also on the move are Crop Infrastructure, MedMen Enterprises and Next Green Wave Holdings
Buds & Duds: Youngevity rallies on deal to buy Khrysos Global for US$16M in cash and stock
Also on the move are Canopy Growth, 1933 Industries, Canntab Therapeutics and iAnthus Capital
Investments and investor services
Canopy Growth pours C$30M into Canopy Rivers
'By increasing Canopy Growth's investment in Canopy Rivers, we are demonstrating our interest in growing great companies,' said CEO Bruce Linton
Canopy Growth stock climbs after Piper Jaffray raises price target to $60 from $40
Analysts Michael Lavery and Jeffrey Kratky said the Canadian cannabis company’s success in receiving a hemp license in New York is "a tangible first step forward”
Canada's Canopy Growth shares bloom as it receives license to develop industrial hemp in New York
Canopy said it plans to invest between US$100 million and US$150 million in the new site
Archive
EARLY MOVERS: Kohl's shares take a beating after holiday sales disappoint, while Bed Bath & Beyond continues to shine
Also in the frame in pre-market is another retailer - Target Corp - and house builder KB Home
Archive
Late Movers: Apple gains after report of iPhone production cuts
Sears edged up after a judge gave Chairman Eddie Lampert another chance to buy the retailer out of bankruptcy and save 50,000 jobs
Investments and investor services
Constellation Brands cuts EPS guidance for full year as it counts cost of Canopy Growth investment
The New York-headquartered group said it expects to earn between $9.20 and $9.30 per share for its 2019 fiscal year
Buds & Duds: cannabis stocks end on a low note, despite news from Congress
Cannabis stocks dropped Tuesday, despite news that Congress was close to finishing a farm bill, which includes provisions to legalize hemp
Buds & Duds: Cannabis stocks were fired up after midterms, but end the week on a low note
Voters in Michigan, Missouri and Utah voted ‘yes’ on marijuana proposals in Tuesday’s election
Buds & Duds: Cannabis stocks on a high after midterm wins and Sessions’ exit
Voters in Michigan, Missouri and Utah voted ‘yes’ on marijuana proposals Tuesday
Buds & Duds: Cannabis stocks riding high ahead of the US midterm election
Voters in Michigan, North Dakota, Missouri and Utah will vote on marijuana proposals Tuesday
Buds & Duds: High times for The Green Organic Dutchman and Auxly Cannabis
Auxly Cannabis recently closed its acquisition of Uruguay-based cannabis company Inverell S.A.
Cannabis stocks end the week on a mixed note as some major players take a hit
Big names in cannabis, including Aurora Cannabis and Cronos, fared well Friday afternoon
Constellation Brands closes $4B investment in Canopy Growth
The transaction, which was unveiled last August, has been approved by a majority of Canopy Growth shareholders
CryptoCann™ Report: Nasdaq wins patent for blockchain newswire service; Constellation may sell off wine brands to focus on cannabis
The patent details how the system would share information using smart contracts added to the blockchain
Puration shares pop after saying it's pouring more resources in cannabis beverage business
Company wants to take advantage of the move by major beverage players into the cannabis sector
Aphria responds to talk that US tobacco giant Altria Group is looking to take a stake in the Canadian cannabis grower
At the same time, the Canadian cannabis grower doesn't deny that talks are happening
Canopy Growth shares rise as it completes legal medical cannabis export to US from Canada
Co-CEO Mark Zekulin says that through federally legal means and with the right partners, Canopy can create a US-based center of expertise for cannabis and cannabinoids research
Alcohol companies get a buzz from playing offense in cannabis industry
Constellation Brands CEO Rob Sands said the Corona beer maker is “extremely bullish” on its investment in Canadian cannabis company Canopy Growth
Constellation Brands shares rally on stellar fiscal 2Q earnings that beat Street; cannabis investment tops $1B in gains
The maker of Corona beer increased its fiscal 2019 guidance to a range of $9.60 a share to $9.75 a share, from its previous estimate of $9.40 a share to $9.70 a share
Tilray’s price target ditched by Roth Capital due to ‘unprecedented volatility’
Roth Capital analyst Scott Fortune reiterated a Neutral rating, but removed Tilray’s price target
Zelda Therapeutics doses first patient in insomnia clinical trial
The study is being led by one of Australia’s leading sleep research centres.
