Constellation Brands Inc.

Constellation Brands CEO hints stock buyback may be on the horizon

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Constellation Brands (STZ) could potentially implement a share buyback program, CEO Bill Newlands said Thursday – a move we would welcome as shareholders of the alcoholic beverage maker. Newlands’ comments followed Constellation’s release of mixed results for the third quarter of fiscal 2023 earlier today, sending the company’s stock price plummeting. Constellation shares closed nearly …

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Wall Street bullish on 3 Club stocks on Wednesday

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Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were investigated by Wall Street on Wednesday. Here is the latest analyst commentary on these Club holdings, along with our take. Apple analysts say: Baird cut its estimate for iPhone manufacturing by 8 million units in Apple’s fiscal first quarter, citing continued difficulties at an assembly …

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