Investors Toast Constellation's Buyback
Bar patrons are fond of buybacks, and it seems investors in alcoholic beverage companies are too. Shares of No. 1 wine producer Constellation Brands (STZ) climbed May 7 after the company announced a stepped-up share repurchase and kept its 2007 earninmgs guidance steady.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.