Constellation Brands says consolidated distribution will help profits as it reverses 2Q lossOctober 1st, 2009 Constellation moves to profit; looks to holidaysMILWAUKEE — Wine and spirits maker Constellation Brands Inc. said Thursday no matter how consumers limit alcohol purchases this holiday season, it hopes its new distribution system will help squeeze out more profits, continuing the trends of its second quarter.
Constellation Brands moves to 2nd-quarter profit, partly on absence of impairment chargeOctober 1st, 2009 Constellation Brands moves to 2Q profitMILWAUKEE — Wine and spirits maker Constellation Brands Inc. said Thursday that it moved to a fiscal second-quarter profit because of lower restructuring costs and the absence of last year's impairment charge, beating analyst estimates.
Constellation, EdF may save $1B in taxes over 15 years under final terms of dealSeptember 30th, 2009 New terms may save Constellation, EdF $1B in taxesBALTIMORE — A Constellation Energy Group executive says the company and its partner Electricite de France will save more than $1 billion in taxes over 15 years under the new terms of a nuclear power transaction
Constellation's Vice President of Integration John Collins said Tuesday that under the new terms, EdF will buy 49 percent of Constellation's nuclear business, but in two pieces to meet federal tax regulations. It will pay $3.809 billion for one portion and $670 million for the other — less than the previously announced $4.5 billion.
Constellation Energy repays $500M, 6.125 pct bond without refinancingSeptember 2nd, 2009 Constellation Energy repays $500M, 6.125 pct bondBALTIMORE — Constellation Energy Group Inc. on Wednesday said it repaid a $500 million, 6.125 fixed-rate bond without refinancing, as part of its plan to improve liquidity and strengthen its balance sheet.
Minn. competition showcases wines from frosty northern states, where the grapes sure do sufferAugust 26th, 2009 Minn. contest spotlights wines from frozen northST. PAUL, Minn. — If grapes need to suffer to produce fine wines, surely there are fewer places they suffer as much as Minnesota and other northern-tier states.
Bottle of wine worth $20,000 stolen from, then returned to Massachusetts liquor storeAugust 4th, 2009 Pricey wine stolen, then returned to Mass. storeHOPKINTON, Mass.
Recession helps Missouri wine school lure grape growers hoping to turn hobby into careerJuly 30th, 2009 Recession helps wine school lure aspiring vintnersCOLUMBIA, Mo. — Soured on the real estate market, Columbia broker Bob Walters has found what he hopes is a more fruitful pursuit: growing grapes for wine.
Bangalore bonds at first wine festivalJuly 10th, 2009 BANGALORE - It was the perfect setting - the salubrious locales of Lalbagh Botanical Garden, accompanied by pleasant weather - the city could not have asked for more to kick-start its first wine festival Friday. Connoisseurs got a chance to sample white, red and rose wines brewed in the state at the inaugural day of the three-day colourful fiesta, conceptualised by the Karnataka Wine Board on the lines of popular wine festivals in vogue in developed countries.
Constellation Energy Group gets contract to supply electricity to Texas school districtJuly 8th, 2009 Constellation Energy gets Texas school contractBALTIMORE — Constellation Energy Group Inc. said Wednesday that its subsidiary, Constellation NewEnergy Inc., has signed an electricity supply agreement with the Fort Bend Independent School District in Fort Bend County, Texas.
Constellation Brands 1st-quarter profit falls on charges, but adjusted results top Wall StreetJuly 1st, 2009 Constellation Brands 1Q profit drops 85 percentNEW YORK — Wine and spirits maker Constellation Brands Inc. said it is benefiting from consumers switching from higher-priced beverages to those that offer more buzz for the buck.
Constellation Energy appeals ruling by Maryland regulators over EdF dealJune 11th, 2009 Constellation appeals Md. decision on EdFBALTIMORE — Power company Constellation Energy has appealed a ruling by Maryland regulators that they have the right to approve its proposed $4.5 billion sale of half its nuclear power business to French nuclear company EdF.
Wine enthusiasts buy in sips not gulps at Napa Valley wine auction for charitiesJune 9th, 2009 Sips not gulps: Napa Valley wine sale raises $5.7MST. HELENA, Calif.
Recession halves intake at Napa wine auction; organizers streamline approach for the timesJune 9th, 2009 Scaled-down Napa charity auction raises $5.7MST. HELENA, Calif.
Berkshire Hathaway sells 2.4M more shares of Constellation Energy obtained in failed takeoverMay 14th, 2009 Berkshire sells 2.4M more Constellation sharesOMAHA, Neb. — Billionaire Warren Buffett's company sold more of the 20 million shares of Constellation Energy Group Inc.
Constellation Energy posts 1st-quarter loss, but reaffirms full-year outlookMay 5th, 2009 Constellation Energy posts 1Q loss on itemsBALTIMORE — Utility company Constellation Energy Group Inc. on Tuesday posted a first-quarter net loss on several one-time losses, but reaffirmed its full-year earnings outlook.
Loading ...