FONT-SIZE Plus   Neg

Constellation Brands Continues To See Significant Strength

After moving sharply higher early in the session, shares of Constellation Brands (STZ) continue to see considerable strength in late-day trading on Thursday. Constellation is currently up by 4.1 percent after reaching a record intraday high.

The jump by Constellation comes after the wine, liquor and beer company reported better than expected second quarter results and raised its full-year earnings guidance.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Electronic Arts Inc. said it is shutting down its Visceral Games Studio and making major changes to its upcoming Star Wars project currently being developed by the studio. Visceral Games is best known for creating the "Dead Space" series. Canada's banking regulator has released tougher mortgage-financing rules for borrowers in the uninsured segment of the mortgage market, which has been responsible for the major share of growth recently. It includes a requirement to "stress test" borrowers with uninsured loans to ensure they can withstand the impact of higher interest rates. McDonald's offers smartphone lockers so as to help customers spend quality time during family meals. The "Phone off. Fun On" campaign, introduced recently in a Singapore branch, aims to encourage diners to take a break from the virtual world to have real conversations over meals.
comments powered by Disqus
Follow RTT