Wine Industry News

  • Is Constellation Brands Worth a Shot?

    THE STARS AREN'T ALIGNING for Constellation Brands (ticker: STZ) Friday morning. The wine and spirits maker forecasted adjusted earnings of $1.53 a share to $1.68 a share for fiscal 2011, which started March 1, well below the Street's estimates of $1.78 a share. The company's fourth-quarter ...
  • RIVERCAP and SPARFLEX Merge their Capsule Operations

    BUSINESS WIRE--The Spanish wine capsule company, RIVERCAP SA, is joining forces with its French counterpart, SPARFLEX SA, to better serve their wine and spirits clients. This operation is the result of a common vision of the world capsule market for cork-finished wines and spirits, where both com...
  • Constellation Brands Sales Fall

    Constellation Brands Inc.'s fiscal fourth-quarter sales dropped, although the company's loss narrowed amid fewer one-time charges compared with the year earlier period. But the company's shares dropped 5% to $15.99 in premarket trading after it gave a forecast that missed analyst views. The bigg...
  • Officials Confirm Grapevine Moth In Sonoma County

    SANTA ROSA, CA (AP) ― Sonoma County agriculture officials say additional land in the state's premier wine region will likely be added to a quarantine area after more European grapevine moths were found.Agricultural Commissioner Cathy Neville said Thursday the confirmation that three moths found n...
  • North American Wineries Top 7,000

    San Rafael,CA - The total number of wineries in North America has grown by 361 in less than one year, and swelled by 1,961 since January 2005, according to data released today on Wines & Vines IndustryBase. There are a total of 7,011 bonded and virtual wineries in the United States, Canada and Mexic...
  • A new "wine war" of Russia against Moldova in the making?

    RosPotrebNadzor has not allowed 47 tons of Moldovan wine to be delivered to Russia According to the RBK Russian TV channel, Chief Sanitary Inspector of the Russian Federation Gennady Onischenko explained it by the fact that the product does not meet the security (sic) requirements. He remarked...

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