|Bid||57.50 x 1300|
|Ask||63.00 x 800|
|Day's Range||59.40 - 60.19|
|52 Week Range||58.75 - 85.86|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||8.20|
|Earnings Date||Oct 31, 2018|
|Forward Dividend & Yield||1.64 (2.76%)|
|1y Target Est||74.44|
The cannabis business has been on fire lately, and there’s one area in the space that could still have serious potential to heat up: edibles, according to a new report by Arcview Market Research.
William "Bill" Coors, the former chairman of Adolph Coors Co. and grandson of the brewing company's founder, has died at 102.
Coors and his brother Joe are credited with refining the brewery's cold-filtered beer manufacturing system and also with the introduction of the mass-produced aluminum beer can and associated aluminum recycling efforts.
TSX: TPX) is saddened to announce that William (“Bill”) K. Coors, former chairman of the board of Adolph Coors Company and one of the truly great beer industry leaders, died peacefully at his home today at age 102. Coors was born Aug. 11, 1916, the grandson of Adolph Coors Company founder Adolph Coors. Under his watch, Coors survived and prospered while hundreds of breweries went out of business.
NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
There’s certainly an appetite for defensive positioning, but Deutsche Bank warns that it’s not yet time to jump into this sector.
On October 9, Bloomberg reported that Walmart’s (WMT) Canadian arm did some fact-finding on the possibility of selling cannabis-based products. Molson Coors Brewing’s (TAP) Canadian arm has struck a deal with Hydropothecary (HEXO) to develop cannabis-infused nonalcoholic beverages in Canada. In an email to Bloomberg, Diane Medeiros of Walmart stated that Walmart has no plans yet to sell cannabis-infused products.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Constellation Brands’ (STZ) beer segment continued to drive the overall sales growth of the company in the second quarter of fiscal 2019. The company’s beer segment sales grew 10.5% to $1.5 billion in the second quarter due to continued strength in its imported beer portfolio. In contrast, net sales of rival Molson Coors Brewing (TAP) declined 0.2% to $3.1 billion, as the company’s volumes continued to be weak in North America.
Constellation Brands’ (STZ) sales grew 10.3% on a year-over-year basis to $2.30 billion in the second quarter of fiscal 2019. The company’s sales growth in the second quarter was higher than the 6.1% growth in the first quarter of fiscal 2019 and the 3.2% growth in the second quarter of fiscal 2018. Constellation Brands’ sales growth in the second quarter was a result of the impressive performance of the company’s beer division and an improvement in the top line of its wine and spirits segment.