Investments and investor services
Waiting to inhale? Cannabis stocks like Tilray are only going to go higher
Bob Byrne explains why the recent hype-filled price action that surrounded Tilray shares does not appear to have dampened the prospects of this still immature and momentum-driven industry
Canadian cannabis stocks have more than doubled since Constellation deal with Canopy Growth, says Stifel
Stifel analyst Christopher Growe credits Canopy Growth’s deal with Constellation Brands with starting the surge
Buds & Duds: A wild Wednesday to say the least; Tilray doubles, then gets halted
Tilray stock prices doubled and the stock was halted -- twice -- Wednesday after it received approval to export a medical cannabis product to the US the day before
Why Canopy Growth’s deal with Constellation was the best - and worst - thing for the shares
Trader and market watcher Tim Collins says the deal gives Canopy long-term stability but loses some its thunder compared to stocks like Tilray
Short-seller Andrew Left’s Citron Research says surge in cannabis company Tilray is 'beyond comprehension'
Left was previously bullish on Tilray but has since changed his tune
Hardware & electrical equipment
Tilray CEO encourages pharma and booze companies to enter the cannabis space; shares soar
CEO Brendan Kennedy tells CNBC's Jim Cramer that the cannabis space is potentially worth US$150bn
Buds & Duds: Reality bites as cannabis stocks tank on bubble fears
The summer honeymoon and a correction may be in order for cannabis stocks, as cannabis stocks plummeted on Thursday
Constellation Brands expects worldwide cannabis market to explode to US$200bn business in 'fairly short order'
The maker of Corona beer said global cannabis markets were evolving rapidly and would grow to greater than US$200bn in revenue within 15 years
Canopy Growth cements strategic tie-up with Centric Health to supply medical cannabis
The Canadian cannabis company has secured a multi-year supply and service agreement to supply medical cannabis to seniors
Buds & Duds: Cannabis stocks flying high; Canopy Growth surges to new heights, up 15%
Canopy Growth jumped to a new high on Tuesday, up 15.4% at C$68.83, making it the 45th biggest company on the Toronto Stock Exchange
Canopy Growth shares jump after Cowen analyst raises price target
Analyst Vivien Azer reiterated an Outperform rating, raising the price target to C$74 from C$56
AusCann Group well positioned as investors move in on medical cannabis sector
The company is a vertically integrated player thanks to early-mover partnerships.
Investments and investor services
CannaRoyalty’s focus beyond Canada is more than just California Dreamin’
Unlike most Canadian operators, CannaRoyalty has opted to direct the bulk of its attention in California
CryptoCann™ Report: India’s central bank sets up cryptocurrency, blockchain unit; Tilray secures cannabis supply deal with Nova Scotia Liquor
Pot stocks were high on mergers, acquisitions, license agreements, and on expectations that major beverage makers including Diageo would strike deals with cannabis companies
CryptoCann™ Report: Teen hacker allegedly steals US$1mln in crypto via SIM card scheme; Cannabis lighting company Solis Tek adds Peter Najarian to board
CNBC contributor Peter Najarian will join the board of the cannabis-focused horticulture lighting company
Cannabis movers: Canadian cannabis stocks recover after highs and lows; Cronos up 12.6%
Canadian cannabis stocks stabilized on Tuesday after a tumulous week but some movers prevailed; Cronos up 12.6%
Cannabis stocks in Canada recover after a whirlwind week; Canopy Growth up 8.6% on Friday
Cannabis stocks stabilized in Canada on Friday after doing significant drops and bumps this week on the back of a host of news in the country that is nearing recreational legalized marijuana in Oct.
Cannabis stocks rocket upwards in Canada on the back of funding and acquisition announcements; Canopy Growth up 31%
Cannabis stocks did an about-face on Wednesday as they soared in Canada after a host of positive news, after dropping sharply Tuesday.
CryptoCann™ Report: Crypto investor sues AT&T for US$224mln over loss; Tidal Royalty inks deal with Illinois Cannabis Company
Tidal Royalty will provide Illinois Cannabis Company with financing in exchange for 15% of net sales royalty
Investments and investor services
Constellation Brands ups stake in Canopy Growth, invests an additional US$4bn
Constellation Brands CEO said he sees a 'tremendous growth' opportunity in the cannabis market
Constellation Brands' stake in weed firm Canopy Growth paying off
Cannabis is a buzz topic in Canada currently. Last month Canada passed a law legalising the recreational use of marijuana
PRE-MARKET MOVERS: Tesla boss Musk in farting unicorn image row; Wells Fargo and big banks up in pre-market
Constellation Brands and Nike were also in the telescopic spotlight of investors before the bell
Carlyle Group agrees to buy Australian winemaker Accolade for US$772mln - report
Accolade produces mass-market brands including Hardy's
Constellation Brands' 4Q earnings pop on Modelo, Corona sales
The group is introducing new lines of beer and Corona Premier is poised for U.S. launch in the first fiscal quarter of 2019
CME Group Inc, Constellation Brands, Sportsman's Warehouse Holdings - PRE-MARKET
A look at some highllght movers before the bell in New York on Thursday - the last tradinbg day of the quarter
Creso Pharma to generate new revenue stream through cannabis beverage market
The CLV joint venture will immediately start developing a premium four-beer range.
First week of 2018 characterised by succession of new closing highs
After a slow start, stocks picked up the pace, with the Dow enjoying its best week since the first week of last month
Corona owner Constellation Brands reveals 21% rise in quarterly profit
Net income was ahead of last year's comparatives as well as market expectations
LGC Capital shares fizz as it forms joint venture to enter cannabis infused drinks industry
Terpenes are the essential oils found in plants that carry flavour and aroma..
Constellation Brands takes 10% stake in Canopy Growth in 'game changing' deal for cannabis industry
Constellation is the US$42bn company behind Corona beer, while Canopy Growth Corp is the world’s largest publicly traded cannabis firm
Hardware & electrical equipment
Apple, Dynegy, Vistra Energy, Constellation Brands – PRE-MARKET
A look at what's moving the share needle and interest ahead of the bell in New York
Constellation Brands shares rise premarket after second quarter results outshine market expectations
Constellation Brands also hiked its adjusted EPS outlook to US$8.25 to US$8.40 from US$7.90 to US$8.10.
US stocks rudderless after higher oil prices cancel out poor labour data
US stock tickers pared losses early on Thursday as oil prices lifted and cancelled out a slew of poor labour market data and company-specific news which upset investors
Oil stocks lead the way as stocks bounce back
WTI crude for November delivery just failed to climb to the US$50 a barrel level