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<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Constellation tags (STZConstellation Brands (STZ) will release its fourth quarter results ahead of the opening bell on Thursday.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The company behind the beer Corona and Modelo was in after announced that he would invest in Canopy Growth (GSC). The & nbsp;A $ 4 billion investment was formalized in November. Investors are curious about how these investments and partnership have gone since. "Data-reactid =" 16 "> The company behind Corona Beer and Modelo has been at the center of concern after announcing that it would invest in Canopy Growth Cannabis. (CGC) The investment of 4 Billions of dollars were formalized in November and investors are curious as to how this investment and partnership has evolved since then.
Last month, it was reported that Constellation was about to make an agreement to sell some of its underperforming low-end wine brands. Management has previously indicated that wine sales are struggling, while the beer business continues to show strength.
Constellation Brands shares have jumped nearly 12% since the beginning of the year. According to analysts surveyed by Bloomberg, the company is expected to make a profit of 1.71 USD per share for a business turnover of 1.73 billion USD.
The results teleconference is scheduled for 10:30 am ET.
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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Heidi Chung is a Yahoo Finance journalist. Follow her on Twitter: @heidi_chung."data-reactid =" 21 ">Heidi Chung is a Yahoo Finance journalist. Follow her on Twitter: @heidi_chung.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit."data-reactid =" 22 ">Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "More from Heidi:"data-reactid =" 23 ">More from Heidi:
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Key factors to consider before embarking on IPOs, according to UBS"data-reactid =" 24 "> Key factors to consider before embarking on IPOs, according to UBS
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The inverse yield curve could be a good thing for stocks: Citi"data-reactid =" 25 "> A reversed yield curve could be a good thing for stocks: Citi
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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Alan Patricof, legendary investor: the leader of a company is more important than his product"data-reactid =" 27 "> The legendary investor Alan Patricof: the leader of a company is more important than his product
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