Constellation Brands Inc (STZb.N)
10 Feb 2016
Jan 21 Dunkin' Brands Inc has signed a master franchise agreement with Grand Parade Investments Ltd to open its first Dunkin' Donuts and Baskin-Robbins restaurants in South Africa.
* Shares rise as much as 7.6 pct to record high (Adds details on new plant, expansions; updates shares)
Jan 7 Constellation Brands Inc reported a 6.4 percent rise in third-quarter net sales, helped by higher demand for its Corona and Modelo beer brands.
Employee-owned New Belgium Brewing Company, which owns craft beer brand Fat Tire, is looking for a buyer that could the value the U.S. company at more than $1 billion, according to people familiar with the matter.
Dec 17 Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Hilltop Holdings, Ignyta and Pandora Media, on Thursday. HIGHLIGHTS * Apple : RBC cuts target price to $140 from $150; rating outperform * Geron Corp : Janney starts with buy * Blue Bird Corp : Stifel starts with buy; target price $14 * Pandora Media Inc : Albert Fried & Company raises to overweight from underweight * Adtran :
(The following statement was released by the rating agency) CHICAGO, November 19 (Fitch) Fitch Ratings has assigned a 'BB+/RR4' rating to Constellation Brands, Inc.'s proposed $400 million senior unsecured notes offering due 2025. The Rating Outlook is Stable. The company intends to use the net proceeds from this offering to fund a portion of the consideration for Constellation's pending acquisition of Ballast Point, which is expected to close before Dec. 31, 2015. Constellation expects to u
(The following statement was released by the rating agency) CHICAGO, November 17 (Fitch) Fitch Ratings has affirmed all of the ratings for Constellation Brands Inc. (Constellation) and its subsidiary, CIH International S.a.r.l., including the Issuer Default Ratings (IDR) at 'BB+'. The rating affirmation follows the announcement by Constellation that it has entered into a definitive agreement to acquire Home Brew Mart which includes craft beer brand, Ballast Point, for a total consideration
Constellation Brands Inc said it will buy Sculpin IPA-owner Ballast Point Brewing & Spirits for about $1 billion to enter the fast-growing craft beer market, in what will be its biggest acquisition since 2012.
* Constellation shares up 1.5 pct in afternoon trading (Adds Constellation CEO comments, details, shares)
Nov 16 Brewer Constellation Brands Inc said it will buy San Diego-based craft beer maker Ballast Point Brewing & Spirits for about $1 billion to compete in the fast-growing craft beer market.
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