Although the legal argument behind Anheuser-Busch InBev's (NYSE: BUD) new lawsuit against Constellation Brands (NYSE: STZ) hinges on whether hard seltzer is technically "beer," the stakes are actually much higher. While actual beer sales continue to decline, hard seltzer remains one of the hottest adult beverages on the market, growing at triple-digit rates. Anheuser-Busch's Grupo Modelo contends Constellation Brands violated the licensing agreement for Corona that was signed as part of the me...

Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long way to run yet; Chief global equity strategist Peter Oppenheimer recently noted that the market was moving from a “’Hope’ phase to a longer ‘Growth’ phase.” The firm’s economists are expecting the economy to sprout higher by 6.8% in 2021 and believe that by the end of the year the unemployment rate could drop to 4.1%. And there’s enough evidence to suggest the e...

With that in mind, let's look at why Constellation Brands (NYSE: STZ), PepsiCo (NASDAQ: PEP), and eBay (NASDAQ: EBAY) could help lift your retirement portfolio. Constellation Brands illustrated that stability during 2020 as sales rose 3%, even as consumers drastically shifted the way they purchase beer and wine. Constellation Brands' focus on premium imports, spanning brands like Modelo and Corona, allowed it to keep growing while these global conglomerates shrank.

Jim Sabia Managing Director, Beer Division Mallika Monteiro Chief Growth, Strategy & Digital Officer Jim Sabia assumes new role of Managing Director, Beer Division; Mallika Monteiro’s role expanded to Chief Growth, Strategy and Digital Officer VICTOR, N.Y., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today announced new and expanded responsibilities for two members of its Executive Management Committee, effective March 1...

Investors had a lot to look forward to in Boston Beer's (NYSE: SAM) fourth-quarter earnings report. There was no sign of a slowdown in Boston Beer's key growth niches. The Truly hard seltzer franchise ended the year with more than a 100% boost in depletions, a measure of consumption.

These are the consumer staples stocks with the best value, fastest growth, and most momentum for March 2021.

Goldman Sachs analyst Bonnie Herzog said a drop in the spirits maker's stock has provided "a nice entry point" to acquire shares.

The Mexican arm of drinks company Anheuser-Busch InBev accused U.S. firm Constellation Brands in a lawsuit filed on Monday of breaching a deal on the use of the Corona brand name by applying it to a product other than beer. Constellation has used the name for its Corona Hard Seltzer, a sparkling water with alcohol and flavouring, one of several seltzer drinks that have become very popular in the United States. The case is the latest in an increasingly competitive and litigious U.S. brewing mar...