Instead its $92.35 and climbing. Some of the easiest money I have made. Tons of upside. Get in while you can!
Thanks for the profit! Money in the bank. Huge push towards earnings. Dont get left behind
Wow sucks to be short right now doesn't it! This stock is clearly headed up. Sell out your short position and buy in.
Ron Fondiller, ESQ - Canandaigua Wine Co Inc
Brent Hanston, 2000-2009 Dir Accounting and VP - Canandaigua Wine Co and Accolade Wine now with ACX Bakersfiel
Mike Williamson, 2002-2003 VP Finance - now with PerfectBrands WA
Jon Moramarco 1999 -2009 CEO Canandaigua Wine Co
Sands CEO STZ
The U.S. Supreme Court on Monday passed on an appeal brought by heirs of Constellation Brand Inc. founder Marvin Sands who sought to nix hefty penalties tied to their participation in a series of transactions the government claims were designed to avoid paying taxes on over $125 million in capital gains in
The latest decision is tied to seven consolidated tax cases stemming from the sale of stock in Constellation Brands and other companies in the early 2000s. The government claims the Sands' participated in a series of dubious transactions in a bid to shield income generated from these transactions from substantial tax liability ...........................
According to the government, the Sands artificially inflated the basis in Constellation stock by approximately 900 percent and sold it through R R M & C Group LP for $74.8 million in 2001. But rather than recognizing a gain of approximately $65 million on the sale, Group LP reported a $19.8 million loss on the transaction, authorities claim. ....................................
…… ( TO BE NOTED: Soon after by 2003 STZ completed the acquisition of BRL Hardy ( Australia) after receiving substantial "incentives" from the Australian and New Zealand Governments...)
“It is plain that any reasonable person, not to mention ones as highly sophisticated as Robert and Richard Sands, would have known that an attempt to manufacture and claim a loss nearly 200 times greater that one’s actual loss in a tr
Since 2002, the company has paid over $6 in capital for every incremental dollar of revenue and paid $17 for every incremental dollar of profit. These trends are disturbing to anyone that cares about cash flow. Stir in some shady acquisition accounting, billions in debt, $726 million in hidden employee stock option liabilities, aggressive insider selling and it is hard to argue that anyone should own this stock. Accordingly, STZ makes our Most Dangerous stocks list for September
Shady Acquisition Accounting And Balance Sheet Red Flags
Market Is Fooled By Illusory Growth in EPS
Sentiment: Strong Sell
instead of 80 , STZ should be 8 bucks
Sentiment: Strong Sell
Moldauer is an international expert analyst with degrees in engineering, business admin and computers and with ....outstanding work references signed by ... Canandaigua Wine !! go figure
they belong to Canandaigua Wine co that is a subsidary of Constellation . Seems they tripped the Constellation into FEDS investigation
seems in 2002 -3 they had to write off the escalon and the concentrate businesses, funny seems the wine side of the business was losing money and the concentrate side was making money
seems loses were stashed in inter companies acoounts.
read the US diplomatic cable, she seems to have her fingers sticky in UNITED NATION food pr0grams. Wasnt there a food for fuel rigged program?