Beer

Alcoholic beverage maker Constellation Brands, Inc. (NYSE: STZ) reported beat-and-raise second-quarter results Thursday. What Happened Constellation Brands said it earned $2.87 per share in Q2 on revenue of $2.3 billion versus expectations of $2.60 per share and $2.25 billion. By segment, beer...

Shares of alcohol beverage maker Constellation Brands, Inc. (NYSE: STZ) have lost 7 percent year-to-date and the steep discount versus its peers makes it Jefferies' top large-cap growth idea. The Analyst Kevin Grundy maintains a Buy rating on Constellation Brands with an unchanged $283...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day 132 years ago, the Guinness Brewery went public on the London Stock Exchange. Where The Market Was The Guinness IPO predates both the Dow Jones Industrial Average and the S...

Interested in trying pancake-flavored beer? If so, Dine Brands Global Inc (NYSE: DIN)'s IHOP chain has you covered.  What Happened IHOP has struck a partnership with New York's Keegan Ales to sell IHOPS Pumpkin Pancake Stout beer. The company's buttermilk pancake mix is infused...

Alcoholic beverage producer Constellation Brands, Inc. (NYSE: STZ) is trading at a notable valuation premium to the broader market which can't be justified — especially after its $4-billion investment in cannabis company Canopy Growth Corp (NYSE: CGC), according to Susquehanna...

As beer continues to cede market share to alcoholic alternatives and hard sodas fall out of favor, brewers are jumping in on a rising trend. The industry is shaking its line-up with hard seltzer, a beverage seen to be as disruptive to beer as LaCroix has been to soda. Sparkling Water’s...

Anheuser Busch Inbev NV (ADR) (NYSE: BUD), the macro brewery whose brands include Budweiser, has a new lineup of summer beers that are inspired by America and freedom, according to Brendan Whitworth, Anheuser-Busch vice president of sales, What Happened Budweiser's recently launched lineup of...

After a more than fourfold increase in Constellation Brands, Inc. (NYSE: STZ) over the past five years, Stifel's bullish stance on the stock has come to an end.  The Analyst Stifel's Mark Swartzberg downgraded Constellation Brands' stock rating from Buy to Hold with a price...

After holding a neutral stance on Dollar Tree, Inc. (NASDAQ: DLTR) dating back to at least 2015, there are now three reasons Piper Jaffray is willing to turn bullish on the stock. The Analyst Piper Jaffray's Peter Keith upgraded Dollar Tree's stock from Neutral to Overweight with a...

President Donald Trump announced Thursday new proposed tariffs on steel and aluminum imports. Naturally, this is seen as a positive for domestic steel manufacturers but behind the scenes one overlooked segment could be harmed: beer companies. What Happened MillerCoors said on Twitter it'...