USA: Canandaigua stockholders Approve Name Change to Constellation
Commenting on the name change to Constellation, Richard Sands, Chairman, President and Chief Executive Officer, noted: "The change of our corporate name to Constellation signifies a new and exciting chapter in our history, one that is reinforced by the growth and expansion in products we have enjoyed over the past several years. We are excited about the opportunities we see ahead."
The Constellation Companies -- Barton, Canandaigua Wine, Franciscan Estates and Matthew Clark -- will retain their names and current operating structure.
The new Constellation Brands, Inc., headquartered in Fairport, New York, is a leader in the production, marketing, and distribution of beverage alcohol products in North America and the United Kingdom. The company markets leading brands of imported beers, wines, spirits, cider and bottled water, and is a leading drinks wholesaler in the United Kingdom.
The Hardy Wine Company has posted a record grape harvest....
Constellation Brands is to launch a new Australian wine brand onto the US market through its North Lake Wines. The wine will be called Kelly's Revenge....
Alcohol intake amongst young female adults in the UK continues to rise and shows no signs of abating, according to a recent report....
Cobra Beer has launched an alcohol-free beer in South Africa, the UK and in its European and Asian export markets....
Yesterday we ran a story that innaccurately gave details of plans by Constellation Brands to make job cuts at Robert Mondavi. In fact the cuts have already been made and the details of the restructuri...
Constellation has released details of the salaries for its leading executives next year....
The equity analyst Legg Mason has raised its fiscal 2006 EPS targets for the US drinks group Constellation Brands to US$3.18 from US$3.12, saying it believed the company's attractive growth profile re...
Constellation Brands has reported record net sales and net income for its full year, despite a tough fourth quarter, in which it was hit by acquisition costs....
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